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Hello Everyone,

We are back with another fresh profile for Wednesday’s session.

Last week was incredible for our members as we profiled 2 enormous winners that went on to run double digits after we sent the company out to our members.

This next one just recently completed a successful SPAC at the beginning of 2025 and have released some pretty big news announcements since going pubic on the Nasdaq.

Just today (Tuesday), the company announced some MASSIVE news that sent this one soaring up over 100% and may have just put this one on the map.

ScanTech AI Systems Inc. (NASDAQ: STAI) has developed one of the world’s most advanced non-intrusive ‘fixed-gantry’ CT screening technologies. Utilizing proprietary artificial intelligence and machine learning capabilities, ScanTech AI ’s state-of-the-art scanners accurately and quickly detect hazardous materials and contraband. Engineered to automatically locate, discriminate, and identify threat materials and items of interest, ScanTech AI’s solutions are designed for use in airports, seaports, borders, embassies, corporate headquarters, government and commercial buildings, factories, processing plants, and other facilities where security is a priority.

The next generation Computed Tomography (CT) security solutions are designed for use at airport and commercial security lanes, border and public event checkpoints, and cargo and parcel screening centers.  ScanTech AI’s scanners are already protecting two of Canada’s largest nuclear power plants, and following its listing on NASDAQ, the company is well-positioned to pursue significant growth opportunities across multiple sectors, leveraging its competitive edge afforded by patented and proprietary screening technology.  ScanTech AI scanners look very much like existing checkpoint and parcel scanners and offer advanced CT detection and material discrimination without the moving parts, maintenance issues, or high costs of traditional CT scanners.  Lower acquisition and maintenance costs, the prospect of significantly speeding up checkpoints and screening centers, AI-driven machine learning, and the ability to leave liquids, electronics, and other items inside bags and containers are all central selling points for ScanTech AI screening systems.

Its scanners have been deployed and successfully tested by the TSA at the Philadelphia and San Diego International Airports, and are compliant with “both U.S. Transportation Security Administration (TSA) and European Civil Aviation Conference (ECAC) requirements for carry-on baggage inspection systems.”

Its SENTINEL® CT system is certified by Underwriter’s Laboratory for Safety and Electromagnetic Compliance and meets TSA’s Tier-2 Explosive Detection Standard.

SENTINEL® CT CHECK POINT BAGGAGE INSPECTION SYSTEM

SENTINEL® CT can identify obvious threats such as guns and knives, but also subtle materials such as TNT, C-4, fentanyl, cocaine, and heroin.

SENTINEL® CT checkpoint baggage inspection system is a 4th generation platform that utilizes an exclusive automatic material discrimination process to create multiple material discrimination ‘signatures’ to identify substances and articles of interest.   ScanTech employs a multi-axes biopsy approach to analyze items utilizing its proprietary CT based 3D Ray-Trace Biopsy suite of algorithms. Scanned baggage and articles are first segmented into numerous ‘areas of interest’ followed by projecting granular volumetric biopsies from multiple and unique planar axes to determine if a known threat signature is present. If a 3D biopsy determines the examined area is a potential threat, additional biopsies are created to validate the threat signatures and create a visible colored boundary and alarm denoting the threat type and location. Threatening & non-threatening items and materials are clearly identified, color-coded, and annunciated on an Ultra-High Definition monitor. In addition, the system operator can manipulate and enhance the scanned images to pinpoint the location of any threat or contraband item for security support personnel intervention.

ScanTech AI Announces Initiative to Combat Contraband in Correctional Facilities Across the Americas

ScanTech AI is leading the charge in combating contraband in correctional facilities with cutting-edge artificial intelligence merged with advanced CT scanning technology

Atlanta, GA, Feb. 18, 2025 (GLOBE NEWSWIRE) — ScanTech AI Systems Inc.(NASDAQ: STAI) (“ScanTech AI”) is tackling contraband in correctional facilities.  Today, ScanTech AI announced that it has reached an agreement with the Virginia Department of Corrections (“VADOC”) to deploy its innovative Fixed-Gantry Sentinel Computed Tomography (CT) scanner.  This project is part of ScanTech AI’s initiative to address the pervasive issue of contraband in correctional facilities throughout the Americas. More details on VADOC’s official announcement can be found here: https://vadoc.virginia.gov/news-press-releases/.

Contraband, including illicit drugs, weapons, and unauthorized communication devices, poses significant challenges to the safety and security of correctional institutions. An October 2024 study by the Urban Institute found that maximum-security prisons, male detainee facilities, and larger institutions experience higher rates of contraband recoveries, underscoring the need for advanced detection solutions.

The ongoing challenge of contraband entering correctional facilities, particularly through mailrooms, has fueled a growing demand for advanced detection and security systems. With over 6,000 correctional facilities—including state, federal, county, city, and juvenile detention centers—across the U.S., this sector of the checkpoint scanning market is estimated to have an approximate value approaching $1.5 billion. This estimate is derived from data provided by the Bureau of Justice Statistics on correctional facilities nationwide, combined with industry projections for security screening solutions in correctional settings. The Virginia Department of Correctionsand its neighboring state agencies account for approximately 5%—or approximately 300—of these facilities. By leveraging its cutting-edge contraband detection technology, ScanTech AI Systems aims to enhance security operations and create safer correctional environments nationwide.

“The success of this program with VADOC will demonstrate the effectiveness of our technology in addressing the needs of this underserved sector of the checkpoint scanning market,” said Dolan Falconer, the Chief Executive Officer of ScanTech AI. “We are committed to partnering with correctional facilities across the Americas to implement solutions that enhance safety and security.”

By expanding the deployment of its Sentinel CT scanner, ScanTech AI aims to support correctional institutions in safeguarding their facilities and the individuals within them, addressing a significant challenge faced by departments of correction throughout the United States and beyond.

ScanTech AI Systems, Inc. Deploys Its Advanced AI-Driven Security Screening Technology to Protect Multiple Nuclear Power Plants Operated by Ontario Power Generation

Buford, GA, Jan. 30, 2025 (GLOBE NEWSWIRE) — ScanTech AI Systems, Inc.(NASDAQ: STAI, ScanTech, or ScanTech AI), a security solutions provider offering one of the world’s most advanced non-intrusive “fixed-gantry” CT screening technologies,  proudly announced today the successful deployment and operational launch of its cutting-edge ‘fixed-gantry’ computed tomography (CT) security scanners at multiple nuclear power facilities across Canada. Ontario Power Generation (OPG) has chosen ScanTech’s next-generation scanning technology to enhance security and replace legacy X-ray screening systems, marking a major advancement in personnel screening efficiency, accuracy, and safety at critical infrastructure checkpoints.

An innovator of next-generation AI-Driven ‘fixed-gantry’ computed tomography (CT) checkpoint security technology, ScanTech utilizes proprietary artificial intelligence (AI) and machine learning algorithms to accurately and quickly detect hazardous and contraband materials.  Pursuant to the multimillion-dollar contract with OPG, Visiontec Systems, ScanTech’s Canadian distribution partner, is delivering and installing the scanners.

“Visiontec Systems is proud to support OPG with cutting-edge security solutions. As ScanTech’s strategic distributor in Canada, we are excited to bring AI-driven screening technology that enhances threat detection and operational efficiency at these critical facilities.” stated Dave Corrigan, President of Visiontec Systems.

“The successful deployment of our advanced CT scanning technology at nuclear power facilities is a testament to our ability to drive innovation beyond aviation security. As critical infrastructure operators seek more sophisticated threat detection solutions, ScanTech AI is uniquely positioned to deliver high-precision, non-invasive screening that enhances security without disrupting operations.” stated Rocky Starns, COO/CTO of ScanTech.

NEWS


ScanTech AI Announces Initiative to Combat Contraband in Correctional Facilities Across the Americas

36 minutes ago

ScanTech AI Management Confirms Solid Balance Sheet

Feb 11, 2025

ScanTech AI Addresses Recent Market Volatility

Feb 10, 2025

ScanTech AI Systems, Inc. Commends Canadian Government for Border Compliance Efforts

Feb 3, 2025

ScanTech AI Systems, Inc. Deploys Its Advanced AI-Driven Security Screening Technology to Protect Multiple Nuclear Power Plants Operated by Ontario Power Generation

Jan 30, 2025

ScanTech AI Systems, Inc. Strengthens Core Team with Appointment of New CFO

Jan 21, 2025

ScanTech AI Systems Inc. Charts Growth Path Following Successful de-SPAC Transaction

Jan 8, 2025

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