Atlanta, GA — October 10, 2025 — Leads & Copy — ScanTech AI Systems Inc. (Nasdaq: STAI) has secured a purchase agreement for an equity line of credit (ELOC) of up to $50 million with ARC Group International Ltd.
The ELOC, pending SEC registration of shares, aims to provide ScanTech AI with growth capital for R&D, commercialization of its SENTINEL™ AI threat detection platform, and Nasdaq compliance efforts. ARC has also committed to an initial $500,000 PIPE equity investment.
ScanTech AI CEO Dolan Falconer stated the investment reflects confidence in the company’s technology and strategy, providing immediate capital and flexibility for scaling AI-driven security platforms and Nasdaq compliance. Mac McDonald, Director of ARC Asset Management, cited ScanTech’s AI potential in aviation, critical infrastructure, and logistics.
The $50 million facility includes an initial $500,000 investment and will fuel AI product development, regulatory compliance, market expansion, and general corporate purposes, with ScanTech AI retaining discretion over drawdown timing.
The financing will support the deployment of the SENTINEL™ system in aviation and critical infrastructure security, advancements in AI-driven detection analytics, and international certification milestones targeted for 2026.
Media Contact:
D. Williams Sr. VP Sales & Investor/Government Relations
jwhite@scantechibs.com
Source: ScanTech AI Systems Inc.
