DENVER, March 8, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that it has been selected by the Department of State to provide the Bureau of Medical Services (MED) with a platform for effective data management and data-driven decision-making. This competitively awarded BPA contract is worth $99.6 million over five years.

Palantir software will be used by MED to establish a new enterprise data management platform for the department, titled Project Axiom. With MED's mission to advance the health, safety, and readiness of State Department personnel, Axiom will provide the Bureau with a common operational picture to better protect the diplomatic workforce and their families through data-informed decision-making. More specifically, the platform will help improve the Bureau's ability to react swiftly to global crises by enabling workflows related to emergency management and preparedness, mission tracking and logistics, aviation operations, and medical support. 

As part of the Department of State's broader digital modernization efforts, this project will provide MED with a new set of tools and capabilities to safeguard and promote the health and well-being of America's diplomatic community. Axiom is at the core of a digital transition to enhance the delivery of proactive and efficient medical support to chief of mission personnel following a crisis, natural, or man-made disaster. This health-focused, enterprise-wide data integration and analytics platform will enable Bureau and Department leadership to make rapid decisions that reduce risk to mission and safeguard and promote the health and well-being of America's diplomatic community. 

"America's diplomatic workforce is one of the first lines of engagement between the U.S. and the rest of the world, and ensuring their safety and health is paramount to advancing international relations. We're honored to bring Palantir's proven software to the State Department to better understand and proactively manage operations that help protect these individuals and their families abroad," said Akash Jain, President, Palantir USG. 

This new contract builds on Palantir's ongoing work with the State Department in the area of global health and medicine. 

"We are proud to expand our partnership with the State Department and support this critical mission to safeguard our diplomatic workforce," said Mahtab Emdadi, State Department Lead at Palantir. "We look forward to continuing to work alongside the Department to further their goals of data-driven diplomacy through the use of innovative technologies."

Palantir first began working with the State Department in 2017, supporting HIV/AIDS analysis for the U.S. President's Emergency Plan for AIDS Relief (PEPFAR) through the Office of the U.S. Global AIDS Coordinator and Health Diplomacy. 

About Palantir Technologies Inc.Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.

Forward-Looking StatementsThis 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.

Media Contact Lisa Gordon, media@palantir.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/department-of-state-selects-palantir-to-modernize-data-management-for-the-bureau-of-medical-services-301765270.html

SOURCE PALANTIR TECHNOLOGIES INC.