ScanTech AI's New Platform is Being Designed to Address Critical Vulnerabilities in National Security InfrastructureAtlanta, 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 crit ...

Core Insights - LVT has integrated its security solutions with Axon Fusus, enhancing situational awareness for security operators and law enforcement, which allows for a more timely response to security incidents [1][3] Company Overview - LVT (LiveView Technologies, Inc.) is a leader in life safety and security, specializing in mobile, solar-powered, and cellular/satellite-connected surveillance solutions and software [2] - The company is headquartered in American Fork, Utah, and its enterprise software-as-a-service (SaaS) solution is utilized across various sectors including retail, critical infrastructure, utilities, and law enforcement [2] Integration Benefits - The integration with Axon Fusus is live and requires no additional hardware, providing significant benefits such as expedited emergency response times and enhanced communication for first responders [2][3] - First responders can access LVT Unit cameras through Axon Fusus, enabling live video streaming, camera control, and improved situational awareness [3] Industry Impact - The integration is seen as a critical advancement for real-time intelligence sharing between law enforcement and retail, enhancing the ability to respond to threats effectively [3] - Connected public-private collaborations are emphasized as essential for community safety, especially as safety threats become more sophisticated [3]

Core Insights - Cloudastructure, Inc. has secured an additional $3 million investment from an existing institutional investor through Series 2 Convertible Preferred Stock to support its expansion and advancement of AI-powered security solutions [1][3] - The Series 2 Convertible Preferred Stock was issued at a price of $1,000 per share, carrying a 9.5% annual preferred return and is convertible into Class A common stock under specified terms [2] - This investment follows a successful $4.5 million raise last month, reinforcing the momentum generated after the company's direct listing on the Nasdaq Capital Market [3] Company Overview - Cloudastructure is a leading provider of cloud video surveillance solutions, utilizing AI and machine learning analytics for real-time monitoring and incident response [4][6] - The company's security solutions are applicable across various sectors, including commercial real estate, education, healthcare, and government, significantly improving security outcomes while reducing total cost of ownership [4][6] - Cloudastructure's platform offers a cost-effective model that eliminates proprietary hardware, provides contract-free month-to-month pricing, and includes unlimited 24/7 support, achieving up to a 75% lower Total Cost of Ownership compared to other systems [6]

Core Insights - Cloudastructure, Inc. has partnered with a leading real estate investment firm to enhance AI-driven security across multifamily communities, expanding their existing relationship and deploying advanced surveillance solutions [1][4] - The firm manages thousands of residential units and aims to improve asset protection and resident experience following security incidents, seeking a scalable solution that deters crime and enhances operational efficiency [2][3] - Cloudastructure's technology boasts a crime deterrence rate exceeding 97%, providing a cost-effective alternative to traditional security models while reducing liability risks [2][5] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform featuring AI/ML analytics and remote guarding solutions, enabling proactive security and significant cost savings [5] - The platform allows enterprise businesses to achieve real-time situational awareness and stop crime as it occurs, with a Total Cost of Ownership up to 75% lower than other systems [5] Market Impact - A survey by the National Apartment Association indicates that while only 13% of multifamily residents live in monitored communities, 70% believe these systems actively prevent crime, and they are 17% more likely to recommend such communities [3] - The partnership reflects a strategic investment in next-generation security solutions, transforming security from a cost center into a value driver for property owners and investors [3][4]

Core Insights - Gorilla Technology Group Inc. is focused on building smart cities and enhancing security through AI-powered solutions, emphasizing a consultative approach to meet customer needs [2][3]. Company Overview - Gorilla Technology Group Inc. is headquartered in London, UK, and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [5]. - The company offers a range of solutions across various sectors, including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [5]. Technology and Solutions - The company specializes in urban operations, security enhancement, and resilience through AI-driven technologies such as intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity [6]. - By integrating these technologies, Gorilla aims to empower Smart Cities, improving efficiency, safety, and overall quality of life for residents [6].