ScanTech AI Systems (STAI) has secured two major wins poised to drive adoption of its advanced security screening technology across public sector and energy markets. The company announced a new procurement pathway via a TIPS contract with Creeksource Consulting, and a letter of intent from Visiontec Systems Ltd. for additional SENTINEL™ systems intended for use at a major North American nuclear facility.
Through the Creeksource agreement, ScanTech AI’s solutions are now available to government agencies, municipalities, schools, and nonprofits via The Interlocal Purchasing System (TIPS). This contract opens a procurement channel to an estimated $100 million addressable market across over 3,000 county courthouses, 13,000 municipal courts, and other critical infrastructure nationwide.
Separately, the LOI from Visiontec reflects continued momentum for ScanTech AI’s SENTINEL platform in the energy and infrastructure sectors. Following an initial $3.5 million engagement, this new order, valued at over $1 million, is part of a planned deployment at one of the world’s largest nuclear power sites. ScanTech AI sees this as a significant step toward achieving its 2025 revenue growth targets and expanding its footprint in high-security verticals.
The post ScanTech AI Accelerates Government and Energy Sector Growth with $100M Public Sector Access and New Visiontec LOI, Shares Jump 104% appeared first on PRISM MarketView.