Overview
- BigBear.ai said its veriScan-powered Enhanced Passenger Processing is now operating in Nashville International Airport’s International Arrivals Facility.
- The system allows U.S. citizens to clear customs without presenting physical passports and provides officers with real-time identity verification.
- The rollout is in partnership with the Metropolitan Nashville Airport Authority and U.S. Customs and Border Protection to cut processing times and ease peak congestion.
- BBAI shares rose 16.7% Tuesday to close at $5.94 after the U.S. approved changes to export controls for military drones, according to market reports.
- Reports state the policy reclassifies certain drones as fighter aircraft, enabling sales to the UAE and some European countries, and investors expect potential indirect upside for BigBear.ai given its AI/ML work with UAV manufacturers and a 2021 collaboration with UAV Factory, now owned by AE Industrial Partners.