Big Bear Ai, baby Palantir

In recent weeks, I’ve been using Chat GPT to hunt for small, promising companies. Palantir has shown that data analytics is an excellent business, and these companies are indeed collaborating.

Gpt:
“Yes, Palantir Technologies (PLTR) and BigBear.ai (BBAI) are collaborating. The companies announced a strategic partnership in 2021 to integrate their products. The goal is to combine Palantir’s Foundry platform with BigBear.ai’s AI solutions, such as forecasting, optimization, and decision-making support.”

In 2024, BBAI has received the following significant orders:

  1. U.S. Army: $165 million contract for the development of the GFIM system.

  2. FAA: Part of a $2.4 billion framework for IT services.

  3. Denver Airport: Biometric veriScan™ system (price not disclosed).

  4. Canadian Port Authority: Biometric passenger system (price not disclosed).

  5. Melbourne Airport: AI trial “Project Dartmouth” (price not disclosed).

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BBAI nousi eilen ~45% alla olevan uutisen jälkeen, sen alla toinenki diili mikä tuli viikkoa aikasemmin. Aiemmin tänä vuonna myös CEO vaihtunu; Mandy Long aiemmin ja nyt Kevin McAleenan

The DOD contract involves BigBear.ai developing a Virtual Anticipation Network (VANE) prototype for the Chief Digital and Artificial Intelligence Office (CDAO).

BigBear.ai’s prototype will use custom AI models to improve the assessment of news originating from potential foreign adversaries.

BigBear.ai has been awarded an indefinite-delivery/indefinite-quantity (IDIQ) contract under the U.S. Navy’s SeaPort Next Generation (SeaPort NxG) program.

SeaPort NxG is the U.S. Navy’s contracting platform used for the procurement of technical, engineering, and professional services.

BigBear.ai will offer U.S. Navy systems and process engineering services as well as other technology solutions. However, it did not disclose the value of the contract.

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Haluaisiko joku käydä lyhyesti läpi millainen sijoituskeissi Bigbear on ?

En tunne tätä yhtiötä oikein hyvin ja tähänkin vastausta varten piti googletella lisää sekä X:stäkin vilkaista jne.

Tietysti tekoälyyn keskittyvä yhtiö. Se toimittaa analytiikka- ja ennustepalveluja armeija- ja tiedusteluhommiin, voisiko siis tämän aika olla?

Yhtiö kasvaa, mutta ainakin nämä viimeisimmät luvut olivat odotuksia heikommat, erityisesti liikevaihdon ja tuloksen osalta. Tilauskanta kyllä kasvoi merkittävästi, mut kannattavuus on ollut haaste ja on edelleen. Yhtiö panostaa kertomansa mukaan teknologiansa kehittämiseen ja asiakaskunnan laajentamiseen, mikä voi heidän mukaansa luoda pitkän aikavälin mahdollisuuksia.

Taloudellisesti BigBear.ai on keskellä merkittävää uudelleenjärjestelyä ja muuta. Velkaa on onnistuttu vähentämään huomattavasti vaihtamalla velkakirjoja pidempään maturiteettiin (en tiedä tarkemmin näistä) ja muuntamalla osan osakkeiksi. Vahvemman taseen myötä kuitenkin yhtiöllä on rahkeita parempaan kasvuun, mutta porukka erityisesti kai tämän yhtiön osalta seuraa tuota kannattavuutta.

Tämä yhtiö tulee vastaan Äxässä ja alakohtaisissa artikkeleis. :slight_smile:

https://x.com/Earnings_Time/status/1897763741007065544



Yhtiön virallinen matsku tuloksesta

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Big Bear Ai’s revenue grew slightly from the previous year. At the same time, the company managed to significantly reduce its long-term debt through a voluntary debt exchange program.

The company’s CEO, Kevin McAleenan, stated that the early signs of strategic focus are encouraging, especially in sectors where the company has strong relationships, a clear understanding of operations, and proven technologies.

The company reportedly continues to focus on leveraging market dynamics and executing planned operations.

https://x.com/Earnings_Time/status/1918053293034749960

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More on the results here:

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OUCH!

BigBear AI’s revenue fell 18 percent from a year ago and also missed expectations, EPS significantly declined, in addition, this year’s revenue guidance was lowered, and furthermore, EBITDA guidance was canceled due to uncertainties.

Net loss increased despite one-time items, but the company emphasized in its statements a strong cash position and growth opportunities in the defense sector and international markets.

https://x.com/earnings_guy/status/1955000134929899852
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Company’s Own Materials

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BigBear.ai:n osake nousi reippaasti, kun yhtiö kertoi esittelevänsä kehittyneitä tekoälyratkaisuja Yhdysvaltain laivaston Southern Commandille syys–lokakuussa järjestettävässä UNITAS 2025 -harjoituksessa.

Teknologia tukee päätöksentekoa, uhkien tunnistusta ja myös laajojen merialueiden valvontaa.

The company will collaborate with digital solutions provider SMX to showcase AI-powered capabilities designed to improve coordination, decision-making, and threat detection in maritime operations. UNITAS 2025, scheduled for September 15 through October 6, will bring together approximately 8,000 personnel from 26 nations, including participants from all branches of the U.S. military.

https://www.investing.com/news/stock-market-news/bigbearai-stock-soars-after-securing-role-in-major-us-navy-exercise-93CH-4251693

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BigBear.ai’s stock rose just under 20 percent after the company announced a partnership with Tsecond to develop AI-powered edge infrastructure for military and critical operations.

By combining the ConductorOS and BRYCK platforms, the companies bring faster, secure data processing to the field, apparently even without a network connection, improving threat detection and decision-making.

Sahil Chawla, CEO of Tsecond, noted that the partnership “brings AI capabilities closer to the mission” by enabling faster situational awareness and more reliable operations at the edge.

https://www.investing.com/news/stock-market-news/bigbearai-stock-soars-after-partnership-with-tsecond-for-edge-ai-93CH-4284236

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BigBear.

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BigBear.ai’s revenue decreased, but earnings turned from loss to profit thanks to cost savings and changes in some financial items (?). It went very well and expectations were exceeded.

The company announced it is acquiring Ask Sage, a rapidly growing generative AI platform that specifically serves the security and defense sector. According to the CEO, the acquisition creates a secure, integrated AI platform that combines data, software, and services… thereby strengthening BigBear.ai’s position at the core of defense technology.

https://x.com/earnings_guy/status/1987992536175042910



Company’s own materials


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This ask Sage is completely unknown to me. I need to delve deeper into that company and platform to understand its potential. Thanks for the summary @Sijoittaja-alokas

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BigBear.ai stock rose as the company announced a memorandum of understanding (MOU) to develop Malaysia’s first AI-driven aerospace hub.

With various partners, the company will focus on AI-powered border security solutions and predictive analytics. The project supports the construction of Pahang Aerospace City and strengthens Malaysia’s aerospace sector.

https://www.investing.com/news/stock-market-news/bigbearai-stock-rises-after-signing-mou-for-ai-aerospace-hub-in-malaysia-93CH-4370702

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