ScanTech AI Systems Inc. (Nasdaq: STAI) (“ScanTech AI”) a leader in
AI-driven security screening solutions, and ZKTeco, a global
trailblazer in biometric security and identity verification
technology, are pleased to announce a Teaming Agreement aimed at
delivering an integrated, multi-layer security solution to address
evolving security challenges in non-government critical
infrastructure markets worldwide.
The companies’ goal is to enable both organizations to expand
their market reach, drive sales revenue, and enhance technical
innovation by combining ScanTech AI’s cutting-edge detection
solutions with ZKTeco’s advanced biometric and identity
authentication technologies. By leveraging each organization’s core
capabilities, the companies' focus for the teaming will be to
create a seamless security ecosystem designed to meet the
increasing demand for robust, adaptable, and scalable security
solutions.
“In today’s rapidly evolving security landscape, efficiency and
adaptability are paramount. We believe that our relationship with
ZKTeco will enable security teams to extend their perimeters,
enhance detection capabilities, and seamlessly integrate advanced
technologies, making a smarter, more autonomous security
ecosystem,” said Dolan Falconer, the Chief Executive Officer of
ScanTech AI. “Through blending our AI-driven threat detection with
smart biometric security advancements, we are aspiring to deliver a
next- generation security framework that optimizes operations,
reduces response times, and empowers organizations with
intelligent, proactive protection.”
“ZKTeco US is excited to announce our Teaming
Agreement with ScanTech AI, a leader in advanced AI-powered
screening solutions,” said Scott Bohm, EVP of Entrance Control
& Operations at ZKTeco USA. “By combining our innovative
biometric and access control technologies with ScanTech AI’s
state-of-the-art capabilities, we aim to strengthen security
infrastructure and improve operational efficiency for
transportation and other private client facilities. This Teaming
Agreement underscores our commitment to delivering cutting-edge
solutions that enhance safety while optimizing user
experience.”
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
About
ZKTECO CO.,
LTD.
ZKTeco Co., Ltd. provides biometric verification algorithm
techniques, sensors, and software platforms worldwide. It offers
solutions based on smart verification and identity authentication
applications for vertical industries, partners, and system
integrators. ZKTeco Co., Ltd. provides body temperature and mask
detection devices; visible light products; biometric T&A, RFID
attendance, and portable devices; access control devices and
accessories; entrance control products; video surveillance
products; smart lock products; biometrics readers; and POS terminal
and peripherals. ZKTeco Co., Ltd. was founded in 2007.
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 with respect to the
Teaming Agreement and any results from the Teaming Agreement,
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) with the
U.S. Securities and Exchange Commission (the “SEC”), and in the
current and periodic reports filed or furnished by ScanTech AI (and
its predecessor, Mars) 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.
ContactScanTech
AI Systems Inc. James White, CFOjwhite@scantechibs.com
Investor
& Media
Relations
Contact:International
Elite Capital Inc.Annabelle Zhang+1(646)
866-7928annabelle@iecapitalusa.com
ScanTech AI Systems (NASDAQ:STAI)
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