ScanTech AI Systems Launches Collaborative Pilot Program with the City of Atlanta, in Preparation for 2026 FIFA Football World Cup Events
Rhea-AI Summary
ScanTech AI Systems (Nasdaq: STAI) announced a collaborative pilot program with the City of Atlanta to evaluate its Sentinel™ AI CT Scanner System ahead of the 2026 FIFA Football World Cup.
The pilot supplies a technology package for a defined evaluation period, includes performance monitoring, operator feedback, algorithmic refinements, and a final summary of findings and recommended next steps for city officials.
Positive
- Pilot with City of Atlanta deploys Sentinel™ AI CT Scanner for real-world evaluation
- Program includes performance monitoring, operator feedback, and algorithm refinements
- Company will deliver a summary of findings and recommended next steps to city officials
- Reinforces ScanTech AI's expanding footprint across critical-infrastructure environments
Negative
- Pilot is an evaluation only; no binding procurement or contract value disclosed
Key Figures
Market Reality Check
Peers on Argus
STAI was down 3.09% pre-news while sector peers AEHL and ILAG also appeared in momentum scanners, moving -6.530000269412994% and -22.669999301433563% respectively. With 2 peers moving down and none up, weakness pointed to broader sector dynamics rather than a company‑specific move.
Previous AI Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 27 | Nasdaq plan update | Neutral | -5.0% | Management presented its recompliance plan to the Nasdaq Hearings Panel. |
| Jan 14 | Compliance progress | Positive | -9.7% | Regained minimum bid price and other Nasdaq compliance milestones, one issue remaining. |
| Jan 12 | Reporting compliance | Positive | +12.7% | Regained reporting compliance via Form 10‑Q filing and advanced restructuring steps. |
| Jan 06 | Hearings update | Neutral | +0.5% | Updated on Nasdaq hearing schedule, reverse split completion, and creditor talks. |
| Dec 15 | Compliance status | Neutral | -21.3% | Outlined Nasdaq delisting determination, hearing request, and 1‑for‑20 reverse split plan. |
Recent AI‑tagged news focused on Nasdaq compliance and restructuring has produced mixed reactions, with both sharp gains and notable selloffs around regulatory and capital‑structure updates.
Over the last several months, ScanTech AI’s AI‑tagged news flow has centered on Nasdaq listing compliance and restructuring. From Dec 15, 2025 through Jan 27, 2026, the company reported regaining periodic reporting and bid‑price compliance, implementing a 1‑for‑20 reverse split, and preparing for a Nasdaq Hearings Panel session on Jan 22, 2026. Price reactions ranged from a -21.32% drop to a 12.65% gain, underscoring volatility around regulatory milestones. Today’s Atlanta pilot announcement contrasts with those prior compliance‑driven catalysts by highlighting operational deployment of its Sentinel AI CT technology.
Historical Comparison
Past AI‑tagged releases for STAI mainly covered Nasdaq compliance and restructuring, with an average move of 9.83%. This operational pilot with Atlanta differs by emphasizing product deployment over listing status.
AI‑tagged disclosures track a sequence of Nasdaq compliance and restructuring milestones from Dec 15, 2025 through Jan 27, 2026, including reverse split execution, regained reporting and bid‑price compliance, and a formal recompliance plan to the Hearings Panel.
Market Pulse Summary
This announcement details a collaborative pilot with the City of Atlanta deploying ScanTech’s Sentinel AI CT systems ahead of the 2026 FIFA events, emphasizing safety and operational efficiency. In contrast, recent history has focused on Nasdaq compliance, heavy losses, and going‑concern language, including a nine‑month net loss of $34,518,281 and cash of $157,646 as of Sep 30, 2025. Investors may watch for follow‑on contracts, revenue tied to such pilots, and continued progress on regulatory and liquidity challenges.
AI-generated analysis. Not financial advice.
Atlanta, GA, Feb. 02, 2026 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced a collaborative pilot program with the City of Atlanta designed to support the city’s efforts to enhance safety, improve operational efficiency, and advance infrastructure modernization across select municipal and event facilities ahead of the 2026 FIFA Football World Cup events.
Under the agreement, ScanTech AI will provide a technology package based on its Sentinel™ AI CT Scanner System to the city for a defined evaluation period. The Company believes that the project will demonstrate how next-generation capability, combined with AI, can support governmental safety operations and improve the experience of staff and visitors. The Company believes this collaboration reflects Atlanta’s commitment to exploring innovative technologies that strengthen security workflows while supporting long-term modernization initiatives.
The project will include performance monitoring, operator feedback collection, algorithmic refinements, and the development of best-practice procedures that can inform broader security and operational planning efforts. At the conclusion of the program, ScanTech AI will provide city officials with a summary of findings, insights, and recommended next steps.
ScanTech AI’s growing portfolio of partnerships reflects its expanding footprint across critical-infrastructure environments, including government, transportation, corrections, and nuclear-sector facilities. The company continues to work closely with agencies and operators seeking to leverage AI-enabled security capabilities that improve performance, accelerate processes, and reduce operational friction.
This pilot program reflects the Company’s continued focus on disciplined execution, operational transparency, and constructive engagement with public-sector partners as it works to strengthen its overall corporate foundation and rebuild investor confidence.
About ScanTech AI
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.
For more information, visit www.scantechais.com and investor.scantechais.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on current expectations, estimates, forecasts, and projections, and the beliefs and assumptions of management. Words such as “expects,” “intends,” “plans,” “believes,” “seeks,” “may,” “will,” “should,” “anticipates,” or the negative or plural of these words, and similar expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
These statements relate to, among other things, the Company’s ability to regain and maintain compliance with Nasdaq continued listing standards, successfully execute on its re-compliance plan, execute its growth strategy, and develop or commercialize its technologies. Additionally, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those expressed or implied herein.
These risks and uncertainties include, but are not limited to: market conditions; dilution and volatility associated with equity financings; the Company’s ability to regain compliance and remain in compliance with Nasdaq listing standards; operational and regulatory risks in the artificial intelligence and security technology sectors; product and service acceptance; regulatory oversights; whether ScanTech AI will have sufficient capital to operate as anticipated; and other factors detailed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Should one or more of these risks of uncertainties materialize, or should any of the assumptions of ScanTech AI prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release and are based on the information available to ScanTech AI as of the date hereof. ScanTech AI assumes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as may otherwise be required under applicable law.
Media Contact:
ScanTech AI Systems Inc.
D. Williams Sr. Senior VP Sales, Business Development & Investor Relations
dwilliams@scantechais.com
Investor & Media Relations Contact:
International Elite Capital Inc.
Annabelle Zhang
+1(646) 866-7928
annabelle@iecapitalusa.com
FAQ
What is the scope of ScanTech AI's pilot program with the City of Atlanta (STAI) for the 2026 FIFA World Cup?
Will the City of Atlanta purchase ScanTech AI (STAI) systems after the pilot and when would that occur?
How does ScanTech AI (STAI) say the Sentinel™ AI CT Scanner will improve event security for the 2026 FIFA World Cup?
What deliverables will ScanTech AI (STAI) provide to Atlanta at the end of the pilot program?
Does the ScanTech AI (STAI) announcement disclose financial terms, contract length, or guaranteed deployments?
