BigBear.ai Deploys AI-Powered Biometric Platform at O'Hare Airport, Boosting Border Security and Stock Price

Why Are BigBear.ai (BBAI) Shares Spiking Overnight? - BigBear.ai Hldgs (NYSE:BBAI)

BigBear.ai Holdings Inc. (NYSE:BBAI) shares are trending on Friday. Check out the current price of BBAI stock here. BBAI shares rose 6.05% to $7.19 in after-hours trading on Thursday, gaining 41 cents after the company announced a new deployment with U.S. Customs and Border Protection. Contract Deployment Details On Thursday, the Virginia-based company said it deployed its "veriScan" biometric identity platform to support U.S. Customs and Border Protection's Enhanced Passenger Processing program at Chicago O'Hare International Airport, in partnership with the Chicago Department of Aviation. Processing Time Data According to the company, CBP data shows the EPP program has cut average processing times at airports nationwide from 60 seconds to just 10 seconds per traveler. The AI-powered biometric system can also verify travelers' identities in real time. See Also: Alphabet Stock Jumps After Anthropic Expands Use Of Google Cloud Technologies Executive Statement Kevin McAleenan, CEO of BigBear.ai, said, "Border security starts with trusted identity. By combining BigBear.ai's advanced biometric technologies with CBP's strong security framework, we are helping to ensure that identity verification at O'Hare remains both frictionless and fortified, delivering confidence at one of the nation's busiest international gateways." Market Context BigBear.ai is set to report third-quarter earnings on Nov. 10. The stock of the AI company has surged 323.75% over the past year and is up 52.36% year to date. In 2025, it experienced two short squeezes, climbing roughly 125% and 95%, respectively. With a market capitalization of $2.96 billion, BigBear.ai has a 52-week trading range of $1.51 to $10.36 and an average daily volume of 130.66 million shares. Price Action: According to Benzinga Pro data, BBAI closed at $6.78 on Thursday, marking a 2.57% increase for the day. Benzinga's Edge Stock Rankings highlight BBAI has Momentum in 97th percentile. Track the performance of other players in this segment. Read Next: Ark Invest Dumps AMD Stock, Doubles Down On Chinese Tech Giants Alibaba And Baidu Photo: PJ-McDonnell / Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. BBAIBigBear.ai Holdings Inc$7.198.77%OverviewMarket News and Data brought to you by Benzinga APIs

BigBear.ai stock rises after deploying biometric platform at O'Hare Airport By Investing.com

Investing.com -- BigBear.ai Holdings Inc (NYSE:BBAI) stock rose 6.5% in Friday's premarket trading following the company's announcement of a major deployment of its veriScan biometric identity platform at Chicago O'Hare International Airport. The AI company revealed it has implemented its technology to support U.S. Customs and Border Protection's Enhanced Passenger Processing program, aimed at providing secure entry for returning U.S. citizens. The deployment was made in collaboration with the Chicago Department of Aviation. BigBear.ai's veriScan platform utilizes AI-enabled biometrics to verify travelers' identities in real time. According to CBP data cited in the announcement, the Enhanced Passenger Processing program has significantly reduced average processing times from 60 seconds to just 10 seconds per traveler at airports nationwide. "Border security starts with trusted identity," said Kevin McAleenan, Chief Executive Officer of BigBear.ai. "By combining BigBear.ai's advanced biometric technologies with CBP's strong security framework, we are helping to ensure that identity verification at O'Hare remains both frictionless and fortified, delivering confidence at one of the nation's busiest international gateways." The implementation at O'Hare, one of America's busiest international airports, represents a significant expansion of BigBear.ai's presence in critical infrastructure security applications. The company specializes in providing AI solutions for national security purposes. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.