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Philips Bags $25M Contract to Advance AI-based Predictive Health Monitoring

Philips, a global health technology company developing innovative solutions for the healthcare sector, has secured $25 million from the U.S. Department of Defense (DoD) to improve predictive health monitoring of military officers. Under the deal, Philips will enhance the development and deployment of the military-grade Rapid Analysis of Threat Exposure (RATE) algorithm, ensuring personnel’s well-being in environments with potential health threats.

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