Palmer Technologies

Palmer Technologies, Inc. is a company founded by Ray Palmer. Previously known as Queen Consolidated, Ray Palmer took it over and rebranded it as Palmer Technologies. Ray's primary goal for doing so was to help rebuild Starling City by having it renamed Star City, but also to use its resources in order to make his A.T.O.M. Exosuit, and become the vigilante known "The Atom". Palmer Technologies also formerly served as the new base of operations for Team Arrow in secret after Ray became affiliated with the team following the exposure of their previous base. The company's subsidiaries included Palmer Paper.

In one potential future, it is re-branded as Smoak Technologies.

History
Palmer Technologies became known for, among other things, producing smart wearables.

In late 2014, Ray Palmer was named CEO over Oliver Queen of Queen Consolidated. Having a new vision for the company, he rebranded it as Palmer Technologies.

Even though Isabel Rochev forcibly took over and ran Queen Consolidated into the ground to bankrupt the Queen family, their shares were still part of the company when Ray Palmer took over and made it profitable again. As a result, Oliver has 45% stock and receives money from the company to fund his vigilante activities.

In May 2015, Palmer Technologies suffered the effects of a large explosion in the CEO's office, the consequences of which resulted in the apparent death of then CEO Ray Palmer. Upon instruction left by Ray, Felicity Smoak was named as the new CEO and ran the company remotely for the first six months. Another effect was that the stock price of the company dropped as a result of Ray's assumed death - a problem that Felicity was still trying to fix months after Ray's death. When Ray was found alive Felicity offered to return the CEO position to Ray, he however declined it for the moment.

In early 2016, the board members voted Felicity out as CEO, in an initiative seemingly led by Dennis because of her lack of participation regarding their concerns about her plans with the bio-stimulant implant. Felicity didn't have the opportunity to properly explain her plan to the board because she had been busy with her duties trying to save the world with Team Arrow.

The current CEO of the company is at this moment unknown.

When Ray temporarily retired from the Legends, he was unable to resume ownership of Palmer Technologies, despite being its founder.

In one potential version of the year 2046 experienced by Rip Hunter's team, in which Ray and Sara Lance never returned from their trip to the future, it is revealed that the company was now called "Smoak Technologies". This suggests that Felicity believed that Ray was dead and eventually changed the name. Felicity is mentioned in passing to still be alive, but to have evacuated Star City after it was attacked by Grant Wilson, the second Deathstroke. Whether Smoak Technologies as a company still existed, or if it had gone under when their headquarters was abandoned, was unknown.

Known employees

 * Unknown (CEO)
 * Dennis (board of directors)
 * Ned Foster (COO)
 * Gerry Conway (executive assistant to Felicity Smoak)
 * Karla Groves (Human Resources)
 * Doug Miller (head of Applied Sciences)
 * Neal Adams (data processing)
 * Sydney Palmer (possible future employee)
 * Unnamed woman (employee; non-canon)

Former employees

 * Ray Palmer (Ex-CEO)
 * Felicity Smoak (Ex-CEO)
 * Curtis Holt (Design Innovation department)

Stockholders

 * Oliver Queen (45%)
 * Ray Palmer
 * Felicity Smoak

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