Liberty Defense Appoints Interim CEO as Bill Frain Resigns

Security
Security
Change of Management
Change of Management
IPO:
Apr 22, 2026
Industry:
SEARCH, DETECTION, NAVAGATION, GUIDANCE, AERONAUTICAL SYS

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Liberty Defense Announces Management Change with Interim CEO Appointment

Wilmington, MA, USA - October 13, 2026 - Liberty Defense Holdings Ltd. (NASDAQ: DETX), a technology provider of AI-based next generation detection solutions for concealed weapons and threats, announced that Bill Frain is resigning as Chief Executive Officer effective October 31, 2026. Keith Teichmann, the Company current Chief Operating Officer, will assume the role of Interim Chief Executive Officer.

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About LIBERTY DEFENSE HOLDINGS, LTD.

We are an emerging leader in artificial intelligence (“AI”)-based contactless security technology for detecting concealed metallic and non-metallic weapons and threats. Our mission is protecting communities and preserving peace of mind through superior security detection solutions, while simultaneously increasing ease of travel and convenience for security at major checkpoints. In furtherance of this mission, we offer two separate security screening solutions: our HEXWAVE™ system and our High-Definition Advanced Imaging Technology Upgrade Kit (“HD-AIT Upgrade Kit”).

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