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Mars Acquisition Corp. Ordinary Shares - $MARX STOCK NEWS

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Rhea-AI Summary
ScanTech, a leader in CT screening systems, participated in the Passenger Terminal Expo 2024 in Frankfurt, showcasing its Sentinel 'Fixed-Gantry' CT scanner. The company expects to deliver units to a major utility company soon. The merger with Mars Acquisition Corp is progressing as planned, with a target closing in the second quarter of 2024.
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Visiontec Systems (Ticker: VTS) and ScanTech Identification Beam Systems, LLC have entered into a definitive contract for Visiontec to provide ScanTech's SENTINEL CT Checkpoint Baggage Scanning System to one of the largest power producers in North America. The multimillion-dollar contract includes delivery, integration, installation, training, and long-term technical support. ScanTech's advanced CT screening systems, utilizing AI and machine learning, will enhance security screening for critical nuclear power infrastructure in Canada.
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Mars Acquisition Corp. (Nasdaq: MARX) submits a draft registration statement to the SEC for its proposed business combination with ScanTech Identification Beam Systems, LLC, an innovator of 'fixed-gantry' CT screening systems. The Registration Statement aims to facilitate the business combination process and outlines the key details of the proposed merger, positioning Mars as a player in the next-generation CT screening systems market.
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ScanTech and Mars Acquisition Corp. have entered into a definitive business combination agreement, resulting in ScanTech becoming a publicly listed company. ScanTech is an innovator of security screening systems, utilizing AI and machine learning capabilities. The combined company is expected to have an estimated post-transaction enterprise value of $149.5 million.
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Mars Acquisition Corp. Ordinary Shares

Nasdaq:MARX

MARX Rankings

MARX Stock Data

47.96M
6.11M
21.78%
65.46%
0.14%
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