Company Announcements

MCLEAN, Va.--(BUSINESS WIRE)--Jun. 17, 2025-- BigBear.ai (NYSE: BBAI), a leading provider of AI-powered solutions for national security, today confirmed multiple deployments of its biometric software for Enhanced Passenger Processing (EPP) at key international airports and ports of entry. The innovative solution, developed by Pangiam^®, now a BigBear.ai Company, is designed to streamline international arrivals experiences for U.S. citizens, while also maximizing security and compliance.

“Deploying Enhanced Passenger Processing at scale requires near seamless integration of advanced biometrics, AI, and operational infrastructure – this is where BigBear.ai excels,” said Kevin McAleenan, CEO of BigBear.ai. “We are proud to support international airports, seaports, and U.S. Customs and Border Protection (CBP) in transforming the security and safety for travelers, while elevating the passenger experience through AI-powered innovation.”

BigBear.ai has deployed the enhanced technology at the following airports and ports of entry:

• Charlotte Douglas International Airport (CLT)
• Chicago International Airport (ORD)
• Cross Border Xpress (CBX)
• Dallas Fort Worth International Airport (DFW)
• Denver International Airport (DEN)
• John F. Kennedy International Airport – Terminal 4 (JFKIAT)
• John F. Kennedy International Airport – Terminal 8
• Los Angeles International Airport – Terminal 7 (LAX-T7 UAL)
• Los Angeles International Airport – Tom Bradley International Terminal (LAX-TBIT)
• Montreal-Trudeau International Airport (YUL)
• Port of Seattle (SEA)
• Vancouver Fraser Port Authority, Canada

These deployments underscore BigBear.ai’s commitment to delivering mission-enabling technology solutions which can help optimize operations, increase safety, and deliver a more seamless experience for ports and travelers alike. For more information about BigBear.ai’s biometric and AI technologies, visit bigbear.ai/solutions/computer-vision-and-digital-identity/veriscan/.

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.

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.

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Source: BigBear.ai