AI Brings 20/20 to 2024: TSA Precheck & Airlines Rolling Out “Touchless ID”, BBAI Trades Up ~30% on Today’s “Vision AI” Acquisition News.
Boarding passes or IDs will be replaced by “Touchless ID” technology for United Airlines (UA) passengers traveling through Chicago O’Hare and Los Angeles International airports. The program will continue to roll out across the country. Delta Air Lines (DAL) already has instituted a similar technology at its hubs in Detroit and New York. The Department of Homeland Security intends to roll out an entirely “self-service” screening option to bypass TSA agents entirely.
Today’s current PRISM NextGen Tech & AI Index leader, BigBear.ai Holdings (BBAI) announced the completion of its Pangiam Acquisition which will enhance its business as a leader in Vision AI for National Security, Supply Chain Management, and Digital Identity.
Mandy Long, BigBear.ai CEO stated, “The decision to acquire Pangiam is rooted in a strategy to bolster our portfolio through both organic and inorganic tactics, accelerate our growth in adjacent market categories and customers, and deliver increased value to our stockholders. Today marks a milestone in BigBear.ai’s journey,”