Liberty Defense Announces New Board Member
Key Highlights
- ➤Steve Karoly appointed Liberty Defense (DETX) director, effective immediately
- ➤Bill Frain leaves Liberty Defense’s board at October’s end
- ➤Karoly previously oversaw TSA’s $1 billion budget
- ➤Liberty’s HEXWAVE uses licensed MIT technology for concealed-weapons detection
Expert Statements
John Percival, Chairman of Liberty Defense
“We are extremely pleased to welcome Steve to the Board of Directors,”
John Percival, Chairman of Liberty Defense
“Steve has strong experience in government and transportation security from his years at TSA, Customs & Border Protection and K2 Security Screening. He brings valuable insights into federal security requirements, procurement and the deployment of security technologies across the nation's transportation infrastructure.”
Steve Karoly, Executive Vice President of K2 Security Screening Group and Liberty Defense board member
“Liberty Defense is addressing an important and growing need for advanced security screening solutions,”
Steve Karoly, Executive Vice President of K2 Security Screening Group and Liberty Defense board member
“Having spent much of my career focused on transportation security, federal acquisition and the deployment of advanced detection technologies, I see significant opportunities for Liberty's technology. I look forward to contributing my experience to the Board and helping the Company expand its presence across the U.S. government and broader security markets.”
WILMINGTON, Mass., Oct. 16, 2026 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. (“Liberty” or the “Company”) (NASDAQ: DETX), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, today announced the appointment of Steve Karoly to the Board of Directors, effective immediately. Steve will replace outgoing CEO Bill Frain, who is leaving the company at the end of October, on the Board.
"We are extremely pleased to welcome Steve to the Board of Directors," said John Percival, Chairman of Liberty Defense. "Steve has strong experience in government and transportation security from his years at TSA, Customs & Border Protection and K2 Security Screening. He brings valuable insights into federal security requirements, procurement and the deployment of security technologies across the nation's transportation infrastructure."
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