RED 6 PARTNERS WITH PALANTIR TO INTEGRATE ONTOLOGY SOFTWARE DEVELOPMENT KIT (OSKD)

News provided by

Mar 05, 2024, 06:59 ET

ORLANDO, March 5, 2024 /PRNewswire/ -- Today, Red 6 and Palantir Technologies Inc. (NYSE: PLTR) announced that Red 6 will integrate with Palantir's recently announced Mixed Reality platform Ontology Software Development Kit (OSDK), a MOSA Compliant, extensible data service that was built to enable all Mixed Reality applications with human-driven data and AI-assisted, actionable insights.

"The combination of Palantir's transformative data platform, coupled with Red 6's industry-leading augmented reality will transform decision making, shorten the kill chain, and make an enormous contribution to the mission command vision of the Department of Defense's Joint All-Domain Command and Control (JADC2)," stated Daniel Robinson, Founder and CEO of Red 6.

The partnership will demonstrate the capability to utilize Palantir's platform in conjunction with Red 6's Augmented Reality (AR) technology. This approach will bring timely, relevant, and actionable data directly to the warfighter while reducing their cognitive load. "The integration of decision-making platforms that Palantir offers into immersive solutions like Red 6 is key to achieving the Department of Defense's vision for the future of its distributed situational awareness and mission command. The chief outcome will enable exquisite, at-speed decisions across domains, formations, and echelons from the command center to the tactical edge," said Shyam Sankar, Chief Technology Officer at Palantir.

Red 6's AR technology is already being integrated into the T-7 with Boeing, the T-50 with Lockheed Martin, and the Hawk T-2 with BAE Systems. "Red 6 is thrilled to be on this innovation journey with Palantir and we look forward to transforming the speed and efficacy of tactical, operational and strategic level decision-making that our warfighters need to prevail in the high-end fight of the future," continued Robinson.

About Red 6

Red 6, founded in 2018, is the creator of Airborne Tactical Augmented Reality System (ATARS) and Augmented Reality Command and Analytic Data Environment (ARCADE). Red 6 systems are the first wide field-of-view, full color demonstrably proven outdoor augmented reality solution that operate in dynamic outdoor environments. Together, they bring virtual and constructive assets into the real-world by allowing pilots and ground operators to see synthetic threats in real-time, outdoors, and critically, in high-speed environments.

About Palantir

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, as applicable, Palantir's expectations regarding the amount and the terms of the contract and Option Care Health's expectations regarding the expected benefits of the Palantir software platforms and Option Care Health's expected use cases. 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 the parties' control. These risks and uncertainties include Palantir's ability to meet the unique needs of Option Care Health and its customers; the failure of Palantir's platforms to satisfy Option Care Health or perform as desired; the frequency or severity of any software and implementation errors; the reliability of Palantir's platforms; Option Care Health's ability to implement the Palantir platforms in connection with its expected use cases; and Option Care Health's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the respective filings Option Care Health and Palantir make with the Securities and Exchange Commission from time to time. Except as required by law, neither Option Care Health nor Palantir undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

SOURCE Red 6