12/10/2025 | Press release | Distributed by Public on 12/10/2025 07:11
ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors
Atlanta, GA - December 10, 2025 - ScanTech AI Systems Inc. (Nasdaq: STAI) ("ScanTech AI" or the "Company"), a developer of advanced AI-powered security screening and imaging technologies, today announced that Michael D.P. Cavanaugh has been appointed to its Board of Directors, enhancing the Company's strategic, operational, and governance capabilities as it advances its commercialization and global expansion initiatives. The Board of Directors has determined that Mr. Cavanaugh is an "independent director" under the applicable rules of The Nasdaq Stock Market LLC and the Securities and Exchange Commission and has appointed him to serve on the Audit Committee and the Compensation Committee of the Board.
Mr. Cavanaugh brings more than two decades of executive leadership experience across industrial automation, digital transformation, and global security technology. He currently serves as Chief Executive Officer of KPI Solutions, a leading provider of automation, supply-chain integration, and software-driven operational optimization for enterprise customers. His prior leadership positions at Honeywell, Smiths Group, Safran/Morpho Detection, GE, and Indicor span multibillion-dollar business units covering safety, security, imaging, and advanced inspection technologies - directly aligned with ScanTech AI's core market segments.
His expertise includes AI-enabled operational platforms, SaaS deployment models, predictive analytics, and scaling technology businesses in highly regulated markets such as aviation, nuclear, corrections, and critical infrastructure.
Dolan Falconer, Chief Executive Officer of ScanTech AI Systems, said:
"We are extremely pleased to welcome Michael to our Board. His deep experience integrating AI-driven solutions into complex industrial and security environments comes at a pivotal time for ScanTech. As we strengthen our governance, expand our commercial footprint, and scale delivery of SENTINEL® CT across global markets, his insight is expected to support our next stage of growth."
Michael D.P. Cavanaugh commented:
"ScanTech AI is well positioned at the intersection of advanced imaging and artificial intelligence - two technologies reshaping how global industries approach safety, inspection, and operational integrity. I look forward to contributing to the Company's strategic direction as it advances its technology portfolio, market presence, and long-term value creation."
Mr. Cavanaugh's appointment further reinforces ScanTech AI's momentum following a series of recent strategic and operational achievements, including:
| · | Continued expansion in the nuclear and critical-infrastructure sectors, highlighted by strong engagement at the World Nuclear Exhibition (WNE) and successful delivery milestones within our security program for a leading North American nuclear power generation group |
| · | Growing partnerships such as the newly announced collaboration with unival group to support deployment across Europe, the UAE, and Africa |
| · | Strengthening of the Company's financial reporting and governance processes under the oversight of its new independent auditor, Berkowitz Pollack Brant Advisors + CPAs |
| · | Progress on its Nasdaq re-compliance roadmap and commercial execution strategy |
About ScanTech AI Systems Inc.
ScanTech AI Systems Inc. (Nasdaq: STAI) develops AI-driven security screening and imaging technologies used in aviation, logistics, nuclear, corrections, and defense applications. Its SENTINEL® CT platform integrates machine learning and high-resolution imaging to detect and identify threats with precision and speed. For more information, visit www.scantechaisystems.com and investor.scantechais.com.
Forward-Looking Statements
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