ScanTech AI Systems Inc. has entered into a new equity line of credit (ELOC) agreement with ARC Group International Ltd., securing up to $50 million in flexible, long-term growth capital. The financing structure allows ScanTech AI to draw down funds at its discretion, supporting AI-driven product development, regulatory compliance, market expansion, and general corporate purposes. As part of the agreement, ARC Group has also made an initial $500,000 PIPE equity investment. The funds are expected to accelerate the deployment of ScanTech AI's SENTINEL™ security system, advance detection analytics, and help the company achieve international certification milestones, while supporting its efforts to regain Nasdaq compliance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ScanTech AI Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9543407-en) on October 10, 2025, and is solely responsible for the information contained therein.