ScanTech AI Addresses Recent Market Volatility

Atlanta, GA, Feb. 10, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems, Inc. (NASDAQ: STAI) (the “Company” or “ScanTech AI”), a publicly-traded innovator of next-generation checkpoint security scanning solutions, today reaffirmed its commitment to transforming the security screening industry through AI-driven technologies amid strong operational fundamentals and global tailwinds. The is addressing what its CEO Dolan Falconer believes may be “short-sighted trading activity by certain market participants, together with potential high-volume short activity” that has pressured the Company’s share price in recent weeks.

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