By Chris Wack
ScanTech AI Systems shares doubled, to $4.35, after the company said it signed a deal with the Virginia Department of Corrections to deploy its Fixed-Gantry Sentinel Computed Tomography scanner.
The screening technology company said Tuesday this project will help find and prevent illegal contraband in correctional facilities throughout Virginia.
The stock hit its 52-week low of $1.23 on Feb. 12, and is down 61% in the past 12 months.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
February 18, 2025 12:44 ET (17:44 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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