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Bridger Aerospace Announces Schedule for its First Quarter 2025 Earnings Release and Conference Call
GlobeNewswire· 2025-05-01 20:01
BELGRADE, Mont., May 01, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced that it will release financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 2025, after the market close. Management will conduct an investor conference call on Thursday, May 8 at 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time) to discuss these results and the b ...
NextNav Announces Appointment of H. Wyman Howard and Lorin Selby to its Board of Directors
Newsfilter· 2025-04-16 15:30
RESTON, Va., April 16, 2025 (GLOBE NEWSWIRE) -- NextNav Inc. (NASDAQ:NN), a leader in next-generation position, navigation and timing (PNT) and 3D geolocation, today announced that its board of directors has elected Rear Admiral H. Wyman Howard and Rear Admiral Lorin Selby to serve as board members, effective May 1, 2025. "We are honored to welcome Rear Admiral Howard and Rear Admiral Selby to the NextNav Board of Directors," said Mariam Sorond, NextNav's Chief Executive Officer and Board Chair. "Their exte ...
Bridger Aerospace Strengthens Board with the Addition of Meghan Pasricha as Independent Director
Newsfilter· 2025-04-15 20:41
Core Insights - Bridger Aerospace Group Holdings, Inc. has appointed Meghan Pasricha as an independent director, bringing the Board size back to 9 members [1][2]. Company Overview - Bridger Aerospace is one of the largest aerial firefighting companies in the United States, providing services to federal and state government agencies, including the United States Forest Service [3]. Leadership and Expertise - Meghan Pasricha has extensive experience in credit and capital solutions, which will support Bridger's growth plans and capital structure optimization [2]. - Pasricha is currently a Partner at Galvanize Climate Solutions, focusing on decarbonization investment strategies, and has held significant roles at Riverstone Holdings and The Carlyle Group [2]. - She co-founded Women in Climate Investing & Finance and leads a nonprofit focused on youth leadership and community service [2].
Bridger Aerospace Awarded Exclusive-Use Contract by State of Montana for Innovative Wildfire Detection Aircraft
GlobeNewswire· 2025-04-10 12:05
Core Insights - Bridger Aerospace Group Holdings, Inc. has been awarded an exclusive-use contract by the State of Montana for wildfire detection and mapping using a modified Daher Kodiak 100 aircraft, with a minimum annual value of $648,000 for at least 120 days of availability [1][2] Group 1: Contract Details - The exclusive-use agreement has an initial term of one year, with two optional extension years subject to continued state funding [1] - The contract includes provisions for additional days and flight hours beyond the minimum annual value [1] Group 2: Operational Impact - Nearly all of Bridger's air attack and sensor-equipped fleet is now committed or operational for the 2025 fire season, enhancing the company's capacity to support firefighting operations [2] - The modification of the Kodiak aircraft integrates advanced sensor systems and operator workstations, enabling rapid identification of wildfire hotspots and precise fire perimeter mapping [2] Group 3: Company Background - Bridger Aerospace is one of the largest aerial firefighting companies in the United States, providing services to federal and state agencies, including the United States Forest Service [3]
Bridger Aerospace and Positive Aviation Announce Joint Partnership for the Development of Water Scooping Aircraft
Newsfilter· 2025-03-25 20:01
Core Points - Bridger Aerospace has entered into a Memorandum of Understanding with Positive Aviation to become the exclusive North American launch customer for the FF72 firefighting aircraft [1][2] - The partnership aims to enhance Bridger's fleet capabilities and solidify its leadership in the aerial firefighting industry [3][4] Group 1: Partnership Details - Bridger will handle sales, marketing, support, modifications, certification, and training for the FF72 aircraft in North America [2] - The MOU allows Bridger to purchase ten FF72 aircraft with an option for an additional ten units [2] - Deliveries of the FF72 are expected to begin in time for the 2029 fire year [2] Group 2: Strategic Importance - The FF72 will complement Bridger's existing fleet of CL-415 EAF Super Scoopers, integrating new technology for improved wildfire response [3] - The partnership is positioned to meet the growing demand for cost-effective wildfire fighting solutions both in the U.S. and globally [4] - Bridger aims to address the increasing year-round challenges of wildfires with the addition of the FF72 to its fleet [4]
Bridger Aerospace Super Scoopers and Multi-Mission Aircraft Support Wildfire Efforts in Oklahoma and New Mexico
GlobeNewswire· 2025-03-25 12:03
Core Insights - Bridger Aerospace has deployed aircraft to support wildfire efforts in Oklahoma and New Mexico, enhancing regional firefighting capabilities [1][2] - The company has sent two CL-415EAF "Super Scooper" aircraft and a Multi-Mission Aircraft (MMA) to assist ground crews and protect communities [1][2] - Bridger Aerospace is committed to supporting wildfire management agencies across the US, providing critical resources for effective response [2] Company Overview - Bridger Aerospace Group Holdings, Inc. is one of the largest aerial firefighting companies in the US, based in Belgrade, Montana [3] - The company provides aerial firefighting and wildfire management services to federal and state government agencies, including the United States Forest Service [3] - Bridger Aerospace operates both domestically and internationally, showcasing its extensive capabilities in wildfire management [3]
BAER Stock Falls Despite Q4 Earnings Uptick and Record Revenues
ZACKS· 2025-03-18 17:46
Shares of Bridger Aerospace Group Holdings, Inc. (BAER) have lost 8.9% since the company reported its earnings for the quarter ended Dec. 31, 2024. This compares to the S&P 500 Index’s 1.2% gain over the same time frame. Over the past month, the stock lost 25.1% compared with the S&P 500’s 7.9% decline.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Earnings Performance and Financial MetricsBridger Aerospace reported fourth-quarter 2024 revenues of $15.6 million, marking a substantial ...
Bridger Aerospace Appoints Sam Davis Chief Executive Officer
GlobeNewswire· 2025-03-17 11:00
Group 1 - Bridger Aerospace Group Holdings, Inc. appointed Sam Davis as President and CEO effective March 17, 2025, following the resignation of former CEO Timothy P. Sheehy [1] - Sam Davis has been with Bridger since 2019, previously serving as Controller and Chief of Staff, and has played a key role in the company's transition to a public entity and its expansion efforts [2] - Under Davis's leadership, Bridger has achieved significant milestones, including strong top-line growth, a substantial increase in Adjusted EBITDA, and positive cash flow for the year [2] Group 2 - Davis expressed gratitude for the Board's confidence and emphasized Bridger's readiness to address year-round wildfire threats, highlighting recent operations in Los Angeles and Oklahoma [3] - Bridger Aerospace is one of the largest aerial firefighting companies in the U.S., providing services to federal and state agencies, including the U.S. Forest Service [4]
Bridger Aerospace(BAER) - 2024 Q4 - Annual Report
2025-03-14 20:16
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-K ______________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41603 ______________________ BRIDGER AEROSPACE GROUP HOLDINGS, INC. ...
Bridger Aerospace(BAER) - 2024 Q4 - Earnings Call Transcript
2025-03-14 02:43
Bridger Aerospace Group (BAER) Q4 2024 Earnings Call March 13, 2025 10:43 PM ET Company Participants Eric Gerratt - Chief Financial OfficerSam Davis - President & Interim CEOJohn Founders - Senior Vice President of Finance & Capital Markets Operator Greetings, everyone. Welcome to Bridger Aerospace Fourth Quarter and Fiscal twenty twenty four Investor Conference Call. As a reminder, today's call is being recorded. It is now my pleasure to introduce your host, Mr. Eric Jarrett, Chief Financial Officer. Thank ...