A consultant that provides facial recognition technology and other identity verification services to the travel and security industry has chosen Tysons as the location for its new global headquarters.
Drawn to Fairfax County’s “dynamic” workforce, Panguiam will establish a base at Vallo Park (7950 Jones Branch Drive) with a $3.1 million investment, Gov. Glenn Youngkin announced this morning (Thursday).
The move will add 20,000 square feet of office space and create 201 new jobs in the county over the next three years, according to a press release from the Governor’s Office and the Fairfax County Economic Development Authority (FCEDA).
Big news! @Pangi Amtecha start-up technology company streamlining the travel and security industry, will establish global headquarters in Fairfax County.
201 new jobs created ?
?: https://t.co/4ZN6bOcqpL pic.twitter.com/3A1ojem49K
— Fairfax County EDA (@FairfaxEDA) September 22, 2022
“We chose Virginia as our headquarters for a variety of reasons,” said Tom Profchan, Chief Investment Officer of Pangiam. Having built it, it was only natural when we launched Pangiam to try to build and contribute to the local community.”
Plofchan also cited Northern Virginia’s proximity to the federal government and a “world-class” talent pool as factors in Pangiam’s decision.
“By working with the University of Virginia, our team has helped a handful of people with a vision compete with the biggest companies in the world for talent within three years,” he said. said.
Founded in 2019 by customs and security experts and acquired by a private equity firm in 2020, Pangiam uses data analytics, biometrics and artificial intelligence to enhance security and make airports a potential priority. We are developing tools to detect threats to
According to FCEDA, the company’s clients include the Department of Homeland Security, Air Force, Delta Air Lines, United Airlines and Washington National Airport.
Pangiam’s choice of Tysons as its headquarters, secured through collaboration between county and state economic development teams, cements Fairfax County’s “strong position as the location of choice for technology industry leaders,” FCEDA said. President and CEO Victor Hoskins said in a statement.
Oversight Board Chairman Jeff McKay said, “Safety has always been our top priority at Fairfax County and we are pleased to have Panguiam’s headquarters in Fairfax County, the heart of America’s national security infrastructure. “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.”
The announcement comes a day after Youngkin announced that another tech startup, Enabled Intelligence Inc., will expand its headquarters in West Falls Church.