Scantech AI’s new platform is designed to address critical vulnerabilities in national security infrastructure
Atlanta, Georgia, April 23, 2025 (Globe Newswire) – ScantechAI Systems Inc. (“Company” or “Scantech AI”) (NASDAQ: STAI), a global innovator of non-invasive ordinance CT (computed tomography) screening technology (STAI). Basham is important for both national and economic security.
“As a former commissioner of US Customs and Border Protection, this technology can prove that it may be an important tool in protecting our country from a wide range of threats and vulnerabilities,” said Basham, who previously served as director of the US Secret Service.
This strong support comes shortly after Scantech AI, which announces the development of CustomStrace AI™. It is designed to be more than a decade of technological advancements and is poised to redefine customs information, compliance and supply chain transparency.
The platform’s sophisticated commercial product verification system is dedicated to addressing urgent and emerging trade compliance challenges. The advanced features are designed to verify commercial goods against their respective tariff and harmonization codes to comply with the President’s updated tariff policies and increase visibility into potential risks.
In addition to protecting economic interests, CustomStrace AI™ is designed to support national security goals by identifying illegal contraband shipments that could slip through traditional screening methods.
Scantech AI is scheduled to release its products in Q3/Q4 of 2025.
Key differentiators for CustomStrace AI™ systems include:
Advanced Imaging Technology: Utilizing Scantech AI’s patented gantry architecture, CustomStrace AI™ is expected to provide fast and accurate product recognition without disrupting trade flows.
Cost-effective: Automatic verification of harmonic codes and tariffs is expected to reduce manual processing times, speed of clearance, reduce tight rates and reduce warehouse costs.
AI-powered Accuracy: Highly sophisticated algorithms are expected to provide industry-leading detection and classification capabilities.
Scantech AI has strategically assembled a world-class leadership team and technical advisory committee to support the launch and long-term growth of the CustomStrace AI™ platform.
Our Chief Science Officer, Dr. Alfred Forbes, oversees the final stages of technical refinement. Scantech AI builds a dynamic business development team and an impressive, sophisticated technical advisory committee and board of directors to guide market adoption. This power team includes nationally recognized leaders in customs, border security and logistics.
Ralph Basham – Former Commissioner, US Customs and Border Guard
Robert Perez – Former vice-commissioner, US Customs and Border Protection
Mike McGarrity – Former assistant director of the FBI counter-terrorism division
Bill Aldridge – Former Division Chairman, Cargo Services Group. Founder, US Consolidated Only (acquired by DHL)
About scantech ai
Scantech AI Systems Inc. (NASDAQ:STAI) has developed one of the world’s most advanced non-invasive “fixed gantry” CT screening techniques. Utilizing unique artificial intelligence and machine learning capabilities, it accurately and quickly detects Scantech AI’s cutting-edge scanners. Scantech AI solutions are designed to automatically identify, discriminate, and identify threat materials and items of interest, and are designed for use in airports, ports, borders, embassies, headquarters, government and commercial buildings, factories, processing plants, and other facilities where security is a priority.
For more information, please visit www.scantechais.com and https://investor.scantechais.com/.
Forward-looking statements
This press release contains forward-looking statements amended within the meaning of Section 27A of the U.S. Securities Act of 1933 (the “Securities Act”) and in Section 21E of the U.S. Securities Exchange Act of 1934 (the “Exchange Act”). AI™ platform and subsequent future effects or events If that platform is successfully developed, business combination, revenue growth and financial performance, product expansion and service. Statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. Furthermore, statements that refer to forecasts, forecasts or other characteristics of future events or circumstances, including underlying assumptions, are forward-looking statements. Explore positive or negative words that indicate “May,” “will,” “possibility,” “will,” “expected,” “intention,” “plan,” “plan,” “plan,” “predictions,” “believe,” “estimate,” “predictions,” “project,” “potential,” “continue,” “continue,” “target,” “seek,” or similar expressions. The absence of these words does not mean that the statement does not look to the future. The forward-looking statements contained in this press release are based on current expectations and beliefs made by Scantech AI. In light of each experience, historical trends, current conditions, and expected future developments, and potential impacts on Scantech AI, and other factors we consider appropriate under that situation. There is no guarantee that future developments that impact Scantech AI will be what it anticipated. These forward-looking statements involve many risks, uncertainties (some of which are beyond the control of the parties), or other assumptions that actual results and performance may differ materially from those forward-looking statements, including acceptance of products and services, regulatory oversight, and successful research and development, including acceptance of products and services, and successful research and development. If one or more of these risks of uncertainty are realized, or if any of the Scantech AI assumptions are proven wrong, actual results may differ materially from those predicted in these forward-looking statements. Additional factors that may cause actual results to differ will be discussed under the heading of “Risk Factors” and will be discussed in other sections of the filing by Scantech AI (and its predecessor, Mars) with the U.S. Securities and Exchange Commission (“SEC”) (and current and periodic reports filed or filed by SCANTECH AI (and its predecessor). All forward-looking statements in this press release will be made as of the date of this press release, based on information available to Scantech AI as of the date of this document, and Scantech AI will not be obligated to update forward-looking statements, such as new information, future events, or other consequences, as necessary under applicable securities laws.
contact: Scantech AI Systems Inc. James White, CFO jwhite@scantechabs.com
Investor and Media Contact Information: International Elite Capital Inc. Annabelle Chan +1 (646) 866-7928 annabelle@iecapitalusa.com
