FAIRFAX COUNTY, Va.–(BUSINESS WIRE). This new operation, which includes the 20,000 square foot expansion, will allow Pangiam to increase capacity 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 a number of reasons. First, it’s home. Our leadership team is either from Virginia or has built a career and family here, so when we started Pangiam it was only right to build something and try to contribute to the local community.” said Tom Plofchan, Pangiam’s chief investment officer. “Second, Northern Virginia has really become a hub for technology companies like ours. Proximity to the federal government provides a unique opportunity to access partners and resources for a critical part of our business. After all, human talent in Virginia is world class. Our collaboration with the Universities of Virginia has helped our team, which less than three years ago was just a handful of people with a vision, compete for talent with some of the largest 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.
“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.” said Jeffrey C. McKay, Fairfax County Board Chairman. “As Pangiam works to secure our ports of entry using next-generation technologies, we welcome their expansion into Tysons and the hundreds of new jobs they will bring.”
Pangiam was founded by a team of senior customs and security professionals with decades of collective experience in the security and aviation sectors. Through innovation, new technologies and the power of data analytics, Pangiam solves the security, simplicity and operational challenges facing today’s businesses. The company’s core 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. Pangiam’s concessions and investments practice leverages these technologies, strategic partnerships and development capital to build and operate critical infrastructure such as airport terminals and ports of entry. Notable customers include DHS, the US Airforce, Delta Airlines, United Airlines and Reagan National Airport.
“Pangiam’s decision to establish its headquarters here in Fairfax County is a great example of our community’s strong position as the location of choice for technology industry leaders.” said Victor Hoskins, President and CEO of Fairfax County Economic Development Agency (FCEDA). “We are honored to have Pangiam Fairfax County call his home.”
The Fairfax County Economic Development Authority worked with the Virginia Economic Development Partnership to secure the Virginia project and will support Pangiam’s job creation through the Virginia Jobs Investment Program (VJIP), the companies creating new jobs, provides advisory services and resources to support recruitment and training activities. As a business incentive to support economic development, VJIP lowers labor costs for new and expanding businesses. State-funded, VJIP demonstrates Virginia’s commitment to improving employment opportunities for its citizens.
“Having innovative companies like Pangiam establish their headquarters in the Commonwealth strengthens our position as a leader in the technology sector and reinforces Northern Virginia’s reputation as the epicenter of that industry,” said Governor Youngkin. “Pangiam will take advantage of Fairfax County’s proximity to its target customers and an outstanding tech workforce that makes this region one of the most desirable locations for IT companies in the world.”
About the Fairfax County Economic Development Authority (FCEDA)
FCEDA promotes Fairfax County as one of the world’s premier locations for business and talent, providing location discovery and business development assistance, and liaison with county and state government agencies to help companies locate and expand in Fairfax County. Headquartered in Tysons, Fairfax County’s largest business district, FCEDA has offices in major global business centers: Bangalore/Mumbai, Berlin, London, Los Angeles, Seoul and Tel Aviv. For more information about FCEDA, visit www.fairfaxcountyeda.org or follow us on LinkedIn, TwitterFacebook and Youtube.