Norm Laudermilch, former chief operating officer at BigBear.ai (NYSE: BBAI), has joined Maxar Technologies (NYSE: MAXR) to serve as chief information security officer of the Westminster, Colorado-headquartered space technology company, he announced via LinkedIn. According to him, he will be responsible for all aspects of Maxar’s cybersecurity,...
BigBear.ai (NYSE: BBAI) completed its purchase of fellow artificial intelligence company Pangiam Intermediate Holdings for an estimated $70 million in stock. Pangiam CEO Kevin McAleenan and two-time Wash100 inductee will become president of the combined company, which will leverage BigBear.ai’s capabilities in predictive analytics and computer...
Artificial intelligence company BigBear.ai (NYSE: BBAI) has agreed to acquire vision AI technology provider Pangiam Intermediate Holdings in an all-stock transaction valued at approximately $70 million. Columbia, Maryland-based BigBear.ai said Monday it expects the deal to close in the first quarter of calendar year 2024 and expand its portfolio of ...
Artificial intelligence company BigBear.ai (NYSE: BBAI) posted a 2 percent year-over-year revenue increase for the second quarter of 2023 and booked two key contracts from the U.S. Army during the quarter. Sales in the April-June period totaled $38.5 million, compared to $37.6 million a year earlier, while backlog as of June 30 stood at $206...
Artificial intelligence is currently experiencing a major peak in the commercial world with the skyrocketing popularity of generative AI tools in recent months, which is causing a ripple effect with implications in the public sector too. Mandy Long, the new CEO of BigBear.ai, delved into the present state of the AI market, where she thinks it...
Greg Goldwater, vice president of strategic growth at BigBear.ai (NYSE: BBAI) for the past two years, has been elevated to the chief growth officer post. Greg Goldwater Goldwater will be responsible for BigBear’s growth and partnership initiatives in his new role, the artificial intelligence company said Tuesday. His 19-year industry experienc...
Reggie Brothers, operating partner at AE Industrial Partners and a two-time Wash100 Award winner, has been named to the board of directors at Leonardo DRS (Nasdaq: DRS). He will serve on the board’s audit committee starting Jan. 1 and bring more than three decades of government and industry experience in advanced networking, artificial intelli...
BigBear.ai (NYSE: BBAI) reported $40.7 million in revenue during the third quarter of fiscal 2022 and saw its Q3 analytics revenue rise 8 percent driven by the award of a U.S. Army contract for the implementation of the Global Force Information Management system. The Columbia, Maryland-based technology company said Wednesday it ended the quarter wit...
Reggie Brothers, former CEO of BigBear.ai (NYSE: BBAI) and two-time Wash100 Award winner, has been named an operating partner at AE Industrial Partners. “I know firsthand the value that AEI’s operational support and strategic vision adds to its portfolio companies, and I am excited to have the opportunity to leverage my technology and defense ba...
Amanda “Mandy” Long, most recently vice president of information technology automation at IBM (NYSE: IBM), has joined BigBear.ai (NYSE: BBAI) as CEO and a board member. Long succeeds Reggie Brothers, who will stay as a company adviser and transition to the role of operating partner at BigBear’s private equity owner AE Industrial Partners, the ...
