Booz Allen Invests in Reveal Technology, Inc.

Rhea-AI Summary

Booz Allen Hamilton (NYSE: BAH) announced a strategic investment in Reveal Technology, Inc., enhancing its edge analytics capabilities. Reveal's Farsight software provides special operators with actionable intelligence in high-risk environments without the need for network connectivity. This technology integrates into Booz Allen's Digital Battlespace platform, accelerating tactical decision-making. The investment reflects Booz Allen’s commitment to dual-use technologies in defense and public sector missions, with potential applications in natural disaster response and public safety.

Positive

• Strategic investment in Reveal Technology enhances Booz Allen's edge analytics capabilities.
• Reveal's Farsight software enables real-time intelligence for special operations.
• Expansion of Booz Allen's Digital Battlespace platform with advanced AI and machine learning technology.
• Potential applications of Reveal's technology in various mission-critical scenarios.

Negative

• None.

Strengthens Firm’s Edge Analytics Capabilities, Tactical Decision Making in the Digital Battlespace

MCLEAN, Va.--(BUSINESS WIRE)-- Booz Allen Hamilton (NYSE: BAH) announced it made a strategic investment in Reveal Technology, Inc., a visual analytics and edge artificial intelligence (AI) company.

Blending state-of-the-art computer vision, AI, and edge computing technologies, Reveal delivers intuitive, rapid intelligence at the austere tactical edge where power, compute, and bandwidth are often in short supply. The company’s Farsight software platform provides special operators and squads in high-risk environments with actionable intelligence, surveillance and reconnaissance (ISR) capabilities at the unit level—without the need for network connectivity and on timelines measured in minutes and seconds, not hours and days.

Farsight’s AI-powered insights and decision aids—including real-time 2D mapping, near-real-time-3D mapping, line of sight analysis, and route planning—reduce the cognitive burden on troops and enable faster, better decisions and response. This technology adds critical capabilities to Booz Allen’s Digital Battlespace platform, which supports global defense clients in an information-driven, fully integrated conflict space across all warfighting domains and where success depends on critical networks—communications; intelligence; positioning, navigation, and timing; and equipment—working together even in communications-challenged, denied, or degraded environments.

“Reveal has developed solutions that increase situational awareness and accelerate the decision cycle for dismounted warfighters. Their technology provides rapid, actionable intelligence at the squad and soldier levels while answering the government’s call for speeding the delivery of applied and tactical AI to the battlefield,” said Joel Dillon, Booz Allen senior vice president of digital battlespace special missions. “It’s a gamechanger—and something I wish I had when I was in combat.”

Booz Allen is committed to investing in strategic, defense-first, dual-use technologies that help speed up the adoption of advanced commercial technologies for public sector missions. Beyond special operations, there is future potential to apply Reveal’s technology to such mission-critical use cases as natural disaster response, public safety crises, maritime search and rescue, and more.

“Since 2015, Booz Allen has been scouting dual-use capabilities in emerging tech including across all areas of AI/ML to the edge. Because of where we are placed in the innovation ecosystem we are uniquely positioned to help the government find, vet, access and field these emerging technologies to deliver impact faster to important programs of record,” said Brian MacCarthy, Booz Allen vice president of tech scouting and ventures. “By investing in leading-edge companies like Reveal, we are bringing machine learning and AI to the edge—capabilities that are central to prevailing in the digital battlespace.”

Founded in 2018, Reveal is a company of elite combat veterans, special operators, and top-tier technologists who truly understand the mission and the challenges of combat.

“Reveal has earned its position as the industry’s leading edge geospatial intelligence technology. Farsight is specifically designed to meet tactical operators’ critical needs by delivering applied AI and rapid situational awareness through best-in-class 3D map creation, automated video and imagery exploitation, and sensor- and platform-agnostic edge data processing. The result is faster, better and safer decision-making for warfighters at the tactical edge. It’s the key for the future of human-machine teaming,” said Garrett Smith, Reveal Technology co-founder and CEO.

As the largest provider of AI services for the federal government, Booz Allen delivers some of the most advanced AI, ML and data architecture technologies, services and strategies through its work with the Joint AI Center, Army Futures Command and U.S. Air Force Air Combat Command, among others.

Learn more about Booz Allen’s Digital Battlespace platform at https://www.boozallen.com/d/solution/digital-battlespace.html.

BAHPR-CO

About Booz Allen Hamilton

For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by its most sensitive agencies. We work shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision.

With global headquarters in McLean, Virginia, our firm employs approximately 29,500 people globally as of December 31, 2021, and had revenue of $7.9 billion for the 12 months ended March 31, 2021. To learn more, visit www.boozallen.com. (NYSE: BAH)

About Reveal Technology

Reveal Technology, Inc., represents the new generation of defense technology companies, building mobile software that allows warfighters to leverage the power of applied AI to make better, faster decisions in high-risk environments. Headquartered in Silicon Valley, Reveal was co-founded by Garrett Smith, former combat-decorated Marine Corps Force Recon Officer, who completed two combat tours and earned a BYU BA and Stanford MA; Andrew Dixon, former Marine Corps Infantry Officer and Unmanned Mission Commander, who completed one combat tour and earned a Princeton BA; Parker Clark who served as CTO of one of the largest domestic commercial drone companies and graduated #1 from Stanford Engineering with BS degrees in EE/MS; and John Laxson, who has served in a variety of software leadership roles throughout the industry and is a Stanford graduate with a BS in CS. Follow us on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220419005102/en/

Jessica Klenk, Booz Allen Media Relations: klenk_jessica@bah.com

Laura S. Adams, Booz Allen Investor Relations: Adams_Laura_S@bah.com

Source: Booz Allen Hamilton Holding Corporation

FAQ

What is Booz Allen Hamilton's recent investment?

Booz Allen Hamilton has made a strategic investment in Reveal Technology, Inc. to enhance its edge analytics capabilities.

How does Reveal Technology's Farsight software benefit military operations?

Farsight provides actionable intelligence and surveillance capabilities in high-risk environments, facilitating faster decision-making for special operators.

What is Booz Allen's Digital Battlespace platform?

The Digital Battlespace platform integrates advanced technologies to support global defense clients in complex environments.

What impact does the investment in Reveal have on Booz Allen's future?

The investment supports Booz Allen's commitment to dual-use technologies and expands potential applications in defense and public safety.

What are the potential applications of Reveal Technology's solutions?

Reveal's solutions can be applied to natural disaster response, public safety crises, and other mission-critical scenarios.