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Business/Financial

BigBear.ai To Bolster Computer Vision Capabilities With Pangiam Acquisition

By Cal Biesecker

Monday, November 6th, 2023

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BigBear.ai To Bolster Computer Vision Capabilities With Pangiam Acquisition

Mandy Long, CEO of BigBear.ai. Photo: BigBear.ai

BigBear.ai [BBAI] on Monday said it has agreed to acquire Pangiam in a $70 million stock transaction that will add new capabilities in artificial intelligence and customers. BigBear.ai and Pangiam are both portfolio companies of the private equity firm AE Industrial Partners. BigBear.ai provides customers with predictive analytics using artificial intelligence for supply chain and logistics, cybersecurity, and computer vision for autonomous systems. The company’s customers include commercial companies and defense and intelligence agencies. Pangiam has AI-based computer vision capabilities…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]