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Stock impact report

Former U.S. Customs Chief Endorses CustomsTrace AI™ as Critical to National and Economic Security

ScanTech AI Systems Inc. - Common stock (STAI) 
Company Research Source: GlobeNewswire
Atlanta, GA, April 23, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI),  a global innovator in non-intrusive, fixed-gantry CT (Computed Tomography) screening technologies, announced that the development of its groundbreaking CustomsTrace AI™ platform has been endorsed by former U.S. Customs and Border Protection Commissioner Ralph Basham as critical to both national and economic security. Basham, who also previously served as Director of the U.S. Secret Service, stated, “As the former Commissioner of U.S. Customs and Border Protection, I can attest that this technology could be a vital tool in safeguarding our nation from a wide range of threats and vulnerabilities—whether related to terrorism or our capacity to identify and assess tariffs, which are critical to our economic security.”   This powerful endorsement comes on the heels of ScanTech AI unveiling the development of CustomsTrace AI™, a pioneering application being engineer Show less Read more
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