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.
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.
BigBear.ai (NYSE: BBAI) will report its first quarter 2026 results on Tuesday, May 5, 2026. The company will publish the earnings release at approximately 4:15 PM ET and host an earnings call at 4:30 PM ET.
Investors can access the release and call details on the company’s investor relations website.
Hadron Energy (expected Nasdaq: HDRN) and GigCapital7 (Nasdaq: GIG) revised the pro-forma equity valuation of Hadron to approximately $600 million and completed a $7.5 million pre-IPO SAFE financing. The SEC declared GigCapital7’s Form S-4 effective on April 15, 2026, clearing a path to a May 7, 2026 special shareholders meeting and a projected May closing to list HDRN.
The valuation realignment aims to reduce redemption risk, maximize cash at close, and attract institutional investors while Hadron advances supplier partnerships, licensing engagement, and commercial pipelines.
BigBear.ai (NYSE: BBAI) announced two senior appointments on April 8, 2026: Jo Ann Bjornson as Chief Human Resources Officer and Alex Thompson as Chief Corporate Affairs Officer. Both bring 25 years of experience across federal contracting, communications, and commercial markets to strengthen leadership and corporate functions.
The hires are positioned to support the company’s 2026 acceleration in talent, brand, government affairs, and marketing for national security and travel & trade customers.
Hadron Energy (Nasdaq: GIG) signed a non-binding MOU with Paragon Energy Solutions to collaborate on the Instrumentation & Control (I&C) architecture for Hadron's Halo Micro-Modular Reactor (MMR) program.
The MOU covers I&C system architecture, safety and non-safety platform integration, HMI, cybersecurity, and supply of sensors and control hardware, aiming to support FOAK deployment and potential commercial units. Hadron also noted NRC acceptance of its QAPD topical report for review and a joint Form S-4 filing tied to a proposed $1.2 billion public listing.