New York, January 29, 2026, 08:48 (EST) — Premarket
- Shares of BigBear.ai (BBAI) slipped roughly 2.4% in premarket action, hovering near $6.01.
- The company revealed a new strategic partnership with AD Ports Group’s Maqta to develop AI solutions for customs and border management.
- Investors are keeping an eye on a February vote that could double the company’s authorised share count.
Shares of BigBear.ai Holdings, Inc (BBAI) slipped roughly 2.4% in premarket trading Thursday, hitting $6.01 after closing near $6.16 the day before. The company announced Wednesday a strategic partnership with Maqta Technologies, the digital division of AD Ports Group, to develop AI-driven customs and border operations systems for ports and crossings. (BigBear.ai Holdings, Inc.)
The news arrives as investors question if BigBear.ai’s move into trade and border technology will actually convert into contracts in a market that prioritizes proven revenue over big ideas. The company said it plans to work with partners to co-develop and roll out tools for government agencies and port operators, focusing on speeding up cargo handling and enhancing screening processes. (Investing)
BigBear.ai is also zeroing in on its capital flexibility. A recent filing reveals the company will hold a special meeting on Feb. 18 to get the green light to boost its authorized common shares from 500 million to 1 billion. Electronic voting is available until 11:59 p.m. Eastern on Feb. 17. (BigBear.ai Holdings, Inc.)
Authorised shares define the maximum number of shares a company can issue, as set in its charter. Increasing this limit doesn’t dilute existing shareholders immediately, but it paves the way for easier share issuance down the line.
BigBear.ai revealed its partnership with AD Ports at the World Customs Organization Technology Conference in Abu Dhabi, driving the effort through its UAE branch. CEO Kevin McAleenan called the agreement “tailor-made” to boost government capabilities in “collections and security.” AD Ports Group CEO Mohamed Juma Al Shamisi added the goal is to enhance efficiency and risk management within trade and logistics networks. (Business Wire)
This month, the company has been adding to its customs-related toolkit. On Jan. 21, it announced the acquisition of select CargoSeer technologies, which leverage computer vision and machine learning to spot high-risk shipments and speed up inspections at ports of entry. (Bigbear)
Traders face the familiar question surrounding small-cap government tech stocks: when. Deals and partnerships often take a while to translate into revenue, and the pending share-authorisation vote keeps concerns about dilution front and center.
There’s a downside scenario too. The AD Ports deal is pitched as a co-development effort, not a guaranteed sales contract, and procurement in customs and border operations often moves slowly. If the share proposal clears, investors will be keen to see how fast the company taps that capacity — and what it reveals about future funding requirements.
The next key date is the Feb. 17 voting deadline, followed by the Feb. 18 meeting results. After those events, focus will shift to the next earnings report, which Nasdaq data shows is tentatively set for March 5. (Nasdaq)
