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

Atlanta, GA, April 23, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) (the "Company" or "ScanTech AI"), a leading publicly-traded innovator of next-generation checkpoint security scanning products and technology, today announced that the Company received a letter from Nasdaq, dated April 17, 2025, 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 the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2024 (the "Annual Report"). The Notice has no immediate effect on the listing of the Company's common stock on The Nasdaq Global

Atlanta, GA, April 23, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI),  a global innovator in non-intrusive, fixed-gantry CT (Computed Tomography) screening technologies, announced that the development of its groundbreaking CustomsTrace AI™ platform has been endorsed by former U.S. Customs and Border Protection Commissioner Ralph Basham as critical to both national and economic security. Basham, who also previously served as Director of the U.S. Secret Service, stated, "As the former Commissioner of U.S. Customs and Border Protection, I can attest that this technology could be a vital tool in safeguarding our nation from a wide range of th

Atlanta, GA, April 16, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (NASDAQ:STAI),  a global innovator in non-intrusive, fixed-gantry CT (Computed Tomography) screening technologies, today announced the initial development of its CustomsTrace AI™ platform, a groundbreaking initiative aimed at addressing what is anticipated to be one of the most pressing challenges in today's global trade environment, accurate identification and verification of tariff-sensitive goods at national borders including the prevention of unauthorized or illicit importation of restricted items. As tariff regulations and international trade policies continue to shift, governm

Atlanta, GA, April 14, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc.(NASDAQ:STAI) ("ScanTech AI" or the "Company"), a pioneer in non-intrusive, fixed-gantry CT screening technologies, today states that it believes, that its core business operations remain unaffected by the latest import tariff policies instituted by the United States, citing a resilient supply chain and diversified sourcing model as key advantages in navigating global trade disruptions. "We designed our operational model to absorb shocks like these," said Dolan Falconer, Chief Executive Officer of ScanTech AI. "Tariff shifts may disrupt some industries, but we do not believe that they will substantially impact our cor

Atlanta, GA, April 09, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) ("ScanTech AI"), a leading provider of advanced AI-capable fixed-gantry CT screening systems, is currently exhibiting at Passenger Terminal Expo 2025 (PTE 2025) in Madrid, and is energized by the strong global interest and high-level engagement the event has generated. With meaningful conversations underway and momentum building across the international aviation community, ScanTech AI's presence at this year's expo is already proving to be a success. Passenger Terminal Expo is renowned for attracting leaders and executives from the global airport and aviation sectors, alongside a diverse mix of the worl

Atlanta, GA, April 04, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) ("ScanTech AI") is proud to announce its participation and exhibition at the Passenger Terminal Expo 2025, taking place April 8, 9, and 10, 2025, at IFEMA, Madrid, Spain. Join ScanTech AI at Booth 9226 in Hall 9 to see the latest innovations in aviation security and passenger experience optimization. As a cutting-edge CT and X-ray scanning technology provider, ScanTech AI continues to impact the aviation industry by delivering high-performance AI methodology systems that enhance safety, streamline operations, and improve throughput across passenger and baggage screening environments. Passenger Terminal

ATLANTA, April 02, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) ("ScanTech AI") a leader in AI-driven security screening solutions, and ZKTeco, a global trailblazer in biometric security and identity verification technology, are pleased to announce a Teaming Agreement aimed at delivering an integrated, multi-layer security solution to address evolving security challenges in non-government critical infrastructure markets worldwide. The companies' goal is to enable both organizations to expand their market reach, drive sales revenue, and enhance technical innovation by combining ScanTech AI's cutting-edge detection solutions with ZKTeco's advanced biometric and iden

Atlanta, GA, March 31, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) and Creeksource Consulting LLC, a Native American 8(a) firm affiliated with the Muscogee (Creek) Nation, have joined forces to accelerate the deployment of advanced AI-powered security technology across U.S. government agencies. The partnership strategically positions ScanTech AI to pursue Department of Defense (DoD) contracts through Creeksource's federal contracting program.    Native American tribal organizations can secure federal contracting revenue from projects implemented across the United States. Creeksource, as a tribal entity, holds a distinct strategic advantage in this federal contracting a

Atlanta, GA, March 17, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) ("ScanTech AI"), a leader in AI-driven ‘Fixed-Gantry' Computed Tomography (CT) security screening solutions, participated in the Transportation Security Administration's (TSA) Industry Day for the Electronic Baggage Screening Program (EBSP) on March 5, 2025. During the event, ScanTech AI engaged with TSA officials, industry experts, and key stakeholders to discuss the latest advancements in baggage screening technology. TSA also provided key updates on Planning Guidelines and Design Standards, Funding Policy, and the deliverables and requirements for Electronic Baggage Screening Program participants. Th

Atlanta, GA, Feb. 27, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ:STAI) (the "Company" or "ScanTech AI"), a leading publicly-traded innovator of next-generation AI-enhanced checkpoint security scanning products is exploring opportunities within the Stargate AI Initiative, which was introduced by President Donald J. Trump on January 21, 2025.  Stargate, a major public-private partnership between the federal government and industry equity partners, SoftBank, OpenAI, Oracle, and MGX, seeks to establish advanced data centers and to proliferate quantum computing infrastructure across the U.S.  With an initial investment of $100 billion and plans to scale up to $500 billion over fo

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