Welcome to our dedicated page for ScanTech AI Systems news (Ticker: STAI), a resource for investors and traders seeking the latest updates and insights on ScanTech AI Systems stock.
ScanTech AI Systems Inc. (STAI) delivers cutting-edge security screening technology through its AI-powered fixed-gantry CT scanners. This page provides a comprehensive collection of official news and developments directly impacting the company's position in the security solutions market.
Access verified updates including product launch announcements, government contract awards, financial results, and strategic initiatives. Investors and industry professionals will find timely information on technological advancements in contraband detection, airport security implementations, and partnerships with critical infrastructure operators.
All content is curated to support informed decision-making with coverage spanning regulatory milestones, system deployment case studies, and R&D breakthroughs in machine learning applications. Bookmark this page for structured access to STAI's evolving role in transforming global security protocols through non-intrusive screening solutions.
ScanTech AI Systems (Nasdaq: STAI) appointed Michael D.P. Cavanaugh to its Board of Directors effective Dec 10, 2025, naming him an independent director and assigning him to the Audit and Compensation Committees.
Mr. Cavanaugh brings 20+ years of leadership across automation, security imaging, and AI-enabled platforms, and the company said his experience will support global commercialization and scaling of its SENTINEL® CT product. The announcement also notes recent company momentum: nuclear-sector delivery milestones, a partnership with unival group for Europe/UAE/Africa deployment, appointment of new independent auditor Berkowitz Pollack Brant Advisors + CPAs, and progress on Nasdaq re-compliance.
ScanTech AI Systems (Nasdaq: STAI) said a Nasdaq Hearings Panel review is scheduled for January 22, 2026 to appeal a prior Nasdaq Listing Qualification Staff delisting determination. The Company obtained an automatic stay allowing trading to continue through December 17, 2025 and has applied to extend the stay until the Panel’s final decision.
ScanTech AI said it filed amended Forms 10-Q/A for March 31, 2025 and June 30, 2025 and expects to file the September 30, 2025 Form 10-Q within the 15-day stay unless the Panel grants an extension. Management plans to present a comprehensive compliance plan but warned there is no assurance of a successful hearing or continued compliance.
ScanTech AI Systems (Nasdaq: STAI) announced receipt of a Nasdaq staff delisting determination dated November 26, 2025, citing failure to meet the $50.0M MVLS requirement and delinquent periodic reports.
The company requested a hearing by December 3, 2025, paid the fee, filed amended 10-Q/A reports for March and June 2025, is preparing the September 30, 2025 10-Q, and applied on November 6, 2025 to transfer to the Nasdaq Capital Market (MVLS $35.0M). Trading suspension could occur at market open on December 5, 2025 absent relief.
ScanTech AI Systems (Nasdaq: STAI) filed a restated Q1 2025 and reviewed Q2 2025 financial statements with the SEC under its new auditor, Berkowitz Pollack Brant Advisors + CPAs (BPB).
The restatement follows a prior determination of non-reliance on earlier interim financials and reflects adjustments identified during the auditor transition. The reviewed Q2 2025 filing gives an independently evaluated view of the company’s position at that time.
ScanTech AI said it is working to finalize and file Q3 2025 financials with the aim of restoring Nasdaq compliance by early December 2025, and cited this step as a milestone in its governance, audit, and disclosure alignment.
ScanTech AI Systems (Nasdaq: STAI) and unival group announced a strategic partnership on November 25, 2025 to expand deployment of ScanTech AI’s SENTINEL® CT security platform across Europe, the Middle East, and Africa (EMEA).
The alliance names unival group as ScanTech AI’s official systems integrator for EMEA projects and targets turnkey security ecosystems for airports, border control, correctional facilities, nuclear installations, and other critical infrastructure. The companies emphasized combined strengths in multi-angle CT imaging, AI-based automatic threat detection, real-time analytics, systems integration, deployment, and lifecycle support.
The partnership follows ScanTech AI’s participation at WNE 2025, where the company engaged nuclear stakeholders, and is presented as supporting accelerated commercial expansion in nuclear and critical-infrastructure markets across EMEA.
ScanTech AI Systems (Nasdaq: STAI) entered a non-binding term sheet with ARC Group for a proposed $20 million subordinated convertible note facility to enhance liquidity and strategic flexibility.
Key terms include up to $6 million at initial closing after an S-1 registration and shareholder approvals, subsequent $2 million tranches every 45 trading days, a 9% annual dividend, 3% original issue discount, conversion at 110% of the prior closing price with a $1.00 per share floor, and five-year warrants up to 30% of each tranche.
The term sheet is non-binding and subject to definitive agreements, due diligence, and customary closing conditions.
ScanTech AI Systems (Nasdaq: STAI) exhibited at the World Nuclear Exhibition in Paris from 4–6 November 2025, showcasing its AI-powered security screening and imaging systems to global civil-nuclear decision-makers.
The company reported strong engagement with representatives from EDF, the U.S. Department of Commerce, the Saudi Water Authority, and multiple EMEA government operators and distributors. ScanTech AI said these interactions could accelerate its expansion into nuclear and critical-infrastructure markets.
The company also disclosed a near-complete engagement with a major North American nuclear energy producer and described a successful integration of its SENTINEL® CT platform into nuclear security and inspection environments.
ScanTech AI Systems (Nasdaq: STAI) announced it has regained compliance with Nasdaq Listing Rule 5450(b)(2)(C) by meeting the minimum market value of publicly held shares ($15 million) for 16 consecutive trading days from September 30 through November 4, 2025, per Nasdaq's November 5, 2025 letter.
The company says this closes the matter and highlights steps in a strategic re-compliance plan, including engagement of Berkowitz Pollack Brant as independent auditor, ongoing development of financing programs such as an ARC Group International investment and purchase agreement, and advisory support from FSR Capital.
ScanTech intends to continue pursuing full compliance across all Nasdaq listing standards while advancing its AI screening commercialization and fundraising efforts.
ScanTech AI Systems (Nasdaq: STAI) delivered a SENTINEL® fixed-gantry CT scanner to the Virginia Department of Corrections on October 22, 2025 for a pilot to develop a customized contraband-detection AI algorithm.
The system will collect operational imaging data to train ScanTech AI’s proprietary platform and validate non-intrusive, high-resolution screening workflows for correctional facilities. The company estimates an addressable correctional-facility screening market of approximately USD 1 billion.
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.