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ScanTech AI Systems Participates in TSA Industry Day and Engages Congressional Leaders to Advance AI-Driven Security Solutions

1. ScanTech AI showcased its CT screening technology at TSA's Industry Day. 2. Key TSA updates include funding policies and design standards for screening. 3. ScanTech AI aligns with TSA's mission, promising advanced security solutions. 4. Leadership engaged Congress on aviation security and AI's role. 5. Their technology aims to enhance airport security efficiency and threat detection.

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Why Bullish?

Collaboration with TSA suggests enhanced revenue prospects and growth potential for STAI, akin to positive company responses to government partnerships in the past.

How important is it?

The article discusses strategic engagements and future alignments critical for STAI's growth, indicating substantial future impact.

Why Long Term?

Strengthening relationships with TSA could lead to contracts that yield sustained revenue over years, similar to trends observed in defense contracts.

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Atlanta, GA, March 17, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ: STAI) (“ScanTech AI”), a leader in AI-driven ‘Fixed-Gantry’ Computed Tomography (CT) security screening solutions, participated in the Transportation Security Administration’s (TSA) Industry Day for the Electronic Baggage Screening Program (EBSP) on March 5, 2025. During the event, ScanTech AI engaged with TSA officials, industry experts, and key stakeholders to discuss the latest advancements in baggage screening technology. TSA also provided key updates on Planning Guidelines and Design Standards, Funding Policy, and the deliverables and requirements for Electronic Baggage Screening Program participants. These discussions outlined TSA’s strategic framework for enhancing baggage screening capabilities, including infrastructure considerations, funding mechanisms, and compliance expectations for industry partners. ScanTech is grateful for the opportunity to gain a deeper understanding of these critical guidelines to ensure alignment with the TSA’s evolving security objectives and program requirements. ScanTech AI believes it is well-equipped to support the agency’s mission of advancing baggage screening capabilities. "We appreciated the opportunity to connect with TSA leadership and industry partners at the Industry Day," said D. Williams Sr., Vice President Sales and Business Development at ScanTech AI. "The event provided valuable insights into TSA’s evolving security needs and reinforced our commitment to delivering next-generation screening solutions that align with the agency’s mission." Following the TSA Industry Day event, ScanTech AI’s leadership team traveled to Capitol Hill, where they engaged in a series of meetings with members of Congress. These discussions focused on ScanTech AI’s unique AI-driven screening capabilities and the critical role they can play in advancing aviation security. The team highlighted how their innovative technology aligns with TSA’s mission and evolving security needs, emphasizing its potential to enhance threat detection, streamline baggage screening operations, and improve overall efficiency in airport security. About ScanTech AI Systems Inc. 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 systems 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. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (“Exchange Act”), including statements regarding ScanTech AI’s management team’s expectations, hopes, beliefs, intentions, plans, prospects or strategies regarding the future, including alignment with TSA’s mission, possible business combinations, revenue growth and financial performance, product expansion and services. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Additionally, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “target,” “seek” or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on the current expectations and beliefs made by the management of ScanTech AI, in light of their respective experience and their perception of historical trends, current conditions and expected future developments and their potential effect on ScanTech AI, as well as other factors they believe are appropriate under the circumstances. There can be no assurance that future developments affecting ScanTech AI will be those that it has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including product and service acceptance, regulatory oversights, research and development success, and that ScanTech AI will have sufficient capital to operate as anticipated. 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. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the filings of ScanTech AI (and its predecessor, Mars Acquisition Corp) with the SEC, and in the current and periodic reports filed or furnished by ScanTech AI (and its predecessor, Mars Acquisition Corp) from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on the information available to ScanTech AI as of the date hereof, and 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 securities laws. Contact ScanTech AI Systems Inc.James White, CFOjwhite@scantechibs.com  Investor & Media Relations Contact International Elite Capital Inc.Vicky Chueng+1(646) 866-7928vicky@iecapitalusa.com 

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