Retrieved on:
Wednesday, April 17, 2024
BUFORD, Ga, April 17, 2024 (GLOBE NEWSWIRE) -- ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems, based in Metro-Atlanta, Georgia, today announced its participation in the world’s leading conference dedicated to airport passenger terminals in Frankfurt, Germany, the Passenger Terminal Expo 2024.
Key Points:
- BUFORD, Ga, April 17, 2024 (GLOBE NEWSWIRE) -- ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems, based in Metro-Atlanta, Georgia, today announced its participation in the world’s leading conference dedicated to airport passenger terminals in Frankfurt, Germany, the Passenger Terminal Expo 2024.
- One of the key themes of this year’s Expo is security infrastructure and the increase in global security threats.
- “ScanTech has undergone initial testing and training with Visiontec and we expect initial deliveries to begin this month,” said Dolan Falconer, ScanTech's CEO.
- Following the confidential filing of a registration statement on Form S-4, previously announced on November 13, 2023, ScanTech remains committed to the consummation of that transaction and both Mars and ScanTech believe the transaction is on track to close in the second quarter of 2024.
Retrieved on:
Friday, November 17, 2023
"ScanTech had initially focused its development on providing screening services to the airport security market.
Key Points:
- "ScanTech had initially focused its development on providing screening services to the airport security market.
- So we are excited to partner with Visiontec Systems to deliver our advanced screening systems to this market," stated Dolan Falconer, CEO of ScanTech.
- "Visiontec Systems always strives to provide its customers with the best equipment available in tandem with highly responsive technical services.
- ScanTech emerged as the answer to this challenge, and we greatly look forward to implementing this landmark contract with them."
Retrieved on:
Tuesday, September 5, 2023
LLP,
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BAE Systems Inc.,
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Acquisition,
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Growth,
Security (finance),
Medical imaging,
Mars,
Pub chain NEW YORK and BUFORD, Georgia, Sept. 5, 2023 /PRNewswire/ -- ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems based in Metro-Atlanta, Georgia, and Mars Acquisition Corp. (Nasdaq: MARX) ("Mars"), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement") that will result in ScanTech becoming a publicly listed company (the "Business Combination").
Key Points:
- NEW YORK and BUFORD, Georgia, Sept. 5, 2023 /PRNewswire/ -- ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems based in Metro-Atlanta, Georgia, and Mars Acquisition Corp. (Nasdaq: MARX) ("Mars"), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement") that will result in ScanTech becoming a publicly listed company (the "Business Combination").
- Pursuant to the Business Combination Agreement, each of ScanTech and Mars will merge with newly-formed subsidiaries of ScanTech AI Systems Inc., a newly-formed Delaware holding company ("Pubco"), and Pubco will be the parent company of each of ScanTech and Mars following the consummation of the transaction.
- ScanTech believes it has developed one of the world's most advanced non-intrusive 'fixed-gantry' CT baggage and cargo logistics screening technologies.
- Karl Brenza, CEO of Mars, commented: "This merger with ScanTech represents an opportunity to bring a leading-edge security scanning technology company to the public market.
