Closed the acquisition of Pangiam in an all-stock transaction, combining BigBear.ai’s computer vision capabilities with facial recognition, image-based anomaly detection and advanced biometrics. Cash balance of $81.4 million as of March 31, 2024. Affirming full-year 2024 revenue guidance of $195 - $215 million. COLUMBIA, Md. / May 02, 2024 / Business Wire / BigBear.ai Holdings, Inc. (NYSE: BBAI) (“ BigBear.ai ” or the “... Read More

COLUMBIA, Md. / Apr 29, 2024 / Business Wire / BigBear.ai (NYSE: BBAI) today announced that it has been designated as an “Awardable” vendor for the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace. Five of the company’s products, including Sensor, Data and AI Orchestration (ConductorOS), Time-Series Forecasting (VANE), Contested Logistics Planning (AURORA), Maritime Domain Awareness... Read More

COLUMBIA, Md. / Apr 18, 2024 / Business Wire / BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for national security, supply chain management, and digital identity, today announced that it will publish its first quarter earnings release on Thursday, May 2, 2024, at approximately 4:15 pm ET. The earnings release can be accessed on the Company’s investor relations website:... Read More

Announced successful close of Pangiam acquisition in an all-stock transaction, combining facial recognition, image-based anomaly detection and advanced biometrics with BigBear.ai’s computer vision capabilities. Approximately $54 million of cash proceeds, before fees, related to warrants exercised in the first quarter of 2024, bringing additional liquidity and strengthening the Company’s balance sheet. Net loss of $21.3... Read More

COLUMBIA, Md. / Mar 01, 2024 / Business Wire / Today, BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions, announced the completion of its acquisition of Pangiam Intermediate Holdings, LLC (Pangiam), a leader in Vision AI for the global trade, travel, and digital identity industries. This strategic move accelerates and evolves BigBear.ai’s mission to create clarity for the world’s most... Read More

COLUMBIA, Md. / Feb 22, 2024 / Business Wire / BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for national security, supply chain management, and digital identity, today announced that it will publish its fourth quarter earnings release on Thursday, March 7, 2024, at approximately 4:15 pm ET. The earnings release can be accessed on the Company’s investor relations website:... Read More

COLUMBIA, Md., Jan. 16, 2024 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI) (“BigBear.ai” or the “Company”), a leader in providing AI-powered decision intelligence solutions, today announced that it will host an investor presentation after market close on Tuesday, February 6, 2024. The presentation will provide updates on the Company’s planned acquisition of Pangiam, which was previously announced on November 6, 2023. The... Read More

COLUMBIA, Md., Dec. 12, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence and cyber-engineering solutions, today announced a significant extension from the U.S. Army to continue as the prime contractor for the Global Force Information Management (GFIM) system. Valued at $17.9 million, this extension capitalizes on the successful delivery and acceptance of BigBear.ai's... Read More

COLUMBIA, Md., Dec. 11, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a premier provider of artificial intelligence (AI)-enabled business intelligence solutions, today announces it is working with Amazon Web Services (AWS) Professional Services (ProServe). By working with AWS, BigBear.ai reinforces its position as a leader in AI-driven solutions. AWS ProServe customers will be able to access the power of BigBear’s... Read More

Announced a definitive merger agreement to acquire Pangiam in an all-stock transaction, combining facial recognition and advanced biometrics with BigBear.ai’s computer vision capabilities to spearhead the vision AI industry: Press Release First quarter of positive net income, positive adjusted EBITDA, and positive cash flows from operations since public company debut in December 2021 Reiterating FY Guidance of Revenue... Read More

COLUMBIA, Md., Nov. 06, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a leading provider of AI-enabled business intelligence solutions, today announced a definitive merger agreement to acquire Pangiam Intermediate Holdings, LLC (Pangiam), a leader in Vision AI for the global trade, travel, and digital identity industries, for approximately $70 million in an all-stock transaction. The combined company will create one of... Read More

COLUMBIA, Md., Oct. 31, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a leading provider of AI-powered business intelligence solutions, today announced that Thomas Jefferson University Hospital is expanding its use of BigBear.ai’s AI platform to make day-to-day operations improvements to centralized resource and bed management, nurse staffing, and its transfer center. BigBear.ai’s FutureFlow RX Predictive AI platform... Read More

COLUMBIA, Md., Oct. 26, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a leader in providing AI-powered decision intelligence solutions, today announced that it will publish its third-quarter earnings release on Tuesday, November 7, 2023, at approximately 4:15 pm ET. The earnings release can be accessed on the Company’s investor relations website: https://ir.bigbear.ai . About BigBear.ai BigBear.ai’s mission is to deliver... Read More

COLUMBIA, Md., Oct. 16, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a leading provider of AI-powered military and business intelligence solutions, today announced an expanded commitment from the Air Force Research Laboratory’s (AFRL) Composable Collaborative Planning BAA. To date, BigBear.ai has collaborated with AFRL to accelerate the military planning process. Traditional planning processes take up to two years to... Read More

COLUMBIA, Md., Oct. 04, 2023 (GLOBE NEWSWIRE) -- BigBear.ai (NYSE: BBAI), a leading provider of AI-enabled business intelligence solutions, was prominently demonstrated alongside Autodesk CEO Andrew Anagnost, showcasing the partnership’s AutoCAD discrete event simulation functionality at Autodesk’s annual Digital Convergence Event. This year’s event focused on the integration of facility design with production system design.... Read More

COLUMBIA, Md. / Jul 25, 2023 / Business Wire / BigBear.ai (NYSE: BBAI), a leader in providing AI-powered decision intelligence solutions, today announced that it will report financial results for the second quarter ended June 30, 2023 after market close on Tuesday, August 8, 2023. The Company will hold its earnings conference call and webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by... Read More

BigBear.ai will continue work as single-source prime contractor in transforming 15 legacy U.S. Army systems into a single intelligent automation platform, providing real-time data to be in-line with the Secretary of the Army's data centric initiative COLUMBIA, Md. / Jun 12, 2023 / Business Wire / BigBear.ai (NYSE: BBAI), a leader in providing AI-powered decision intelligence solutions, today announced that it has received a... Read More

Strategic partnership announced with L3Harris and BigBear.ai to deliver artificial intelligence (AI) and autonomous surface vessel (ASV) capabilities for current and future defense programs Reiterating FY Guidance of Revenue between $155 million and $170 million COLUMBIA, Md. / May 09, 2023 / Business Wire / BigBear.ai Holdings, Inc. (NYSE: BBAI) (“ BigBear.ai ” or the “ Company ”), a leader in AI-powered decision... Read More

COLUMBIA, Md. / Apr 25, 2023 / Business Wire / BigBear.ai (NYSE: BBAI), a leader in providing AI-powered decision intelligence solutions, today announced that it will report financial results for the first quarter ended March 31, 2023 after market close on Tuesday, May 9, 2023. The Company will hold its earnings conference call and webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by calling... Read More

Total full year revenue achieved guidance and grew 6% year-over-year to $155.0 million; Analytics full year revenue grew 19% year-over-year Full year gross margin grew to 27.7%, an increase of 430 basis points from 23.4% for the year ended December 31, 2021. Analytics segment adjusted gross margin of 44% for the year ended December 31, 2022 Net loss of $121.7 million for the year ended December 31, 2022, compared to $123.6... Read More

The company will demo Ursa Minor on unmanned and autonomous platforms as part of the U.S. Navy’s goal of deploying the world’s first fleet of autonomous surface vessels BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that the company has accepted an invitation to participate and collaborate with the U.S. Navy during International Maritime Exercise 23 (IMX 23). The... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it will report financial results for the fourth quarter and full year ended December 31, 2022 after market close on Monday, March 13, 2023. The Company will hold its earnings conference call and webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by calling 877-485-3107 (toll-free) or... Read More

Leader in Decision Intelligence Technology Earns Five Awards on Built In’s Best Places to Work Lists BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced it has been named a 2023 Best Place to Work by Built In. Specifically, BigBear.ai earned a place on Best Places to Work in San Diego and Washington DC along with Best Midsize Places to Work in Boston, San Diego, and... Read More

BigBear.ai Holdings, Inc . (NYSE: BBAI) (“ BigBear.ai ” or the “ Company ”), a leader in AI-powered analytics and cyber engineering solutions, today announced that it has closed its previously announced private placement for the issuance and sale of 13,888,889 shares of the Company’s common stock, $0.0001 par value per share, and warrants to purchase up to an additional 13,888,889 shares of common stock at an offering price... Read More

BigBear.ai Holdings, Inc. (NYSE: BBAI) (“BigBear.ai” or the “Company”), a leader in AI-powered analytics and cyber engineering solutions, today announced that it has entered into definitive agreements for the issuance and sale of 13,888,889 shares of the Company’s common stock, $0.0001 par value per share, and warrants to purchase up to an additional 13,888,889 shares of common stock at an offering price of $1.80 per share... Read More

The Company Will Compete for Task Orders Supporting the Air Force Life Cycle Management Center Architectures and Integration Directorate to Drive Innovation and Development of Multi-Domain Systems BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced it has been awarded a multiple award $900 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the U.S. Air... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that on December 20, 2022 it received written notice from the New York Stock Exchange (“NYSE”) that it is not in compliance with the continued listing standards set forth in Rule 802.01C of the NYSE Listed Company Manual that requires listed companies to maintain an average closing share price of at least $1.00 over a... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that the company has participated and collaborated with the U.S. Navy on a three-week unmanned and artificial intelligence integration event in Bahrain. The event, Digital Horizon , aimed to advance the U.S. Naval Forces Central Command’s efforts to integrate new unmanned technologies and artificial intelligence while... Read More

Company achieves 8% quarter-over-quarter revenue growth driven by key wins and growth within Analytics; cost savings initiatives expected to drive $20 million of annualized expense savings BigBear.ai Holdings, Inc. (NYSE: BBAI) (“ BigBear.ai ” or the “ Company ”), a leader in AI-powered analytics and cyber engineering solutions, today announced financial results for the third quarter of 2022. Financial Highlights Revenue of... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it will report financial results for the third quarter ended September 30, 2022 after market close on Wednesday, November 9, 2022. The Company will hold its earnings conference call and webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by calling 877-485-3107 (toll-free) or... Read More

Dr. Reggie Brothers Steps Down as CEO and Board Member, Remains Advisor to Company BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that the Board of Directors has appointed former IBM executive Amanda “Mandy” Long as Chief Executive Officer and member of the Board of Directors, effective October 12, 2022. Dr. Reggie Brothers will step down as Chief Executive Officer... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that the United States Army has selected the Company as the sole source prime contractor for implementing the Global Force Information Management (GFIM) system in a 9-month contract valued at $14.8 million. The award builds on BigBear.ai's previous work and successful delivery of the prototype platform developed during... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced several senior leadership promotions that position the Company for success as a more scalable, profitable, and innovative business. Dan Jones has been promoted to Chief Products Officer, leading all product management, user experience, and engineering functions for BigBear.ai’s SaaS platform and software applications.... Read More

BigBear.ai Holdings, Inc. (NYSE: BBAI) (“ BigBear.ai ” or the “ Company ”), a leader in AI-powered analytics and cyber engineering solutions, today announced financial results for the second quarter of 2022. BigBear.ai CEO Dr. Reggie Brothers said, “We continue to focus on evolving our business to become a more scalable and profitable technology-first company. While the second quarter presented challenges to our 2022... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that CEO Dr. Reggie Brothers, CFO Julie Peffer and Chief Corporate Development Officer Josh Kinley will participate in the 25th Annual Oppenheimer Technology, Internet & Communications Conference on Wednesday, August 10, 2022. The Company will present at 1:15 p.m. ET on August 10 and host virtual 1-on-1 sessions with... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it will report financial results for the second quarter ended June 30, 2022 after market close on Tuesday, August 9, 2022. The Company will hold its earnings conference call and webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by calling 877-485-3107 (toll-free) or 201-689-8427... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, will present on the future of AI at several upcoming industry events through Q3 2022. CEO Dr. Reggie Brothers will spotlight the potential for AI to promote health equity in the AIM-AHEAD Symposium’s keynote address, where he will lay out the company’s vision for trustworthy AI that can aid in ethical decision-making at every level.... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it has expanded its leadership team to better execute on its growth strategy. Effective June 13, 2022, current Chief Financial Officer Josh Kinley will take a new role as Chief Corporate Development Officer, and former Amazon executive Julie Peffer will become Chief Financial Officer of the Company. Julie Peffer, a... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that the Company will attend William Blair’s 42 nd Annual Growth Stock Conference on Monday, June 6 th , 2022. CEO Dr. Reggie Brothers will present at 2:20 p.m. ET / 1:20 p.m. CT, and Dr. Brothers and CFO Josh Kinley will be available throughout the day for 1-on-1 sessions with members of the investment community. The... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced the company has appointed Tony Barrett as President of the Cyber and Engineering Sector. In this role, Barrett will drive the growth of BigBear.ai’s Federal Market by developing and deploying technical expertise and innovative solutions in artificial intelligence (AI), machine learning (ML), cyber security, and agile... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, will conduct its first Annual Meeting of Stockholders (the “Annual Meeting”) by virtual meeting on Tuesday, June 21, 2022 at 3:00 p.m. Eastern Time. Stockholders of record as of the close of business on June 3, 2022 are entitled to vote at the Annual Meeting. The Company’s proxy statement has been filed with the Securities and Exchange... Read More

BigBear.ai Holdings, Inc . (NYSE: BBAI) (“ BigBear.ai ” or the “ Company ”), a leader in AI-powered analytics and cyber engineering solutions, today announced financial results for the first quarter of 2022. “We continued to build momentum during the first quarter as we transition from a stable and profitable services-led company into a high growth, high margin technology-first company. We are making strategic investments to... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it will attend the 7 th Annual Oppenheimer Emerging Growth Conference on Tuesday, May 10 th , 2022. BigBear.ai CEO Dr. Reggie Brothers and CFO Josh Kinley are scheduled to host virtual 1-on-1 sessions with members of the investment community. For additional information or to schedule a 1-on-1 meeting with... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, announced company executives are embarking on a thought-leadership campaign across multiple global industry events. The campaign will emphasize how the company’s advancements in AI technologies will impact the federal and commercial markets in the coming months. At these events, BigBear . ai leaders will highlight the capabilities of... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it will report financial results for the first quarter ended March 31, 2022 after market close on Monday, May 9, 2022. The Company will hold its earnings conference call and webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by calling 877-485-3107 (toll-free) or 201-689-8427 (toll).... Read More

BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that it has appointed Carolyn Blankenship as General Counsel. In this role, Blankenship will develop and lead corporate legal strategy supporting BigBear.ai’s growth initiatives as a publicly-traded company. She will play a crucial role in guiding and protecting trusted AI and data ethics principles, intellectual... Read More

BigBear.ai (NYSE: BBAI), the leader in AI-powered analytics and cyber engineering solutions, today announced it has acquired ProModel Corporation, a provider of simulation-based predictive analytics software for manufacturing, healthcare, shipbuilding, and other industries. The accretive acquisition furthers BigBear.ai's commercial growth strategy with the addition of industry-leading modeling applications used by hundreds... Read More

BigBear.ai (NYSE: BBAI), a leading provider of AI-powered analytics and cyber engineering solutions, today announced that it will ring the Opening Bell at the New York Stock Exchange (NYSE) on March 30, 2022, in celebration of its public listing on the NYSE under the ticker symbol “BBAI” on December 8, 2021. BigBear.ai CEO Dr. Reggie Brothers will ring the bell alongside members of the Company’s executive leadership team and... Read More

BigBear.ai Holdings, Inc. (NYSE: BBAI) (“ BigBear.ai ” or the “ Company ”), a leading provider of AI-powered analytics and cyber engineering solutions, today announced financial results for the fourth quarter and full year ended December 31, 2021. “The growth of our federal Analytics business and new commercial opportunities are fueling our move toward more scalable, high growth, technology-first solutions and products,”... Read More

BigBear.ai (NYSE: BBAI), a leading provider of AI-powered analytics and cyber engineering solutions, today announced that it will report financial results for the fourth quarter and full year ended December 31, 2021 after market close on Thursday, March 17, 2022. The Company will hold its earnings conference call and audio webcast on that day at 5:00 p.m. ET. The earnings conference call can be accessed by calling... Read More

BigBear.ai (NYSE: BBAI), a leading provider of AI-powered analytics and cyber engineering solutions, today announced it will showcase its award-winning technology used in Space, Intelligence, Logistics, and other government and commercial sectors at key upcoming events. Company executives will also discuss critical issues in data analytics and cybersecurity in a panel during South by Southwest (SXSW), and Foundational... Read More

BigBear.ai (NYSE: BBAI), a leading provider of artificial intelligence ("AI"), machine learning, cloud-based big data analytics, and cyber engineering solutions, today announced two senior-level appointments to enhance the Company’s innovation and product development for public and private sector customers. Todd Hughes has been appointed Senior Vice President of Technology and Research, and Dan Jones has been appointed... Read More