Liberty Defense Appoints Steve Karoly to Board of Directors

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 Appoints Steve Karoly to Board of Directors

Wilmington, MA, USA - October 16, 2026 - Liberty Defense Holdings Ltd. (NASDAQ: DETX), a leading technology provider of AI-based next generation detection solutions, today announced the appointment of Steve Karoly to its Board of Directors, effective immediately. Mr. Karoly will replace outgoing CEO Bill Frain, who is departing the company at the end of October.

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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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