ScanTech AI Systems Inc. Stock Price, News & Analysis

ScanTech AI (Nasdaq: STAI) has secured a non-binding Letter of Intent (LOI) from Visiontec Systems for multiple SENTINEL Fixed Gantry CT inspection systems. The systems will be deployed at one of North America's largest nuclear power facilities, with an estimated value exceeding $1 million.

This follows ScanTech AI's initial $3.5 million engagement with Visiontec and represents a strategic expansion into the energy and infrastructure sectors. The company views this as a significant step toward achieving its 2025 growth objectives and strengthening its position in the nuclear energy sector.

ScanTech AI (NASDAQ:STAI), a leader in advanced security screening technologies, has filed its Q1 2025 Form 10-Q with the SEC. The filing addresses a previous non-compliance issue with Nasdaq Listing Rule 5250(c)(1) due to delayed submission of the quarterly report.

The company, based in Atlanta, GA, has expressed its commitment to maintaining transparent financial disclosures and addressing regulatory compliance requirements going forward.

ScanTech AI (Nasdaq: STAI) has received a deficiency notice from Nasdaq due to non-compliance with the minimum bid price requirement. The company's stock has traded below $1.00 per share for 30 consecutive business days from May 23, 2025 to July 8, 2025.

The company has been granted a 180-day compliance period until January 6, 2026 to meet the minimum bid price requirement. To regain compliance, STAI's closing bid price must be at least $1.00 per share for a minimum of 10 consecutive business days. If unsuccessful, the company may be eligible for an additional period by transferring to the Nasdaq Capital Market, potentially implementing a reverse stock split.

ScanTech AI Systems Inc. (NASDAQ: STAI) participated in the 97th Annual American Association of Airport Executives Conference in Atlanta, GA. The company showcased its AI-driven screening solutions, including their flagship Sentinel AI-enabled Fixed-Gantry CT system, which is currently used in major North American nuclear facilities. DeMeakey Williams Sr., VP of Sales, Business Development, and Investor Relations, emphasized the company's focus on security enhancement, efficiency optimization, and actionable intelligence generation for airport modernization. The conference provided a platform for ScanTech AI to engage with aviation industry leaders, airport operators, and policymakers.

ScanTech AI Systems (NASDAQ: STAI), a provider of AI-powered CT screening systems, has appointed Brad Buswell as Chairman of the Board of Directors effective June 9, 2025. Buswell, who has served on the board since January 2025, brings over 30 years of security industry experience, including senior roles at Leidos, Morpho Detection, and Rapiscan. He previously served as Deputy Under Secretary for Science and Technology at the U.S. Department of Homeland Security and is a 20-year U.S. Navy veteran. The appointment follows ScanTech AI's recent Nasdaq listing, with CEO Dolan Falconer expressing confidence in Buswell's ability to drive strategic growth and market expansion. Buswell succeeds Karl Brenza, who helped guide the company through its public listing process.

ScanTech AI Systems (NASDAQ: STAI) has achieved a significant milestone in its European expansion strategy by securing an allocation for completing the European Civil Aviation Conference (ECAC) certification process for its Sentinel Fixed-Gantry CT system. This advanced AI-powered explosive detection technology is designed for aviation security screening. The allocation enables ScanTech AI to proceed with additional Phase testing under ECAC's Common Evaluation Process of Security Equipment (CEP), marking a crucial step toward obtaining European approval. Once certified, the Sentinel system could be deployed across airports throughout the European Union and beyond, potentially opening up significant market opportunities for the company.

ScanTech AI Systems Inc. (NASDAQ: STAI) has successfully delivered its sixth Sentinel Fixed-Gantry CT system as part of a $3.5 million contract with a major North American nuclear energy client. The Sentinel CT system combines advanced computed tomography with integrated AI technology to provide real-time anomaly detection and threat assessment capabilities. This deployment strengthens ScanTech AI's position in the high-security nuclear market, showcasing their commitment to enhancing critical infrastructure security through AI-driven innovations. The system is specifically engineered to address the complex security requirements of high-risk environments like nuclear facilities, offering superior accuracy, automation, and operational efficiency.

ScanTech AI Systems (NASDAQ: STAI), a leader in advanced security screening technologies, announced its participation in the 10th Annual Smart Airport Conference & Exposition from July 15-17, 2025, in Atlanta, GA. The company will showcase its latest innovations including CT screening systems, AI-based threat detection, and intelligent operational analytics solutions aimed at enhancing smart airport infrastructure and security.

ScanTech AI Systems (NASDAQ: STAI) has received two deficiency letters from Nasdaq regarding listing requirements non-compliance. The first letter, received on May 22, 2025, cites failure to file the Q1 2025 Form 10-Q on time. The company has 60 days to submit a compliance plan and could receive up to 180 days (until November 17, 2025) to file the report if Nasdaq accepts the plan. The second letter, dated May 27, 2025, addresses non-compliance with the minimum market value requirement of $50 million. STAI has until November 24, 2025, to regain compliance by maintaining a $50 million market value for at least 10 consecutive business days. Alternatively, the company may transfer its listing to the Nasdaq Capital Market if it meets that exchange's requirements.