TYSONS, VA — Pangiam, a technology company serving the travel and security industries, has agreed to invest $3.1 million to build its global headquarters in the Tysons area, Virginia Gov. Glenn Youngkin announced Thursday known.
The company provides facial recognition technology, cloud-based applications and data-driven digital identity products for the transportation and security sectors.
The expansion at 7950 Jones Branch Drive in McLean will include the 20,000 square foot addition. The project will create 201 new jobs at Pangiam over the next three years.
Tom Plofchan, Pangiam’s chief investment officer, said the company chose the Tysons area as its headquarters because Northern Virginia has become a hub for technology companies. Proximity to the federal government provides an opportunity to access partners and resources for a crucial part of our business, he said.
Additionally, members of Pangiam’s leadership team are either from Virginia or have built their careers in the area, “so when we started Pangiam, it was only right to build something and try to contribute to the local community,” Plofchan explained.
The Virginia Economic Development Partnership has worked with the Fairfax County Economic Development Authority to secure the project and will support Pangiam’s job creation through the Virginia Jobs Investment Program, which provides advisory services and funding to companies creating new jobs provides to support the recruitment and training of employees.
Pangiam’s decision to locate its headquarters in the Tysons area “reinforces Northern Virginia’s reputation as the epicenter of the security industry,” Youngkin said in a statement.
The company will benefit from Fairfax County’s proximity to its target customers and a technical workforce that makes this region “one of the most desirable locations for IT companies in the world,” he said.
“With safety always at the forefront of our minds, Fairfax County is pleased to have Pangiam’s headquarters in Fairfax County, the heart of America’s national security infrastructure,” Jeffrey McKay, chairman of the Fairfax County Board of Supervisors, said in a statement.
Pangiam was founded by a team of senior customs and security professionals with decades of collective experience in the security and aviation sectors. The company’s computer vision and facial recognition technologies leverage artificial intelligence and machine learning to enhance threat detection and response, facilitating the safe and expeditious movement of people and goods around the world.
The company’s notable customers include DHS, the US Air Force, Delta Air Lines, United Airlines and Ronald Reagan Washington National Airport.