Company Announcements

MCLEAN, Va.--(BUSINESS WIRE)--Jun. 10, 2025-- BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for national security, travel, and trade, today announced its collaboration with Analogic, a global innovator in aviation security systems. Together, the companies have integrated BigBear.ai’s advanced computer vision screening capabilities with Analogic’s cutting-edge Computed Tomograph (CT) scanner technology to enhance threat detection and streamline airports' security operations worldwide.

At the heart of this collaboration is BigBear.ai’s Pangiam^® Threat Detection and Decision Support Platform, formerly known as “Project Dartmouth,” which supports airport security teams with real-time, AI-driven threat detection insights. BigBear.ai’s Pangiam^® Threat Detection’s open architecture design allows integration with third-party hardware, software, and algorithms to provide flexibility and expand capabilities across airport security.

“BigBear.ai looks forward to joining forces with Analogic to elevate security standards and enhance traveler experiences across critical transportation hubs around the globe,” said Kevin McAleenan, CEO of BigBear.ai. “As security threats evolve, adopting open architecture solutions is crucial to accelerate the deployment of advanced screening technologies and giving customers the freedom to choose the best tools for their missions.”

“Analogic is proud to collaborate with BigBear.ai to offer our customers greater flexibility and choice when designing world-class security systems,” said Tom Ripp, CEO of Analogic. “By embracing open architecture and partnering with leaders in AI such as BigBear.ai, we are building out the next generation of aviation security.”

Analogic’s ConneCT^TM Checkpoint Security System is an advanced aviation security Explosive Detection System (EDS) engineered to deliver superior threat detection, while maximizing passenger throughput, and minimizing operational costs. The integration of Pangiam^® Threat Detection with ConneCT will deliver real-time insights to airport security professionals, resulting in smarter and more adaptable screening operations.

To learn more about BigBear.ai’s computer vision and screening products, visit https://bigbear.ai/solutions/computer-vision-and-digital-identity/pangiam-threat-detection/. To learn more about Analogic’s aviation security systems, visit https://www.analogic.com/imaging-and-detection/checkpoint/.

About BigBear.ai

BigBear.ai is a leading provider of AI-powered decision intelligence solutions and services for national security, defense, travel and trade, manufacturing and supply chains. Customers and partners rely on BigBear.ai’s artificial intelligence and predictive analytics capabilities in highly complex, distributed, mission-based operating environments. Headquartered in McLean, Virginia, BigBear.ai is a public company traded on the NYSE under the symbol BBAI. For more information, visit https://bigbear.ai and follow BigBear.ai on LinkedIn: @BigBear.ai. To receive email communications from BigBear.ai, register here.

BigBear.ai’s Pangiam^® Threat Detection is a registered trademark of BigBear.ai.

About Analogic

Analogic Corporation, headquartered in Peabody, MA, is a global leader in design, development manufacturing, and support of technically advanced and cost-effective imaging & detection and power & automation solutions for security, healthcare, and other high-end industrial markets. Analogic has been an innovation leader in the field of computed tomography for over 40 years, with over 3,000 CT systems and gantries deployed worldwide through direct contracts with US TSA and international airports, as well as its Original Equipment Manufacturer (OEM) security partners. Analogic’s ConneCT checkpoint CT and their eXpress ATRS security system are TSA and ECAC qualified and are now being deployed at airports throughout the globe. For more information, visit www.analogic.com.

Analogic, the A Design logo and ConneCT are trademarks of Analogic Corporation.

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements include, but are not limited to, statements regarding the intended use of proceeds from the private placement and may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to the uncertainty of the projected financial information (including on a segment reporting basis); risks related to delays caused by factors outside of our control, including changes in fiscal or contracting policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions as a result of “sequestration” or similar measures and constraints imposed by any lapses in appropriations for the federal government or certain of its departments and agencies; influence by, or competition from, third parties with respect to pending, new, or existing contracts with government customers; our ability to successfully compete for and receive task orders and generate revenue under Indefinite Delivery/Indefinite Quantity contracts; potential delays or changes in the government appropriations or procurement processes, including as a result of events such as war, incidents of terrorism, natural disasters, and public health concerns or epidemics; and increased or unexpected costs or unanticipated delays caused by other factors outside of our control, such as performance failures of our subcontractors; risks related to the rollout of the business and the timing of expected business milestones; the effects of competition on our future business; our ability to issue equity or equity-linked securities in the future, and those factors discussed in the Company’s reports and other documents filed with the SEC, including under the heading “Risk Factors.” More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250611445142/en/

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Source: BigBear.ai