ScanTech AI Explores Opportunities in Stargate AI Initiative

In a bold step towards reinforcing the United States' AI capabilities, ScanTech AI Systems Inc. (Nasdaq: STAI) is seizing the opportunity presented by the newly launched Stargate AI Initiative. Launched by President Donald J. Trump on January 21, 2025, this initiative marks a historic collaboration between the federal government and industry giants like SoftBank, OpenAI, Oracle, and MGX to bolster quantum computing and data centers throughout the nation.

Stargate, with a staggering $100 billion initial investment and an ambitious target of $500 billion over the next four years, aims to create over 100,000 jobs and revolutionize AI infrastructure in the U.S. By signing an Executive Order titled "Removing Barriers to American Leadership in Artificial Intelligence," President Trump affirmed the nation's commitment to maintaining and enhancing its global AI leadership for economic and national security enhancement.

ScanTech AI, known for its pioneering AI-driven checkpoint security systems, stands to gain immensely from Stargate's AI advancements. These systems are prominent in safeguarding key nuclear power plants in North America and are poised to integrate smoothly into the advanced quantum AI infrastructure envisioned by Stargate, enhancing their application in security measures.

These state-of-the-art scanners, which offer unparalleled CT-grade detection and imaging without traditional CT scanner complications, promise reduced acquisition and maintenance costs. The speed of security checkpoints is notably improved as passengers can keep liquids and electronics in their bags, while AI algorithms automatically detect threats like explosives, weapons, and drugs.

"The United States’ focus on global AI leadership is aligned directly with ScanTech AI’s core mission of improving global security infrastructure through the use of advanced scanning technology combined with Artificial Intelligence," expressed Dolan Falconer, CEO of ScanTech AI. "Our checkpoint scanners are already driven by AI and machine learning and we believe that we are positioned to support these new AI initiatives."

As part of its strategic alignment with Stargate, ScanTech AI is focused on several key initiatives:

• Expanding AI-Enhanced Detection & Analysis: Continuous evolution of proprietary machine learning algorithms is enhancing threat detection accuracy, facilitated by Stargate's quantum-powered AI capabilities. These advancements will enable ScanTech AI's systems to rapidly adapt to emerging global threats.
• Integrating into U.S. National Infrastructure: With a modular software architecture, ScanTech AI is designed for seamless integration with existing and future AI investments, allowing it to grow alongside Stargate’s expanding infrastructure.
• Collaborating with the U.S. Government: Building on over a decade of collaboration with the TSA, ScanTech AI is actively engaging with federal and state agencies and the U.S. military, offering cost-effective, high-performance AI-driven security scanning solutions.

As ScanTech AI advances in the security technology sector, it maintains a commitment to contributing to the nation's AI ecosystem, ensuring secure and efficient solutions. "With the anticipated expansion of AI infrastructure investment, ScanTech AI is positioned to provide next-generation security solutions that align with both current and future government requirements," Mr. Falconer later added.

About ScanTech AI Systems Inc. (Nasdaq: STAI)

ScanTech AI is at the forefront of developing next-generation "fixed-gantry" security scanners for diverse applications, from airports to international borders. Already operational at Canada's major nuclear facilities, and tested by the TSA at key U.S. airports, these scanners employ AI for instantaneous detection of threats without human intervention.

Forward-Looking Statements

This press release contains forward-looking statements that reflect the company's current expectations regarding future events. Such statements include projections and predictions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. Detailed risk factors can be found in ScanTech AI's SEC filings.

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ScanTech AI Systems Inc.
James White, CFO
jwhite@scantechibs.com

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