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BigBear.ai Acquires Ask Sage, Aiming for $25M by 2025

11/13/2025

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Summary

Story summary

BigBear.ai Holdings Inc. expands in defense AI by acquiring Ask Sage, a generative AI platform.
The strategy targets annual revenue of $25 million by 2025, representing a sixfold increase.
In Q3 2025, the company posted a 20% revenue decline to $33.1 million.
The acquisition is expected to close in early 2026.
The company holds about $715 million in cash.

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Story summary

BigBear.ai Holdings Inc. expands in defense AI by acquiring Ask Sage, a generative AI platform.
The strategy targets annual revenue of $25 million by 2025, representing a sixfold increase.
In Q3 2025, the company posted a 20% revenue decline to $33.1 million.
The acquisition is expected to close in early 2026.
The company holds about $715 million in cash.