Liberty Defense has Appointed the Honorable Thomas Monheim, Former Inspector General for the US Intelligence Community & Current Executive Director, Global Compliance Investigations and Ombuds, for GE Aerospace, to its Newly Formed Strategic Advisory
WILMINGTON, Mass., June 25, 2025 — Liberty Defense Holdings Ltd. (' Liberty ' or the ' Company ') (TSXV:SCAN, OTCQB:LDDFF), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that The Honorable Thomas Monheim, former Inspector General for the US Intelligence Community and current Executive Director, Global Compliance Investigations and Ombuds, for GE Aerospace, has joined our new Strategic Advisory Board which will have up to nine Members. This new Board will help focus and guide Liberty Defense in its journey to scale its groundbreaking technology, both in the United States and globally.
Tom Monheim dedicated more than three decades of service to the United States, beginning as a Judge Advocate in the US Air Force and finally serving as the Senate confirmed Inspector General of the US Intelligence Community (USIC). Mr. Monheim has served as the General Counsel of the National Geospatial-Intelligence Agency, Deputy General Counsel at the Office of the Director of National Intelligence, Senior Legal Counsel at the National Counterterrorism Center, Associate Deputy Attorney General at the Department of Justice, and Associate Counsel to the President at the White House. Mr. Monheim retired as a Colonel from the U.S. Air Force Reserve. He earned numerous distinguished government service awards, including the Presidential Meritorious Executive Award, the Director of National Intelligence Exceptional Service Award, the Legion of Merit, and the Bronze Star. Mr. Monheim is a graduate of the University of Pennsylvania, the University of California Los Angeles School of Law, and the National War College.
In his current role at GE Aerospace, Mr. Monheim leads the open reporting and compliance investigation programs and teams in the company that is a world-leading provider of jet and turboprop engines, components, and integrated systems for commercial, military, business, and general aviation aircraft.
Mr. Monheim welcomed this new appointment, stating 'I have always been driven by a sense of purpose, and I feel privileged to be part of the Liberty Defense team as we improve security detection against ever-evolving and proliferating threats at home and abroad. I am energized about helping make airports and skies safer, and better protecting people in various venues such as schools, malls, courthouses, and office buildings. Serving as a Strategic Advisory Board member for Liberty Defense is a special opportunity to continue serving the greater good, as I have done for more than 30 years now.'
'Tom Monheim has unparalleled military and civilian service to our country,' said Bryan Cunningham, President of Liberty Defense. 'He combines strategic vision, leadership skills, and one of the strongest work ethics I observed while working with Tom at the White House on vital national security issues at the highest levels of our government. I look forward to working with Tom and our other new SAB members to achieve Liberty Defense's vital mission to make the US and the world safer and more secure while enhancing our convenience and quality of life at airports, governmental facilities, and public gatherings of all kinds.'
For updates and news, please visit www.libertydefense.com to subscribe to email alerts or follow Liberty Defense on social channels.
On Behalf of Liberty Defense
Bryan Cunningham
President
About Liberty Defense
Liberty Defense (TSXV: SCAN, OTCQB: LDDFF) provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com
For Media and PR Inquiries please contact:
Abigail Dellapina
ICR Strategic Communications & Advisory
liberty@ icr inc.com
For more information about Liberty's Strategic Advisory Board, please contact:
Bryan Cunningham
President
303-349-4870
bcunningham@libertydefense.com
For sales information, please contact:
Ian McNaughton
Senior Director Business Development, Liberty Defense
613-292-3669
imcnaughton@libertydefense.com
FORWARD-LOOKING STATEMENTS
When used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable).
Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Featured Image @ Freepik
Read more investing news on PressReach.com.Subscribe to the PressReach RSS feeds:
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
19 minutes ago
- Globe and Mail
Interactive Brokers' Stock Split: Time to Buy Shares?
A stock split does not change anything about the underlying business fundamentals of a stock, and yet, stock-split stocks tend to outperform over the 12 months following a split. This makes them interesting to pay attention to. One under-the-radar stock split that occurred this month is Interactive Brokers (NASDAQ: IBKR), performing a 4-to-1 split on its common shares. The technology-focused investing brokerage has grown users, revenue, and earnings at an impressive rate in the last 10 years, with customers drawn to its advanced trading platform. Does this make the stock a perfect buy for investors right now? Let's take a closer look at why Interactive Brokers is a winning stock to add to your portfolio. Comprehensive offering for the masses Interactive Brokers is an advanced trading platform that brings professional service to the masses. By enabling its customers to trade virtually any foreign market, currency, bonds, futures, and more, the brokerage has built up a better value proposition than traditional brokerages, even online-focused ones. It has an easy-to-use mobile application as well as more advanced trading tools, helping it cater to the more sophisticated individual investor as well as professional investors and hedge funds. It does all this at a reasonable price, including free stock trading on its IBKR Lite platform. This consistent focus on a wide swath of trading capabilities at a reasonable price has helped Interactive Brokers convince investors to switch to its brokerage platform. Back in 2012, Interactive Brokers only had 200,000 active customers, a minnow in the brokerage world. Today, it has 3.6 million customers that skew toward wealthier, advanced, and professional traders. This is a valuable set of customers with high lifetime values. To keep furthering its brokerage offering, Interactive Brokers is now offering more cryptocurrency trading and the fast-growing prediction marketplace, which allows users to bet on things such as the outcome of a country's election. The more types of trades you can make on Interactive Brokers, the more valuable it is for customers. This is why investors are switching from legacy players to Interactive Brokers. An impressive run of earnings growth Typically, fast-growing companies are not very profitable because of how much they need to spend on advertising, marketing, and technological development. Not Interactive Brokers. The company has built up a culture of efficiency and product-led growth combined with a highly automated brokerage platform that needs fewer employees to manage. Last quarter, Interactive Brokers had a pre-tax profit margin of 74%, which is one of the best profit margins of any company globally. The average profit margin for the S&P 500 index has ranged from 10% to 15%. Interactive Brokers has used this increasing operating leverage to put up impressive earnings growth in the last few years. Net income is up 400% in the last five years, hitting $793 million over the last 12 months. With only a small portion of investors using Interactive Brokers, the company has plenty of room to keep growing in the years to come; it is nowhere near one of the largest players in the brokerage market today. IBKR PE Ratio data by YCharts Should you buy IBKR stock? Investors who are backward-looking may think they have missed out on owning Interactive Brokers stock. It is up 67% in the last 12 months and just went through a stock split. I believe these investors are missing the forest for the trees. At today's stock price, Interactive Brokers trades at a price-to-earnings ratio (P/E) of 28. Most value investors would look at this high earnings ratio and scoff at investing in this company. However, we need to remember that Interactive Brokers has put up impressive levels of user, revenue, and earnings growth in the last five years and still has a long runway to keep stealing market share of brokerage customers. Its superior platform is not going to be replicated overnight, and it keeps improving its breadth of products and services every year. If Interactive Brokers can keep growing its earnings at a fast clip (which I think it can), the stock is a great buy after its recent stock split. Should you invest $1,000 in Interactive Brokers Group right now? Before you buy stock in Interactive Brokers Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Interactive Brokers Group wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor 's total average return is809% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Brett Schafer has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Interactive Brokers Group. The Motley Fool recommends the following options: long January 2027 $175 calls on Interactive Brokers Group and short January 2027 $185 calls on Interactive Brokers Group. The Motley Fool has a disclosure policy.
National Post
25 minutes ago
- National Post
Alan Kessel: Trump puts an end to American ambivalence
The Middle East has entered a precarious calm. On June 24, a ceasefire brokered by United States President Donald Trump brought a sudden halt to a week of escalating hostilities between the U.S., Israel, and the Islamic Republic of Iran. The missiles have stopped — for now — but the implications of what unfolded are still reverberating across the region, and far beyond it. Article content Article content This was not just a military flare-up. It was a decisive geopolitical moment that revealed a strategic realignment — and the unmistakable reassertion of American power. Article content Article content For Iran's regime, the confrontation exposed its growing vulnerability. For the United States, it marked the end of ambiguity. And for the world, it was the clearest evidence in years that America is not withdrawing from the world — it is re-engaging with purpose. Article content This was not merely an Israeli campaign. It was a moment of joint resolve between Washington and Jerusalem. For the first time, the United States gave explicit operational backing to Israel to strike deep into Iran's strategic core. The long-standing policy of restraint — a combination of caution and geopolitical fatigue — was abruptly discarded. Article content Israel took the operational lead in the opening days of the campaign, targeting Iran's military infrastructure and command-and-control systems with surgical precision. These strikes laid the groundwork for what followed. Once Iranian air defences and key communication nodes were degraded, U.S. B-2 stealth bombers entered the theatre and delivered the coup de grâce: coordinated precision strikes on Iran's three most sensitive nuclear enrichment sites: Fordo, Natanz, and Isfahan. These were not symbolic targets. They were the beating heart of Iran's atomic ambitions. Article content Article content The damage was most acute at Fordo — the most important of the three sites, and once thought untouchable — where early satellite imagery analysis suggests that extensive subterranean infrastructure may have been compromised. The message was unmistakable: the West not only knows where Iran's weapons infrastructure lies, it now has the political will and operational reach to neutralize it. Article content Article content Trump, who had long vowed that Iran would never be allowed to develop nuclear weapons, followed the strikes with a televised addres s from the White House. The message was stark: Iran must choose peace or risk further devastation. Three days later, under intense pressure, Tehran accepted a ceasefire. Whether that choice holds is uncertain — but the balance of risk has now shifted. Article content For the Islamic Republic, the week of strikes marked its most dangerous crisis since the revolution of 1979. Already crippled by sanctions, riven by internal dissent, and diplomatically cornered, it now saw its nuclear and missile infrastructure laid bare. Iran's deterrence posture — based on ambiguity, asymmetry, and impunity — cracked under the weight of co-ordinated force.
Globe and Mail
34 minutes ago
- Globe and Mail
Want to Invest in Quantum Computing? 2 Stocks That Are Great Buys Right Now.
Quantum computing will change the world someday. Next-generation systems will be able to do certain kinds of advanced math and pattern-matching much faster than today's digital chips. The quantum computing era will change everything you know about encryption and data security, but will also enable incredible innovation in fields such as medical research, weather forecasting, and economics. So the "quantum advantage" and "quantum supremacy" milestones are coming up, eventually making quantum systems incomparably more powerful for a very specific set of tasks. Problems involving large data sets and extremely precise calculations may look impossible now, but quantum computers may breeze through them quickly. It's a long journey, though. Investors recently got very excited about a couple of baby steps toward this future, sending a few quantum computing stocks sky-high in just a few months. As of June 23, early favorites IonQ (NYSE: IONQ) and D-Wave Quantum (NYSE: QBTS) have seen price gains of 471% and 1,188% over the last year, respectively. But I don't think these are the best bets on quantum computing in 2025. Many of the biggest names in Silicon Valley are funneling their massive resources into quantum research, and I'd much rather hitch my wagon to these innovative powerhouses instead. Alphabet and IBM are quantum's real power players My preferred quantum computing investments happen to be the engines behind the recent market uproar. Google parent Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) got the ball rolling with the Willow chip in December 2024. This small quantum computing processor features advanced error correction, which is an important function in the noisy and error-prone quantum computing process. As impressive as the Willow chip's performance was, it's just the second milestone on the 6-step road to quantum supremacy. Each step so far has taken several years. Just a couple of weeks ago, IBM (NYSE: IBM) announced the construction of a large quantum computer with its own set of powerful error correction features. Mind you, this system is more of a plan than a real-world project. IBM expects the Starling computer to be available in 2029. Deep pockets matter in this expensive research race Alphabet and IBM can invest billions of dollars in quantum computing research without breaking a sweat. As the largest company on the pure-play side of the quantum computing fence, IonQ has just $588 million of cash equivalents available. IonQ also burned more than $127 million of cash in 2024, and its cash pile won't last forever. It may sound crass, but this cash advantage gives IBM and Google a huge leg up on the smaller and deeply unprofitable competition. A single dead-end research project or management misstep could be enough to put the smaller organizations out of business, or at least make them easy targets for deep-discount buyouts. The tech giants don't work under the same sink-or-swim pressure. They can rely on an established portfolio of profitable business operations to get over any quantum computing setbacks. Meanwhile, they can enjoy success in unrelated business operations, like Google's online search and advertising or IBM's consulting services. Sleep easy with Alphabet and IBM Investing in D-Wave and IonQ is very risky in this early stage. Sure, they could evolve into solid sector leaders in due time, but they are also vulnerable to greater risks along the way. At the same time, IBM and Alphabet happen to trade at very reasonable valuation ratios right now. Picking these tech giants is not an act of high-wire acrobatics, but more like resting on fluffy blankets. And make no mistake -- IBM and Google are right on the leading edge of quantum computing research. What's not to love in this blend of investor safety and long-term growth opportunity? Long story short, the pure plays can be exciting but the real smart money is on the tech giants. Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $689,813!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $906,556!* Now, it's worth noting Stock Advisor 's total average return is809% — a market-crushing outperformance compared to175%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025
