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Liberty Defense (SCAN.V) gets acceptance into NVIDIA AI program

A. Lawrence

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security technology stock to buy

Vancouver, British Columbia and Atlanta, Georgia–(Newsfile Corp. – May 13, 2019) – Liberty Defense Holdings Ltd. (TSXV: SCAN) (FSE: LD2) (“Liberty“), a leader in security and weapons detection solutions, is announcing acceptance into the NVIDIA Artificial Intelligence (AI) inception program, designed to accelerate the growth of select startups that are advancing their industries using AI and Deep Learning (DL).

The AI team is utilizing the program’s resources and expertise to advance the automatic detection technology in Liberty’s signature HEXWAVE product. HEXWAVE utilizes graphics processing units (GPUs) for its active 3D imaging technology, and uses AI and DL methods for the automatic detection of threats, such as weapons.

The virtual accelerator program provides tools, technology, and expertise to help startups during the stages of product development, prototyping, and deployment. It also offers training from the NVIDIA DL institute, hardware discounts, and grants.

Recently, Liberty’s AI team attended NVIDIA’s 2019 GPU Technology Conference (GTC), a global conference series providing training, insights, and direct access to experts on the major topics in computing.

“At the conference, our team gathered information on the available tools to accelerate computing, optimizing and deploying models efficiently, data pre-processing and labeling, and object and anomaly detection, among other information and activities,” said Aman Bhardwaj, Liberty’s COO and President of US Operations. “We were also able to interact with some of the best minds in AI and learn about real world problems, research, and advancements in the technology. We anticipate presenting the HEXWAVE product at next year’s GTC.”

Liberty also wishes to announce that it has engaged Clarkham Capital Ltd. (“Clarkham”) to provide investor relations services to the company in the European market.

Clarkham, based in London, UK, is a consulting company that provides investor relations and marketing services with a focus on the German stock market and the German-speaking investor community. Pursuant to the agreement with Clarkham, Clarkham has agreed to create and publish content regarding Liberty’s business for a three-month period in exchange for an all-inclusive fee of €200,000.

On Behalf of Liberty Defense

Bill Riker
CEO & Director

About Liberty Defense

Liberty provides security solutions for concealed weapon detection in high volume foot traffic areas and has secured an exclusive license from MIT Lincoln Laboratory, as well as a technology transfer agreement, for patents related to active 3D imaging technology that are packaged into the HEXWAVE product. The system is designed to provide discrete, modular and scalable protection to provide layered, stand-off detection capability. This is intended to provide a means to proactively counter evolving urban threats. The sensors with active 3D imaging and AI-enhanced automatic detection are designed to detect metallic and non-metallic firearms, knives, explosives and other threats. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: LibertyDefense.com

For further information contact:

LIBERTY INVESTOR RELATIONS:
Adam Ross
Telephone: 604-336-9820 x1
Toll-Free: 1-833-923-3334
Email: info@libertydefense.com

LIBERTY MEDIA RELATIONS:
Brittany Whitmore
Telephone: 778-238-6096
Email: brittany@exvera.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. The forward-looking statements and information in this press release include, amongst others, information relating to NVIDIA, GTC, development of technology, and the partnership with Clarkham. 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. Such factors include, among others, the following risks: (a) there is no assurance that Liberty will move forward with the NVIDIA program; and (b) there is no assurance that Liberty will present HEXWAVE at the GTC. These fluctuations may adversely affect the price of the Liberty’s securities, regardless of its operating performance. 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 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.

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Stock Price Thursday Morning Update – May 16, 2019

Joe Samuel

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Did UPS Drop The Ball? The Biggest Missed Marijuana Industry Opportunity

Marijuana consumption has always been around. But it has always faced public image problems along with its legality. However, as US restrictions on marijuana use become looser, the opportunity for expansion in the industry becomes greater. The combination of convenience and increasing use of marijuana, globally, opens the doors for things like cannabis delivery services. Yet, only a handful of companies are really sinking their teeth into this niche of the marijuana industry and big shippers like UPS & FedEx are dropping the ball. That could mean big opportunities for first movers.

Click Here & Read The Full Article


U.S. Solar Industry Reaches Milestone With 2 Million Installations

The solar installations in the United States have reached a milestone with 2 million solar installations. In fact, the number of solar installations in the United States has officially surpassed 2 million, according to the latest data from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). It is a breakthrough in the solar industry, as it took almost 40 years to install 1 million panels whereas it took only three years since then to reach 2 million.

Is Solar Ready To Boom? Click Here


A New Security Technology Has Begun Turning Heads!

With the world up in arms for more control, companies are scrambling to find a solution. This one, newly publi company could have a solution to address a REAL problem for millions of people across the world

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U.S. Solar Industry Reaches Milestone With 2 Million Installations

Joe Samuel

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solar energy stocks

The solar installations in the United States have reached a milestone with 2 million solar installations. In fact, the number of solar installations in the United States has officially surpassed 2 million, according to the latest data from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). It is a breakthrough in the solar industry, as it took almost 40 years to install 1 million panels whereas it took only three years since then to reach 2 million. It is estimated that in the next two years the figure would cross 3 million.

However, according to Wood Mackenzie it should have actually taken two years to reach the 2 million installation figure. The prediction is indeed weird as the installation of the same has been underestimated by most of the market analysts. Thus, growth is noteworthy.  There is a vivid explanation of the reason behind the prediction of Wood Mackenzie. The figures that we are talking about stand for the number of individual arrays – arrays on the roofs of homes which though comprise a minority of installed capacity, do make up the large majority of individual projects.

Challenges For Solar Power

For all its momentum, the U.S. solar market has not been without its challenges. Despite the decade of incessant growth feat, the U.S solar market collapsed in the first quarter of 2017. This was as a result of the decline in the residential solar market stemming from the decline of the SolarCity/Tesla. However, the market gained the drive and returned to the level it reached in late 2016.

There are several factors that constrained the growth according to Wood Mackenzie and SEIA. Tesla has acquired SolarCity and had dumped its door-to-door sales. Instead, it initiated sales through stores and online through websites. This resulted in the collapse in solar installation and Tesla’s market share.

Residential installations dropped 15 percent between 2016 and 2017, with Tesla’s share showing the most extreme decline during that period, dropping from 650 megawatts to 352 megawatts.  There also had been a substandard possession by SunEdison which compelled Vivint Solar to pull back its sales efforts resulting in a collapse in installations. Thus, the only company emerging triumphant was Sunrun thereby making it one of the three biggest U.S. residential solar companies not to pull back from the market.

Trying extremely hard to grow with lower prices, Tesla has managed to gain customers online, thereby setting pressure of its counterparts. Success in gaining more customers, that too at lower costs, shall determine the time frame the industry would require to install its next million systems — and at what price. Largely due to the challenges of customer acquisition cost, Wood Mackenzie predicts residential growth at just 3.3 percent in 2019.

Despite This, Solar Is Starting To Shine

According to the forecast by Wood Mackenzie, the United States will reach 3 million solar installations in 2021, and 4 million in 2023.  “The rapid growth in the solar industry has completely reshaped the energy conversation in this country,” said Abigail Ross Hopper, president and CEO of trade group SEIA. “This $17 billion industry is on track to double again in five years, and we believe that the 2020s will be the decade that solar becomes the dominant new form of energy generation.”

Looking at a bigger picture, the decline in the costs for lithium-ion batteries and a switch to time-of-use rates, the residential solar companies have started making provisions storage systems along with solar systems. This makes storage a prerequisite as one penetrates deep in key markets.

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Did UPS Drop The Ball? The Biggest Missed Marijuana Industry Opportunity

Joe Samuel

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on

Marijuana consumption has always been around. But it has always faced public image problems along with its legality. However, as US restrictions on marijuana use become looser, the opportunity for expansion in the industry becomes greater. The combination of convenience and increasing use of marijuana, globally, opens the doors for things like cannabis delivery services. Yet, only a handful of companies are really sinking their teeth into this niche of the marijuana industry.

The biggest hurdle for a cannabis delivery service stands on the federal legalization of marijuana. While individual states are legalizing the medicinal and recreational use of marijuana, it is still considered illegal federally. This is significant because it makes interstate trade extremely difficult to the point where it isn’t worth the risk.

Limited Options For Cannabis Delivery

You cannot get marijuana shipped using USPS as they are a federal agency, nor can you utilize UPS, FedEx, or other private shipping companies. This is due to the Department of Justice looking into previous drug malfeasance in 2014. Additionally, the employees for private services can technically go through packages and either take your illegally transported marijuana or report you for financial incentives.

Marijuana industry giants like Canopy Growth (CGC) and Aurora (ACB), haven’t really focused on developing a delivery service. This is because as legality spreads across the continent, so does the delivery range of marijuana mailings. It may take resources and time to develop a delivery service, but the reward could be unimaginable. Take a look at the restaurant industry. When online delivery blew up, it experienced a growth of 300% compared to dining in according to QSR Magazine.

There Are Delivery Options Available – A Good Opportunity For Investors?

Given the industry, investors should consider that this is a very early stage in this particular niche of delivery. Being that very few public companies are entering the space, it may be hard to find a diverse pool of options. But for early marijuana stock investors, they already know all too well that first-mover advantage could be key to grabbing onto an early trend.

Driven Deliveries (DRVD) is a delivery service company for legal marijuana products. While limited in the areas it can reach, the company has grown its business out across California and has been spreading into Nevada and other states. Controlling the California market is huge given the state has the largest marijuana market in the US. It helps the company prepare for less dense markets once they are able to handle California’s market size. The growth for potential is massive as more states begin to flip to pro-marijuana delivery.

To this end, Driven Deliveries just went into expansion mode. It has successfully launched operations in Nevada with Shango Marijuana Dispensary, one of the most successful stores in the State.  The new endeavor provides Driven with a monumental opportunity to serve Las Vegas, the largest market in the State with massive tourism, and a central launch point for additional markets throughout Nevada.

The Nevada cannabis market has been growing at a rapid pace.  Nevada retailers sold approximately $530 million worth of medical and recreational cannabis in 2018.  The $44.1 million in monthly revenue represents a 35% increase when compared to monthly revenue in 2017. According to New Frontier and Arcview Market Research, annual legal cannabis sales in the state are projected to grow to an estimated $629.5 million by 2020.

Investors are Starving for this Tech

Investors’ appetite for such delivery service companies seems to be insatiable. Take DoorDash for example. The company competes with GrubHub and Uber Eats but recently tripled its valuation in only about 5 months to $4 billion despite not even being profitable.

Moreover, Uber Eats owns about 20% of the market while GrubHub, including Seamless and Eat24, has 52% market share. And even in the face of that steep competition, DoorDash has raised nearly $1 billion overall to date. This should give you an idea of just how hungry investors are for on-demand service companies.

Even Chinese investor and WeChat owner, Tencent, is looking to get involved in the food-technology sector in a big way by contributing a significant piece of a $500-$700 million raise for India’s Swiggy. The investment would value Swiggy at $2.5-$3 billion. Another app called Rappi is a Colombian on-demand delivery startup that recently brought in a new round of funding at a valuation north of $1 billion. How will you play the cannabis delivery stock evolution?

marijuana delivery stocks

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