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Stock impact report

MAG Aerospace Partners with Zapata AI to Deliver Next-Generation Airborne Surveillance Platform

Zapata Computing Holdings Inc. (ZPTA) 
Company Research Source: GlobeNewswire
BOSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- 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 Show less Read more
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