Zapata AI (NASDAQ: ZPTA), a leader in AI solutions for large
enterprises and the defense sector, today announced the first
commercial agreement of its partnership with MAG Aerospace (“MAG”).
MAG is the leading independent defense contractor providing
full-spectrum outsourced ISR (intelligence, surveillance,
reconnaissance) services for manned and unmanned systems, and a
full spectrum of multi-domain deep sensing capabilities, including
cyber, electronic warfare, and tactical communications in theaters
around the world. In the initial phase of the partnership, Zapata
will build foundational elements of MAG’s next-generation
integrated surveillance platform.
The Zapata and MAG teams will work to enable
next-generation ISR relying upon advanced sensor fusion technology,
bringing together airborne and ground-based sources, and a wide
variety of signal and sensor types – such as radar, camera, SIGINT,
LiDAR, and thermal imaging – powered by real-time data processing,
correlation, image classification, and decisioning at the edge to
automate target acquisition, identification, and tracking. The
teams will also build reconfigurable software packages based on
specific mission objectives, along with dynamic communications to
optimize how information is collected, fused, and shared across
contested networks. This integration represents a significant step
forward in ISR capabilities, with significantly improved
performance in enabling tactical decision superiority across any
number of challenging operational environments.
"As the battle space becomes more digitized,
Zapata’s ability to rapidly build and deliver AI solutions that
deliver real-time situational awareness and decision support,
including on the edge and in contested environments, is the unique
value we deliver as a mission partner,” said Christopher Savoie,
Zapata AI Co-founder & CEO. “The partnership with MAG showcases
how Zapata’s innovative approach to AI can solve complex,
real-world challenges, and we’ll help push the boundaries of what's
possible for the next generation of airborne ISR, while helping MAG
better serve its customers in achieving their mission
objectives."
Zapata AI will leverage its Orquestra®
Enterprise Solution to drive rapid algorithm development and
integration in MAG’s systems. Zapata’s technological expertise lies
in the ability to ingest large and varied time series data streams,
sensors, and other signals, including in low connectivity
environments, make sense of the data, and deliver back to the user
real-time insights, anomaly detection, and accurate predictions for
what will happen next. These capabilities lie at the heart of ISR
and the decision cycles necessary in tactical environments.
"MAG’s mission is to make the world smaller and
safer. We serve our customers anywhere in the world under extreme
and austere operating conditions. As the decisions in our operating
theaters becomes faster paced, we must look to partner with
non-traditional AI and software providers who can rapidly deliver
innovations to help us deliver solutions to maintain our customers’
tactical decision superiority. We are excited to partner with a
company like Zapata AI to help drive this transformative effort,"
said Donald Robinson PhD, MAG Chief Strategy Officer.
“One of MAG’s greatest strengths is our ability
to rapidly move innovations from a concept to fully operational in
weeks or months, not years. Zapata has a proven ability to deploy
AI applications for fast moving vehicles with complex telemetry and
streaming data, while providing real-time decision support in high
stakes environments such as INDYCAR racing. Merging Zapata’s
experience with Andretti Racing and MAG’s ability to quickly and
efficiently innovate, this partnership aims to create algorithmic
mission packages that work with the complex platforms MAG
integrates and operates for its customers.”
The MAG partnership adds to Zapata AI's
experience in the United States Department of Defense sector. As
the only company participating across all tracks of the Defense
Advanced Research Projects Agency (DARPA) Quantum Benchmarking
program, and the company’s development partnership with USSOCOM,
along with several late stage agreements and partnerships, Zapata
AI is leading groundbreaking efforts in applying its
quantum-enabled algorithms, sensor intelligence and anomaly
detection technology, proprietary AI capabilities, and proven
delivery methodology to produce results in environments where
“intelligence anywhere”, speed, and accuracy are mission
critical.
About Zapata AIZapata AI
(NASDAQ: ZPTA) is a leader in enterprise AI solutions, helping
solve the Fortune 500’s toughest mission critical challenges
through specialized, computational models powered by
quantum-enabled algorithms which excel in handling complex, time
series, and numerical data.
Founded out of Harvard University computer
science and quantum labs, Zapata AI helps large enterprises and the
defense sector unlock the promise of AI with industrial-grade
solutions powered by Orquestra®, the company’s proprietary software
development platform that accelerates the Model Development
Lifecycle (MDLC). Zapata AI's innovative approach delivers
real-time, actionable insights across industries such as
manufacturing, finance, energy, and defense, enabling immediate,
accurate decision-making in high-stakes environments. With one of
the largest patent libraries for enterprise AI and quantum
computing, Zapata AI delivers practical, efficient AI solutions
while ensuring data governance and security. For more information,
visit www.zapata.ai
About MAG AerospaceMAG is the
leading independent provider of manned/unmanned full-spectrum
outsourced intelligence, surveillance, and reconnaissance (ISR)
services, with 1,000+ employees operating 200+ platforms over
100,000 flight hours annually on 6 continents. MAG offers turnkey
C5ISR services (ISR operations, ISR training, tactical
communications, specialized logistics and technology services)
through a technology agnostic approach to government,
international, and commercial customers globally. MAG has secured
diverse contracts with highly sought after customers across
multiple end markets. MAG is headquartered in Fairfax,
Virginia. MAG is part of the New Mountain Capital portfolio,
leading technology-focused private equity firm.
Contacts:For Zapata AIMedia:
press@zapata.aiInvestors: investors@zapata.ai
Forward-Looking
Statements This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, as amended, that are
subject to risks and uncertainties and are made pursuant to the
safe harbor provisions of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements generally are
accompanied by words such as “aim,” “believe,” “may,” “will,”
“intend,” “evolve,” “expect,” “should,” “would,” “plan,” “predict,”
“potential,” “progress,” “seem,” “seek,” “future,” “outlook,” and
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding anticipated interest by telecommunication
companies in our offerings and the ability of our technology to
transform the telecommunications industry. These statements are
based on the current expectations of Zapata AI’s management and are
not predictions of actual performance. The inclusion of
forward-looking statements should not be regarded as a
representation that such plans, estimates and expectations will be
achieved. Readers are cautioned not to place undue reliance on the
forward-looking statements contained herein, which speak only as of
the date hereof. The Company undertakes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by law. Risks and uncertainties that could cause our
actual results to materially differ from those described in the
forward-looking statements include, but are not limited to, (i)
failure to realize the benefits expected from the business
combination; (ii) our ability to successfully market and deploy our
Generative AI solutions to telecommunications companies (iii) a
decline in the price of our securities if we fail to meet the
expectations of investors or securities analysts; (iv) our ability
to attract new customers, retain existing customers, and grow;
competition in the generative AI industry; (v) our ability to raise
additional capital on non-dilutive terms or at all; (vi) our
ability to improve our operational, financial and management
controls; (vii) failure to maintain and enhance awareness of our
brand; (viii) increased costs associated with operating as a public
company; (ix) protection of proprietary rights; intellectual
property infringement, data protection and other losses; and (x)
other risks and uncertainties described in our filings with the
Securities and Exchange Commission.
Zapata Computing (NASDAQ:ZPTA)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Zapata Computing (NASDAQ:ZPTA)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024