Tysons’ Valo Park lands global HQ for up-and-coming tech company

Valo Park offices at 7950 Jones Branch Drive in Tysons (staff photo by Jay Westcott)

A consultant providing facial recognition technology and other identity verification services to the travel and security industries has chosen Tysons as the location for its new global headquarters.

Attracted by Fairfax County’s “vibrant” workforce, Pangiam will construct a base at Valo Park (7950 Jones Branch Drive) with an investment of $3.1 million, Gov. Glenn Youngkin announced this morning (Thursday).

The move will add 20,000 square feet of office space and 201 new jobs to the county over the next three years, according to press releases from the governor’s office and the Fairfax County Economic Development Authority (FCEDA).

“We chose Virginia as our headquarters for a number of reasons,” said Tom Plofchan, Pangiam’s chief investment officer. “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.”

Plofchan also cited Northern Virginia’s proximity to the federal government and “world-class” talent pool as factors in Pangiam’s decision.

“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 to compete for talent with some of the largest companies in the world,” he said.

Pangiam was founded in 2019 by customs and security professionals and acquired by a private equity firm in 2020. Pangiam develops tools that use data analytics, biometrics, and artificial intelligence to increase security and detect potential threats, with airports as a core focus.

According to FCEDA, the company’s customers include the Department of Homeland Security, the Air Force, Delta and United Airlines, and Washington National Airport.

Pangiam’s choice of Tysons as its headquarters, secured through a collaborative effort between the county and state economic development teams, solidifies Fairfax County’s “strong position as the place of choice for technology industry leaders,” said Victor Hoskins, FCEDA President and CEO, in a statement.

“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 Jeff McKay, Chairman of the Board of Supervisors. “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.”

The announcement comes just a day after Youngkin said another tech startup, Enabled Intelligence Inc., will be expanding its headquarters in West Falls Church.

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READ:  Travel and Security Technology Company to Establish Headquarters in Fairfax County, Creating 201 New Jobs