{"id":918278,"date":"2025-12-10T08:05:35","date_gmt":"2025-12-10T13:05:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/"},"modified":"2025-12-10T08:05:35","modified_gmt":"2025-12-10T13:05:35","slug":"scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/","title":{"rendered":"ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Michael D.P. Cavanaugh<\/em><br \/>\n        \n      <\/p>\n<p align=\"left\">Atlanta, GA, Dec.  10, 2025  (GLOBE NEWSWIRE) &#8212; <i>ScanTech AI Systems Inc.<\/i> (Nasdaq: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gRpuBCAZ8Rf6hsLogPsp8TdXckyp0-dB4DpQGb8NnK12EJR66nzDUSPSNt3vWPyT2bV_NVd9I9lamzsMXD-_lxvuFxgBdXEg0ocOZz3R6O9Xsen1-ZO-UIFUwmayjwYY\" rel=\"nofollow\" target=\"_blank\">STAI<\/a>) (\u201cScanTech AI\u201d or the \u201cCompany\u201d), 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\u2019s 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 \u201cindependent director\u201d 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.<\/p>\n<p>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 \u2014 directly aligned with ScanTech AI\u2019s core market segments.<\/p>\n<p>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.<\/p>\n<p>Dolan Falconer, Chief Executive Officer of ScanTech AI Systems, said, \u201cWe 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\u00ae CT across global markets, his insight is expected to support our next stage of growth.\u201d<\/p>\n<p>Michael D.P. Cavanaugh commented, \u201cScanTech AI is well positioned at the intersection of advanced imaging and artificial intelligence \u2014 two technologies reshaping how global industries approach safety, inspection, and operational integrity. I look forward to contributing to the Company\u2019s strategic direction as it advances its technology portfolio, market presence, and long-term value creation.\u201d<\/p>\n<p>Mr. Cavanaugh\u2019s appointment further reinforces ScanTech AI\u2019s momentum following a series of recent strategic and operational achievements, including:<\/p>\n<ul type=\"disc\">\n<li style=\"margin-top:0in;margin-bottom:8pt\">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<\/li>\n<li style=\"margin-top:0in;margin-bottom:8pt\">Growing partnerships such as the newly announced collaboration with unival group to support deployment across Europe, the UAE, and Africa<\/li>\n<li style=\"margin-top:0in;margin-bottom:8pt\">Strengthening of the Company\u2019s financial reporting and governance processes under the oversight of its new independent auditor, Berkowitz Pollack Brant Advisors + CPAs<\/li>\n<li style=\"margin-top:0in;margin-bottom:8pt\">Progress on its Nasdaq re-compliance roadmap and commercial execution strategy<\/li>\n<\/ul>\n<p>\n        <b>About ScanTech AI Systems Inc.<\/b>\n      <\/p>\n<p>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\u00ae CT platform integrates machine learning and high-resolution imaging to detect and identify threats with precision and speed. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=E20kXH77ouBc9wBWlfhsLzcmCqT7aHspuqmTLXjeYPWSD8p2jh0k3dVcMkkFIXK81mdle2LiciMduGY6cg7gbWoZLOk8j8uVd0u36zLRTcRhDMXVMN_JSTwJdzcukfPx\" rel=\"nofollow\" target=\"_blank\">www.scantechaisystems.com<\/a> and\u00a0 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=MAoENIeqQZuwKBVM4CEfUm0NR9Q5YXVv-1StSvMPKxjGCLRtZSV8kHimSJQWVr_65GarkqweZlMpz5EMjEaU2UZ3ah7hzx-9_BO54ZQC5wbldF7M9Cvd0Mr6rrMcqBwG\" rel=\"nofollow\" target=\"_blank\">investor.scantechais.com<\/a>.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>This communication contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations, and intentions with respect to future operations, products and services; and other statements identified by words such as \u201cwill likely result,\u201d \u201care expected to,\u201d \u201cwill continue,\u201d \u201cis anticipated,\u201d \u201cestimated,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cprojection,\u201d \u201coutlook\u201d or words of similar meaning.<\/p>\n<p>Forward-looking statements in this communication include statements regarding the Company\u2019s leadership initiatives, governance and reporting enhancements, commercial execution strategy, technology deployment plans, market-expansion efforts, and ongoing Nasdaq listing-compliance activities. These statements are based on current assumptions and expectations, including assumptions regarding the Company\u2019s ability to execute on its commercial roadmap, maintain sufficient financial resources, and satisfy Nasdaq\u2019s continued listing requirements. There can be no assurance that the Company will achieve these objectives or continue to maintain compliance with Nasdaq\u2019s listing standards. Numerous risks and uncertainties may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.<\/p>\n<p>These risks and uncertainties include, among others: (i) the Company\u2019s ability to maintain compliance with Nasdaq\u2019s continued listing standards and deadlines; (ii) risks related to financial reporting, audit processes, internal controls, and governance enhancements; (iii) delays, shifts, or cancellations in customer programs, including in the nuclear, critical-infrastructure, and security-technology sectors; (iv) the timing, cost, and performance of the Company\u2019s SENTINEL\u00ae CT and related technologies, including risks associated with manufacturing, deployment, regulatory approvals, and market adoption; (v) changes in geopolitical, competitive, regulatory, or macroeconomic conditions that affect demand for the Company\u2019s products; and (vi) risks associated with the Company\u2019s capital requirements and access to financing. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of the Company\u2019s filings with the Securities and Exchange Commission (the \u201cSEC\u201d), including its most recent Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. There can be no assurance that the Company\u2019s strategic initiatives, governance enhancements, or commercial plans will be implemented on the timetable or in the manner currently contemplated.<\/p>\n<p>These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Actual results and future events could differ materially from those anticipated in such statements. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Forward-looking statements speak only as of the date of this release. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements.<\/p>\n<p>\n        <b>Investor &amp; Media Contacts<\/b>\n      <\/p>\n<p>\n        <b>DeMeakey Williams, Sr.<\/b><br \/>\n        <br \/>Senior Vice President, Sales, Business Development &amp; Investor Relations<br \/>ScanTech AI Systems Inc.<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NsB0-qRrcysKAhwSSrWCeufpczDIFGRW6_vZVCrVx8Kp7qWbFCgbzh7DtoCJPTB0ZseemaHLAgW8urlY64aW7Opzcaoc_U5TJjmqDeJThwRQ8QzgzMo1ipAbe1ybJswz\" rel=\"nofollow\" target=\"_blank\">dwilliams@scantechais.com<\/a><br \/>Website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=E20kXH77ouBc9wBWlfhsLzcmCqT7aHspuqmTLXjeYPUZ_gWA2Qdu5PLNwhcEgfS8n_OB1bYbG0RsnOFvzD1LVBWuXyb_UGb5mH-thqLo5NFVhNIfclEdqdBW-HRGM0jb\" rel=\"nofollow\" target=\"_blank\">www.scantechaisystems.com<\/a><\/p>\n<p align=\"left\">\n        <b>Annabelle Zhang<\/b><br \/>\n        <br \/>International Elite Capital Inc.<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3aSmpgoX_MZuFm4WrsXFV9r4J7nAcMsHiQM9Tjz5UGsNhE4AazgoQinYivdYr8obcmmtyUDu1kALSjbTuSQev6BtDJFEAkovMyrUjyBq98zQlWPd3klivj2LvRdBQpOz\" rel=\"nofollow\" target=\"_blank\">annabelle@iecapitalusa.com<\/a><br \/>Tel: +1 (646) 866-7928<\/p>\n<p id=\"gnw_attachments_section-header\">\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a target=\"_blank\" href=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/992dd505-126a-4e89-bf13-039505e8467d\">Michael D.P. Cavanaugh<\/a>\n        <\/li>\n<\/ul>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5OTcxMSM3MzE0Njc4IzUwMDEyMzk1MA==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTRiMjYwYmUtNGUyMy00MmNiLTg2MDMtNTU5YTc3MDY3OWFjLTUwMDEyMzk1MC0yMDI1LTEyLTEwLWVu\/tiny\/ScanTech-AI-Systems-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael D.P. Cavanaugh Atlanta, GA, Dec. 10, 2025 (GLOBE NEWSWIRE) &#8212; ScanTech AI Systems Inc. (Nasdaq: STAI) (\u201cScanTech AI\u201d or the \u201cCompany\u201d), 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\u2019s 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 \u201cindependent director\u201d 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-918278","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Michael D.P. Cavanaugh Atlanta, GA, Dec. 10, 2025 (GLOBE NEWSWIRE) &#8212; ScanTech AI Systems Inc. (Nasdaq: STAI) (\u201cScanTech AI\u201d or the \u201cCompany\u201d), 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\u2019s 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 \u201cindependent director\u201d 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 &hellip; Continue reading &quot;ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. 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Cavanaugh to Board of Directors - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/","og_locale":"en_US","og_type":"article","og_title":"ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors - Market Newsdesk","og_description":"Michael D.P. Cavanaugh Atlanta, GA, Dec. 10, 2025 (GLOBE NEWSWIRE) &#8212; ScanTech AI Systems Inc. (Nasdaq: STAI) (\u201cScanTech AI\u201d or the \u201cCompany\u201d), 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\u2019s 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 \u201cindependent director\u201d 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 &hellip; Continue reading \"ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. Cavanaugh to Board of Directors\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/","og_site_name":"Market Newsdesk","article_published_time":"2025-12-10T13:05:35+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU5OTcxMSM3MzE0Njc4IzUwMDEyMzk1MA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/scantech-ai-systems-strengthens-strategic-leadership-to-accelerate-growth-and-global-commercial-execution-with-appointment-of-michael-d-p-cavanaugh-to-board-of-directors\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ScanTech AI Systems Strengthens Strategic Leadership to Accelerate Growth and Global Commercial Execution with Appointment of Michael D.P. 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