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ScanTech AI Announces Development of Next-Generation Enhancements for the SENTINEL® CT System
Globenewswire· 2025-08-13 19:05
Core Viewpoint - ScanTech AI Systems Inc. is set to launch a significant AI-powered software upgrade for its SENTINEL CT Computed Tomography system, enhancing checkpoint operations and establishing a new standard in security technology [1][2][3]. Company Overview - ScanTech AI Systems Inc. specializes in advanced non-intrusive 'fixed-gantry' CT screening technologies, utilizing proprietary AI and machine learning to detect hazardous materials and contraband [4]. Product Development - The upcoming AI upgrade is described as a transformative enhancement rather than a routine update, aimed at unlocking the full potential of the SENTINEL CT platform [3]. - The upgrade promises to deliver real-time insights, improved operator experience, and increased throughput, positioning SENTINEL as a leading CT screening solution [2][3]. Strategic Importance - The company believes that the new software will significantly improve customer experience by optimizing security checkpoints and operational efficiency, thereby setting a new benchmark for security technology [3].
ScanTech AI Announces DeMeakey Williams, Sr. as Senior Vice President of Sales, Business Development, and Investor Relations
Globenewswire· 2025-08-05 20:05
Core Insights - ScanTech AI Systems Inc. has appointed DeMeakey Williams, Sr. as Senior Vice President of Sales, Business Development, and Investor Relations, effective April 2025, to enhance growth and visibility in the market [2][3][4] - Williams brings over 20 years of experience in revenue scaling and securing government contracts, having previously held senior roles at Pangiam and Smiths Detection, where he secured over $500 million in contracts [3][4] - The company aims to leverage Williams' expertise to drive growth strategies and enhance shareholder value, particularly in the context of increasing demand for AI-powered security solutions [5][6] Company Overview - ScanTech AI specializes in AI-powered CT screening systems designed for aviation, customs, and critical infrastructure, utilizing advanced technology to detect hazardous materials and contraband [6] - The company's solutions are applicable in various high-security environments, including airports, seaports, and government buildings, emphasizing the importance of security in these sectors [6] Market Context - The appointment of Williams comes at a time of rising demand for U.S.-developed AI security solutions, indicating a favorable market environment for ScanTech AI's offerings [3][5] - The company is positioned to capitalize on potential opportunities in nuclear power sectors across the U.S., Canada, and Europe, which may further enhance its market presence [5]
ScanTech AI Unlocks Potential $100M Market Opportunity Through TIPS Procurement Contract with Creeksource Consulting
Globenewswire· 2025-07-29 13:21
Core Insights - ScanTech AI Systems Inc. has entered into a contract with Creeksource Consulting LLC to offer its advanced security screening technologies through The Interlocal Purchasing System (TIPS) cooperative, enhancing access for public sector agencies nationwide [1][2][3] Group 1: Company Overview - ScanTech AI is a leader in advanced security screening technologies, specializing in non-intrusive 'fixed-gantry' CT screening technologies that utilize proprietary AI and machine learning to detect hazardous materials and contraband [4] - The company's solutions are designed for various high-security environments, including airports, seaports, borders, and government facilities [4] Group 2: Market Opportunity - The TIPS contract collaboration opens access to an estimated $100 million addressable market for ScanTech AI, allowing eligible government entities, educational institutions, municipalities, and nonprofits to purchase its solutions [3] - The partnership aims to streamline procurement processes, reduce administrative burdens, and ensure compliance with public sector procurement standards [2][3] Group 3: Strategic Goals - The CEO of ScanTech AI emphasized that the partnership with Creeksource Consulting is intended to expand market access and facilitate quicker deployment of their solutions across government-operated facilities [3]
ScanTech AI Secures Letter of Intent from Visiontec Systems for Multiple SENTINEL™ Systems
Globenewswire· 2025-07-28 20:05
Core Insights - ScanTech AI has entered into a non-binding Letter of Intent (LOI) with Visiontec Systems Ltd. for the purchase of additional SENTINEL Fixed Gantry CT inspection systems, aimed at deployment in a major nuclear power facility, indicating strong demand for its technology and potential revenue growth by 2025 [1][2][3] Company Overview - ScanTech AI Systems Inc. specializes in advanced non-intrusive 'fixed-gantry' CT screening technologies, utilizing proprietary AI and machine learning to detect hazardous materials and contraband efficiently [4] Strategic Expansion - The LOI signifies a strategic expansion into the energy and infrastructure sectors, building on an initial engagement valued at $3.5 million with Visiontec, with estimated deployment value exceeding $1 million based on historical purchasing trends [2][3] Market Adoption - The commitment from Visiontec is seen as a reflection of the accelerating market adoption of ScanTech AI's SENTINEL platform, which enhances safety, regulatory compliance, and operational continuity at critical nuclear sites [3]
ScanTech AI Files Its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission (SEC)
Globenewswire· 2025-07-28 13:25
Core Insights - ScanTech AI Systems Inc. has reaffirmed its commitment to financial transparency and execution discipline following the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, with the SEC [1][2] Company Overview - ScanTech AI is a leading innovator in advanced security screening technologies, having developed one of the world's most advanced non-intrusive 'fixed-gantry' CT screening technologies [3] - The company's scanners utilize proprietary artificial intelligence and machine learning capabilities to accurately and quickly detect hazardous materials and contraband [3] - ScanTech AI's solutions are designed for various high-security environments, including airports, seaports, borders, embassies, and government buildings [3]
Liberty Defense is Pleased to Announce that it has Received a Multi Unit HEXWAVE Order to Screen Aviation Workers for a growing US International Airport
Globenewswire· 2025-06-17 12:01
Core Insights - Liberty Defense Holdings Ltd. has been selected by another US International Airport to implement its HEXWAVE system for screening aviation workers as part of the TSA's new mandate on employee screening [1][5] - The TSA mandate requires all major U.S. airports to adopt physical screening procedures for employees by April 2026, ensuring 100% screening compliance [2] - HEXWAVE utilizes advanced technology, including millimeter wave and AI, to detect a wide range of concealed threats, enhancing airport security [4][5] Company Overview - Liberty Defense is a technology provider specializing in AI-based detection solutions for concealed weapons and threats, particularly in high-traffic areas like airports [1][6] - The HEXWAVE system is designed for rapid, automated screening and can detect various prohibited items, including explosives and 3D printed weapons [4][6] - The company has secured exclusive licenses for its technology from the Massachusetts Institute of Technology (MIT), enhancing its capabilities in the security screening market [6]
ScanTech AI Attends 97th Annual AAAE Conference
Globenewswire· 2025-06-16 13:20
Core Insights - ScanTech AI Systems Inc. showcased its advanced security screening technologies at the 97th Annual American Association of Airport Executives (AAAE) Conference, reinforcing its leadership in aviation security solutions [1][2] - The company highlighted its AI-enabled Fixed-Gantry CT solution, Sentinel, which is currently utilized in high-security environments, including major North American nuclear facilities [2] Company Overview - ScanTech AI has developed one of the world's most advanced non-intrusive 'fixed-gantry' CT screening technologies, utilizing proprietary artificial intelligence and machine learning to detect hazardous materials and contraband [3] - The company's solutions are designed for various high-security applications, including airports, seaports, borders, and government buildings, focusing on the automatic identification of threats [3]
ScanTech AI Systems Appoints Security Industry Veteran Brad Buswell as Chairman of the Board
Globenewswire· 2025-06-09 13:27
Core Insights - ScanTech AI Systems Inc. has appointed Brad Buswell as Chairman of the Board of Directors effective June 9, 2025, succeeding Karl Brenza [1][2] - The company specializes in AI-powered CT screening systems for aviation, customs, and critical infrastructure, aiming to enhance security measures [3] Company Overview - ScanTech AI has developed advanced non-intrusive 'fixed-gantry' CT screening technologies that utilize proprietary AI and machine learning to detect hazardous materials and contraband [3] - The company's solutions are designed for various high-security environments, including airports, seaports, borders, and government buildings [3] Leadership Background - Brad Buswell brings over 30 years of experience in national security and advanced detection technologies, having held significant roles in both public and private sectors [2] - His previous positions include Senior Vice President at Leidos and Deputy Under Secretary for Science and Technology at the U.S. Department of Homeland Security [2]
ScanTech AI Secures ECAC Allocation to Complete European Certification for Advanced AI-Powered Explosive Detection in Aviation
Globenewswire· 2025-06-04 13:17
Core Insights - ScanTech AI Systems Inc. has secured a formal allocation to complete the European Civil Aviation Conference (ECAC) certification process for its advanced Sentinel Fixed-Gantry CT system, aimed at high-accuracy explosive detection in aviation environments [1][2] - This allocation allows the company to undergo additional Phase testing under ECAC's Common Evaluation Process of Security Equipment (CEP), which is essential for achieving European approval for deployment at airports across the European Union and beyond [2] Company Overview - ScanTech AI Systems Inc. is recognized for developing one of the world's most advanced non-intrusive 'fixed-gantry' CT screening technologies, utilizing proprietary artificial intelligence and machine learning capabilities [3] - The company's scanners are designed to accurately and quickly detect hazardous materials and contraband, automatically locating, discriminating, and identifying threat materials and items of interest [3] - ScanTech AI's solutions are applicable in various high-security environments, including airports, seaports, borders, embassies, corporate headquarters, government and commercial buildings, factories, and processing plants [3]
ScanTech AI Delivers 6th Sentinel CT Under $3.5M Deal, Fueling Growth in High-Security Nuclear Market
Globenewswire· 2025-06-02 13:27
Core Insights - ScanTech AI Systems Inc. has successfully delivered its sixth Sentinel Fixed-Gantry CT system under a $3.5 million contract with a major North American nuclear energy client, highlighting its role in enhancing critical infrastructure through AI-driven security solutions [1][8]. Company Overview - ScanTech AI is recognized for developing advanced non-intrusive 'fixed-gantry' CT screening technologies that utilize proprietary artificial intelligence and machine learning to detect hazardous materials and contraband [3]. - The company's Sentinel CT system is designed for high-risk environments, providing real-time anomaly detection and threat assessment with high accuracy, automation, and operational efficiency [2][3]. Industry Context - The deployment of AI-powered security screening technologies is increasingly vital for safeguarding critical infrastructure, particularly in sectors such as nuclear energy, where security demands are complex and stringent [1][2].