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 ConneCTTM 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.
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