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Palantir to Deliver Electromagnetic Battle Management - Joint Decision Support (EMBM-J DS) Prototype to the Defense Information Systems Agency (DISA)DENVER, Mar. 29 /BusinessWire/ -- Palantir Technologies Inc. (NYSE:PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to deliver an Electromagnetic Battle Management - Joint Decision Support (EMBM-J DS) Prototype. This effort will provide the Department of Defense with a cutting-edge software capability to support Joint Electromagnetic Spectrum Operations (JEMSO). The award of prototype Other Transaction Authority (OTA) Agreement is worth $9.8 million over twelve months."The next iteration of the program addresses the need for a decision support capability by providing joint force commanders with a first-of-its-kind planning tool that can automate key operational electromagnetic spectrum planning processes," said Donny Williams, PEO Spectrum chief of spectrum information systems. "We are excited to continue our work with DISA PEO Spectrum and deliver our technology to accelerate the Department of Defense's achievement of spectrum dominance," said Dr. Miriam Marwick, SVP of Emerging Technologies at Palantir USG. "Through our extensive work with the operational community, we have learned a great deal about the impact of electromagnetic spectrum on recent conflicts and are working diligently to apply these lessons to meet the challenges of contested battlespaces." "DISA should be commended for their leadership in enabling warfighter decision-making in future battlefields," said Akash Jain, President of Palantir USG. "We are proud to have been selected through DISA's competitive procurement process and look forward to rapidly delivering a minimum viable capability to integrate EMBM-J DS into all aspects of mission planning." EMBM-J DS represents the next phase of Palantir's ongoing investment in spectrum operations capabilities and will support joint planning efforts through JEMSO planning processes. The capability is being designed to integrate with service-provided Electromagnetic Battle Management tools and processes, maximizing interoperability between combatant command and Joint Task Force JEMSOCs and their counterparts at the component level. "The ability to ingest component-level courses of action and schemes of maneuver into an overall joint plan and evaluate the associated electromagnetic spectrum opportunities and risks will be a significant technological leap forward for EMS operational planners," said Betsy Park, EMBM-J program manager. "EMBM-J will play a critical role in ensuring that our forces are able to achieve EMS superiority across every warfighting domain." About Palantir Technologies Inc. Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise. View source version on businesswire.com: https://www.businesswire.com/news/home/20240329562119/en/
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