ScanTech secures LOI from Visiontec Systems for multiple SENTINEL systems

ScanTech (STAI) AI Systems announced that it has entered into a non-binding Letter of Intent with Visiontec Systems for the planned purchase of additional SENTINEL Fixed Gantry CT inspection systems. The systems are intended for deployment at one of the world’s largest nuclear power facilities. The company believes that this LOI represents a strategic expansion of ScanTech AI’s presence in the energy and infrastructure sectors, building on the Company’s initial $3.5M engagement with Visiontec. The company estimates the value of the planned system deployments to exceed $1M, based on the LOI and historical purchasing trends with Visiontec and demand patterns within the nuclear energy sector.