According to an exemplary embodiment, an airbag system includes an airbag cushion, a housing, an inflator, a latch mechanism, and a valve panel. The airbag cushion defines an inlet and a chamber. The house is coupled to the airbag cushion generally proximate the inlet. The inflator is coupled to the housing and is in fluidic communication with the inlet. The latch mechanism is coupled to the housing. The valve panel has a first end coupled to the airbag cushion generally opposite the inlet and includes a second end releasably coupled to the latch mechanism. The airbag cushion includes one or more vent apertures through a surface thereof. The valve panel includes one or more valve apertures and is disposed in the chamber generally adjacent the surface of the airbag cushion. The valve panel is configured to slide relative to the airbag cushion from a first position to a second position before being released by the latch mechanism to move to a third.