Welcome to our dedicated page for BIGBEAR AI HLDGS news (Ticker: BBAI), a resource for investors and traders seeking the latest updates and insights on BIGBEAR AI HLDGS stock.
BigBear.ai Holdings, Inc. reports developments tied to AI-powered decision intelligence for defense, national security, trade and travel, and other mission-based operating environments. Company updates commonly cover contract awards, backlog, operating results, margin trends, and demand for generative AI, machine learning, data science, computer vision, biometrics, cyber, cloud, and systems-integration capabilities.
Company announcements also include capital-structure actions, shareholder voting and governance matters, retail shareholder participation initiatives, and integration of completed acquisitions such as Ask Sage and CargoSeer. Updates may address its common stock and redeemable warrants, balance-sheet changes, and expansion of AI solutions across supply chain, cybersecurity, autonomous systems, digital identity, and Ask Sage platform markets.
Hadron Energy (Nasdaq: HDRN) completed its business combination with GigCapital7 Corp (formerly Nasdaq: GIG), becoming the first publicly traded light-water micro-modular nuclear reactor company. About $31 million in all-equity funding was secured, leaving approximately $24.45 million in cash and zero debt after roughly $6.5 million of expenses.
Hadron begins trading on Nasdaq under tickers HDRN and HDRNW on May 26, 2026, with a pro-forma equity valuation of about $766 million. The 10MWe, factory-built Halo MMR targets industrial, data center, defense, and critical infrastructure markets, with a 10-year refueling cycle and 50-year design life.
GigCapital7 (Nasdaq:GIG) and Hadron Energy completed their previously announced business combination, approved by GigCapital7 shareholders on May 7, 2026. The combined company is renamed Hadron Energy.
Its common stock and warrants will trade on Nasdaq as HDRN and HDRNW starting May 26, 2026, while GIG ceases trading.
BigBear.ai (NYSE:BBAI) and International Shipping Compliance announced the first commercial deployment of their AI-powered cargo security management platform in Panama’s Dry Canal with PTG, the country’s largest logistics operator.
The solution uses biometrics, real-time analytics, and chain-of-custody tracking to link drivers, vehicles, containers, and seals, creating an auditable record from origin to destination. It delivers verified data to customs agencies, aims to reduce manual inspections, and complies with BASC and C-TPAT international security standards.
GigCapital7 (NASDAQ: GIG) announced shareholder approval to domesticate from the Cayman Islands to Delaware following its May 7, 2026 Extraordinary Meeting. GigCapital7 intends to file domestication and interim Delaware incorporation documents on May 8, 2026. Trading as GIG (common), GIGGW (warrants), and GIGGU (units) will be market-effective Monday, May 10, 2026 under specified CUSIPs, with no change to the number of outstanding securities. The business combination with Hadron Energy will close after domestication and upon receipt of Nasdaq regulatory clearance; a future announcement will state when shares will trade under the HDRN ticker following closing.
GigCapital7 (NASDAQ: GIG) announced shareholder approval of its business combination with Hadron Energy at an Extraordinary Meeting held May 7, 2026. Shareholders approved the merger, domestication from the Cayman Islands to Delaware (to occur at least two days before the merger), and related charter changes.
The company will file the Extraordinary Meeting results on a Form 8-K, intends to file the domestication and interim certificate of incorporation after Nasdaq clearances, and says trading will commence under tickers GIG, GIGGW, and GIGGU with specified CUSIPs and no change to the number of outstanding securities.
BigBear.ai (NYSE: BBAI) reported 1Q 2026 revenue of $34.4M and gross margin of 34.0%, up 1,278 basis points from 21.3% year‑over‑year. Backlog rose 14% to $281.9M, led by a sole‑source classified award of $53M. The company settled $124.6M of 2029 convertible notes via conversion, reduced interest expense, and held $431.5M in cash and investments as of March 31, 2026. Management affirmed full‑year 2026 revenue guidance of $135M–$165M. Net loss was $56.8M; Non‑GAAP Adjusted EBITDA was $(9.9)M. SG&A increased to $29.2M, driven by acquisition amortization, legal/proxy costs, and sales expansion.
GigCapital7 (Nasdaq: GIG) announced non-redemption agreements covering 1,800,000 Class A shares (about $19.3 million) to be applied to Hadron Energy at closing of their proposed business combination. Together with ~$7.6 million previously funded on a SAFE bridge note, total equity from GigCapital7 into Hadron Energy is about $26.9 million, above the transaction's stated minimum cash condition of $20 million. A shareholder vote is scheduled for May 7, 2026, with the redemption deadline on May 5, 2026 at 5:00 PM ET. Additional details will be filed on Form 8-K.
Hadron Energy (expected ticker HDRN, via GIG) signed a Uranium Conversion Services Agreement with ConverDyn to secure U.S.-produced UF₆ for the Halo Micro-Modular Reactor. The deal supports Hadron’s FOAK deployment and fleet roadmap, complements NRC filings (PDC submitted) and follows a $7.5M pre-deSPAC bridge; pro-forma valuation ~$600M.
Hadron Energy (GIG) signed a non-binding MOU with Smartland Energy to evaluate deployment of Hadron's 10 MWe Halo Micro-Modular Reactor across up to five qualified Smartland behind-the-meter projects, with an initial deployment targeted for the early 2030s and Smartland making an initial strategic investment.
The framework covers technical and commercial studies, site-specific diligence, licensing, permitting, financing, and definitive agreements; no project sites have been identified.
Hadron Energy (GIG) submitted its Principal Design Criteria (PDC) White Paper to the U.S. Nuclear Regulatory Commission on April 10, 2026, formalizing the technical and safety framework for the Halo 10 MWe modular microreactor under 10 CFR Part 52.
The PDC addresses nine GDC exemption areas, a 10-year LEU+ fuel cycle (≤8.0% U-235), passive safety features, and follows positive NRC pre-application feedback; the filing supports the pending GigCapital7 (Nasdaq: GIG) business combination and SEC effectiveness of the Form S-4.