Monitor for additional airport deployments or follow-on orders from CLE or other airports as HEXWAVE gains traction in aviation security. The contract win validates product-market fit but lacks disclosed financial terms.
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Executive Summary
Liberty Defense announced that Cleveland Hopkins International Airport (CLE) will deploy two HEXWAVE systems for its Aviation Worker Screening program. Wadsworth Solutions is the prime contractor for installation, training, and support. This marks HEXWAVE's deployment at nine airports, indicating growing adoption in the aviation security market.
Key Facts
- Cleveland Hopkins International Airport (CLE) will deploy two HEXWAVE systems for Aviation Worker Screening.
- HEXWAVE detects metallic and non-metallic threats using millimeter wave technology and AI-based automatic threat detection.
- Wadsworth Solutions is the prime contractor for installation, training, and ongoing support.
- With CLE, HEXWAVE will be deployed at nine airports total.
- CLE serves approximately 10 million passengers annually.
Financial Impact
Deal value not disclosed; contract is a deployment order for two systems at a major airport, expanding HEXWAVE's airport footprint to nine locations.
Risk Factors
- Deal value and financial terms not disclosed, limiting ability to assess revenue impact.
- Forward-looking statements subject to risks including project delays, cost overruns, and market conditions.
- Liberty Defense has a limited operating history and may face execution risks in scaling deployments.
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3373802 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 6-K | $1.44 $1.71 | ▲ +18.75% | ▲ +18.66% | $1.69 (+17.36%) |
Oct 13, 2026 13d ago | 6-K | $1.53 $1.50 | ▼ −1.96% | ▼ −2.41% | $1.69 (+10.46%) |
Oct 13, 2026 13d ago | Press Release | $1.53 $1.50 | ▼ −1.96% | ▼ −2.41% | $1.69 (+10.46%) |
Oct 13, 2026 13d ago | 6-K | $1.56 $1.50 | ▼ −3.85% | ▼ −2.69% | $1.69 (+8.33%) |
Oct 6, 2026 20d ago | 6-K | $1.96 $1.56 | ▼ −20.41% | ▼ −20.27% | $1.69 (−13.78%) |
Oct 2, 2026 24d ago | 6-K | $2.11 $1.80 | ▼ −14.69% | ▼ −15.85% | $1.69 (−19.90%) |
Oct 2, 2026 24d ago | Press Release | $2.11 $1.80 | ▼ −14.69% | ▼ −15.85% | $1.69 (−19.90%) |
Sep 24, 2026 4w ago | 6-K | $2.10 $2.09 | ▼ −0.48% | ▼ −0.06% | $1.69 (−19.52%) |
Sep 24, 2026 4w ago | Press Release | $2.10 $2.09 | ▼ −0.48% | ▼ −0.06% | $1.69 (−19.52%) |
Sep 16, 2026 5w ago | 6-K | $2.23 $2.05 | ▼ −7.96% | ▼ −10.53% | $1.69 (−24.13%) |
US Market Status
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