Liberty Defense Holdings Ltd. (SCAN:TSX.V; LDDFF:OTCQB; LD2:FSE) announced in a news release it signed a collaborative agreement to test its HEXWAVE product with Port Tampa Bay, Florida's largest port. Testing is expected to begin later this year and continue into next.
"The potential of HEXWAVE's high throughput is very appealing to us because it provides a new way to strengthen our security posture and ensure the safety of all passengers without slowing down the flow of visitor traffic," Port Tampa Bay President and CEO Paul Anderson said in the release.
Port Tampa Bay is busy. It recently surpassed 1 million cruise ship passengers in one fiscal year for the first time ever. The region of the Tampa Bay-Orlando I-4 corridor, growing the fastest in Florida, gets more than 60 million visitors per year.
The cruise industry is a new vertical for Liberty Defense. "The port will be able to provide Liberty with new learning opportunities by opening up access to the unique aspects of security for cruise lines, which have frequent vacationers traveling in and out of Florida," Liberty Defense CEO Bill Riker said in the release. "The port environment will bring its own set of challenges from an operational perspective."
Along with catering to cruise lines, Port Tampa Bay "handles a wide array of bulk, break bulk, containers and roll-on/roll-off cargoes, and is a major shipbuilding and repair center," the release explained.
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