Announced

Completed

BigBear.ai completed the acquisition of technology assets of CargoSeer.

Synopsis

BigBear.ai, a provider of mission-ready AI solutions and services for defense, national security, and critical infrastructure, completed the acquisition of technology assets of CargoSeer, a provider of unified AI decision support technology for customs and border operations. Financial terms were not disclosed. “The acquisition of certain technologies of CargoSeer aligns directly with BigBear.ai’s strategy to deliver trusted technologies to customs agencies ensuring more efficient and secure movement of transported goods. Combining advanced computer vision with trade and cargo intelligence, we are expanding our ability to support customs agencies as they modernize enforcement operations, strengthen border security, and facilitate global trade,” Kevin McAleenan, BigBear.ai CEO.

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MergerLinks - BigBear.ai completed the acquisition of technology assets of CargoSeer.