• Liberty Defense published its MD&A for the three months ended March 31, 2026, centered on scaling HEXWAVE production and TSA program completion.
• Revenue USD 919,421; 6 HEXWAVE units delivered at about USD 95,000 per unit; backlog about USD 1 million.
• Net loss USD 2.7 million; cash USD 22,409; working capital deficit USD 6.58 million; contractual obligations USD 9.84 million with USD 9.43 million due within one year.
• Forecast fiscal 2026 revenue of about USD 5.5 million to USD 8.5 million; most expected in the second half on deployments, funding, contract execution.
• Subsequent event: U.S. IPO priced at USD 4.5 per share; 3,673,638 shares issued; pre-funded warrants for 770,807 shares; gross proceeds USD 20 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liberty Defense Holdings Ltd. published the original content used to generate this news brief on May 29, 2026, and is solely responsible for the information contained therein.