Brad Buswell, Chairman of the Board of Directors Atlanta, GA, June 09, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a next-generation provider of AI-powered CT screening systems for aviation, customs, and critical infrastructure, today announced the appointment of Brad Buswell as Chairman of the Board of Directors, effective June 9, 2025. Mr. Buswell has served as a member of the Board of Directors since January 2025. "On behalf of the entire ScanTech AI team, I would like to thank Karl Brenza for his steady leadership and instrumental role in navigating the Company's transformation into a publicly traded enterprise," said Dolan Falco
Atlanta, GA, June 04, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, today announced that it has secured a formal allocation to complete the European Civil Aviation Conference (ECAC) certification process for its advanced Sentinel Fixed-Gantry CT system, designed for high-accuracy explosive detection in aviation environments. This allocation positions the Company to undergo additional Phase testing under ECAC's Common Evaluation Process of Security Equipment (CEP), a critical step toward achieving European approval for deployment at airports across the European Union and be
Shipment of another Sentinel Fixed Gantry CT underway — advancing AI-powered security screening across critical infrastructure Atlanta, GA, June 02, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a leading innovator in advanced security screening technologies, today announced the successful delivery of its sixth Sentinel Fixed-Gantry CT system under a $3.5 million contract awarded by a major North American nuclear energy client. The Company believes this milestone reinforces its expanding role in strengthening critical infrastructure through AI-driven security innovation. The Sentinel CT system leverages advanced computed tomography an
Atlanta, GA, May 29, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, today announced its scheduled participation in the 10th Annual Smart Airport Conference & Exposition, taking place July 15–17, 2025, in Atlanta, GA. The Company will showcase its latest innovations in CT screening systems, AI-based threat detection, and intelligent operational analytics, designed to support the next generation of smart, secure, and efficient airport environments. About ScanTech AI ScanTech AI Systems Inc. (NASDAQ:STAI) has developed one of the world's most advanced non-intrusive ‘fixed-ga
Atlanta, GA, May 29, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, today announced that the Company received two letters from Nasdaq Listing Qualifications of The Nasdaq Stock Market LLC ("Nasdaq"), related to non-compliance with certain listing requirements. Neither notice has an immediate effect on the listing of the Company's common stock on The Nasdaq Global Market. On May 22, 2025, the Company received a letter from Nasdaq stating that the Company is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with t
Atlanta, GA, May 21, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, today announced its scheduled participation in the 97th Annual American Association of Airport Executives (AAAE) Conference & Exposition, taking place June 8–10, 2025, in Atlanta, GA. At the event, ScanTech AI will engage with aviation leaders, security professionals, and airport stakeholders to highlight its latest advancements in CT screening technology, AI-driven threat detection, and operational efficiency platforms designed for modern airport environments. About ScanTech AI ScanTech AI Systems Inc. (N
ScanTech AI - 2025 Dealmaker of the Year! Atlanta, GA, May 19, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a leading innovator in advanced security screening technologies, announced today that Chief Executive Officer Dolan Falconer was named 2025 Dealmaker of the Year at the Smart Business Dealmakers Conference, held on May 14, 2025 at the Atlanta Athletic Club in Johns Creek, Georgia. Falconer was honored for his leadership in steering ScanTech AI through a transformative period, executing strategic transactions, driving global market expansion, and strengthening the Company's capital structure. Under his guidance, ScanTech AI ha
Atlanta, GA, May 15, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, today announced it has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2024. In addition, while continuing to prioritize debt reduction and balance sheet optimization, the Company successfully installed another advanced system this week for its strategic nuclear client in North America. The Company believes this achievement demonstrates continued execution under its multi-million-dollar contract and reinforces the Company's commitment to operational excellence, customer satisfac
Atlanta, GA, May 13, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, is proud to announce that its CEO, Dolan Falconer, will serve as a featured speaker and panelist at the upcoming 2025 Smart Business Dealmakers Conference, to be held on Wednesday, May 14, 2025 at the Atlanta Athletic Club in Johns Creek, Georgia. Falconer will join a lineup of industry leaders and institutional investors to discuss strategies for scaling innovation, executing high-impact M&A, and unlocking shareholder value in emerging growth sectors. The Company believes that the invitation to speak refle
Atlanta, GA, May 08, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a leading innovator in advanced security screening technologies, today announced the successful completion of an approximate $30 million debt/equity restructuring into approximately 15 million unregistered shares of common stock with key institutional stakeholders as detailed in the Company's recently Form 8-Ks filed with the U.S. Securities and Exchange Commission. The Company believes that this initiative represents a critical step in strengthening the Company's capital structure. The company further believes this approach underscores key stakeholders' commitment and c
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Brad Buswell, Chairman of the Board of Directors Atlanta, GA, June 09, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI), a next-generation provider of AI-powered CT screening systems for aviation, customs, and critical infrastructure, today announced the appointment of Brad Buswell as Chairman of the Board of Directors, effective June 9, 2025. Mr. Buswell has served as a member of the Board of Directors since January 2025. "On behalf of the entire ScanTech AI team, I would like to thank Karl Brenza for his steady leadership and instrumental role in navigating the Company's transformation into a publicly traded enterprise," said Dolan Falco
Buford, GA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems, Inc. ("ScanTech" or the "Company") is pleased to announce today the appointment of its new Chief Financial Officer, James White. With more than two decades of experience in private and public company financial reporting, compliance, and operational infrastructure, Mr. White has built a reputation for driving operational excellence and fostering growth. Mr. White is a seasoned, multi-state Certified Public Accountant (CPA) with a distinguished career spanning over twenty years. As a former Senior Manager in the Assurance Practice at Ernst & Young LLP, he is well-versed in SEC reporting, compliance with the Sarbanes-Oxley Ac
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