ScanTech AI Systems Inc. Stock Price, News & Analysis

ScanTech AI Systems (Nasdaq: STAI) announced that its Audit Committee has appointed Berkowitz Pollack Brant Advisors + CPAs as the company’s independent registered public accounting firm for the fiscal year ending Dec 31, 2025 and certain interim periods.

The engagement will include an audit of ScanTech AI’s 2025 financial statements and is positioned to strengthen financial reporting, internal controls, and the company’s Nasdaq re-compliance plan. The appointment precedes a purchase agreement with ARC Group International under which ARC committed up to $50 million of capital via an Equity Line of Credit (ELOC) once the ELOC shares are registered with the SEC. ScanTech AI expects to file a registration statement to register resale of securities issuable under the ELOC.

ScanTech AI Systems (Nasdaq: STAI) announced a Purchase Agreement with ARC Group establishing an equity line of credit (ELOC) of up to $50 million and an initial $500,000 PIPE investment on October 10, 2025. The ELOC, subject to SEC registration of shares, is intended to provide flexible, long-term capital to fund R&D, commercialization of the SENTINEL™ AI threat detection platform, and efforts to regain Nasdaq compliance.

The company said drawdowns are at its discretion. Funds will also support deployments in aviation and critical infrastructure and target international certification milestones in 2026.

ScanTech AI Systems (Nasdaq: STAI), a developer of AI-powered CT scanning systems, has filed its Q2 2025 Form 10-Q, marking a crucial step toward regaining Nasdaq compliance. The company recently engaged FSR Capital to address listing requirements and strengthen its market presence.

Key achievements include a significant balance sheet restructuring that converted substantial debt to equity, resulting in a 77% reduction in interest expense for H1 2025. The company's SENTINEL™ CT scanner remains on track for ECAC certification, expected in Q2 2026.

ScanTech AI (NASDAQ:STAI), a provider of AI-powered CT screening systems, has engaged FSR Capital as a consultant to address regulatory challenges and enhance its capital markets strategy. The partnership aims to resolve Nasdaq compliance issues, including bid price deficiencies and filing delays.

FSR Capital, known for its expertise in De-SPAC turnarounds and regulatory compliance, will provide specialized advisory services in capital markets, Nasdaq compliance, and SEC reporting. The engagement demonstrates ScanTech AI's proactive approach to achieving regulatory stability and improving shareholder value.

ScanTech AI (NASDAQ:STAI), a security screening technology company, has received a deficiency letter from Nasdaq due to failing to file its Q2 2025 Form 10-Q on time. The company is not currently in compliance with Nasdaq Listing Rule 5250(c)(1).

While this notice doesn't immediately affect STAI's listing status, the company has 60 calendar days to submit a compliance plan. If Nasdaq accepts the plan, ScanTech could receive up to 180 days (until February 16, 2025) to regain compliance. If rejected, the company can appeal to a Nasdaq Hearings Panel.

ScanTech AI (Nasdaq: STAI), a provider of AI-powered CT screening systems, has announced a strategic collaboration with Curie Technologies to enhance its service capabilities. The partnership will integrate Curie's cloud-based SaaS platform into ScanTech's SENTINEL™ CT offering.

The Curie™ platform will provide customers with real-time digital access to asset details, product documentation, troubleshooting guidance, and regulatory compliance information. This integration aims to deliver digital, proactive, and data-driven service experiences to SENTINEL users in regulated industries like nuclear energy and aviation.

ScanTech AI (Nasdaq: STAI) announced the development of next-generation AI software upgrades for its SENTINEL CT screening system. The enhancement aims to revolutionize checkpoint operations by incorporating advanced AI-powered intelligence, improved performance, and an intuitive interface.

According to Dr. Alfred Forbes, Chief Science Officer, this upgrade will unlock SENTINEL's full potential, going beyond typical bug fixes to deliver previously unavailable capabilities. The company expects the enhancements to optimize security checkpoints and operational efficiency through advanced intelligence, automation, and adaptability.

ScanTech AI Systems (Nasdaq: STAI), a provider of AI-powered CT screening systems, announced its participation in the 66th Annual Institute of Nuclear Materials Management (INMM) Conference from August 24-28, 2025 in Washington, D.C.

The INMM conference serves as a key gathering for professionals in nuclear materials management, security, and regulatory sectors. The company's participation demonstrates its commitment to advancing nuclear security and critical infrastructure protection through AI-powered solutions.

ScanTech AI (NASDAQ:STAI), a provider of AI-powered CT screening systems, has appointed DeMeakey Williams, Sr. as Senior Vice President of Sales, Business Development, and Investor Relations. Williams, who joined in April 2025, brings over 20 years of experience in scaling revenue and securing government contracts.

Prior to ScanTech AI, Williams held executive positions at Pangiam and Smiths Detection, where he secured over $500 million in contracts. He also founded Crane Consulting and Technology Solutions. The appointment aims to accelerate growth and expand ScanTech AI's presence in nuclear power markets across the U.S., Canada, and Europe.