Governor Glenn Youngkin today announced that Panguiam, a startup technology company streamlining the travel and security industry, will invest $3.1 million to build its global headquarters at 7950 Jones Branch Drive in Fairfax County. This new operation, which includes a 20,000 square foot expansion, will give Pangiam greater ability to meet growing domestic and international demand. The project will create 201 new jobs over the next three years.
“We chose Virginia as our headquarters for several reasons. Our management team is either from Virginia or has built their careers and families here, so when we started Pangiam, it was only natural to try to build something and give back to our community. “Second, Northern Virginia has really become a hub for tech companies like ours. After all, Virginia’s human talent is world-class, and in less than three years with the University of Virginia, we were just a handful of people with a vision Our team is now able to compete for talent against some of the biggest companies in the world.”
The company is a leading provider of facial recognition technology, cloud-based applications and data-driven digital identity solutions with customers in the global transportation and security sectors. Fairfax County Commissioner Jeffrey C. McKay said: “We welcome the expansion to Tysons and the hundreds of new jobs they bring as we work to secure our ports of entry with Pangiam using next-generation technology.”
Pangiam was founded by a team of senior customs and security professionals with decades of collective experience in the security and aviation sectors. Pangiam solves the security, facilitation, and operational challenges facing businesses today through the power of innovation, new technology, and data analytics.
The company’s core computer vision and facial recognition technology leverages artificial intelligence and machine learning to improve threat detection and response, facilitating the safe and rapid movement of people and goods around the world. Pangiam’s concession and investment operations leverage these technologies, strategic partnerships and development funds to build and operate critical infrastructure such as airport terminals and ports of entry. Prominent customers include DHS in the United States. Air Force, Delta Airlines, United Airlines, Reagan National Airport.