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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.
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