Lockheed Martin, PG&E partner to launch 'Emberpoint' to provide advanced wildfire protection

Watch on YouTube ↗  |  January 26, 2026 at 19:55  |  3:27  |  CNBC
Speakers
James Taiclet — CEO, Lockheed Martin
Patti Poppe — CEO, PG&E

Summary

Lockheed Martin CEO James Taiclet and PG&E CEO Patricia Poppe discuss the launch of Emberpoint, a joint venture with Salesforce and Wells Fargo to improve wildfire detection, prevention, and first-responder coordination. The companies have committed up to $100 million to scale the technology nationally. Poppe says PG&E has already invested in fire-risk prediction and prevention and that the venture can help share those benefits with other utilities and customers, potentially supporting lower rates.

  • Lockheed Martin, PG&E, Salesforce, and Wells Fargo launch the Emberpoint joint venture.
  • Emberpoint targets earlier fire detection, prevention, and better mitigation coordination.
  • The four companies have committed up to $100 million to address wildfire risk nationally.
  • PG&E says it has invested significantly in fire-risk technology and improved safety performance.
  • Emberpoint aims to combine Lockheed and PG&E technologies and scale adoption by other utilities.
  • PG&E says benefits could be shared with customers and may support lower electricity rates.
Ideas
James Taiclet CEO, Lockheed Martin 0:31
Lockheed co-leads Emberpoint wildfire venture.
Lockheed Martin is co-leading the Emberpoint joint venture with PG&E, Salesforce, and Wells Fargo, committing part of up to $100 million to address wildfire risk nationally. The venture aims to combine Lockheed's technology with PG&E's grid-safety capabilities to help first responders detect fires earlier, prevent their spread, and enhance mitigation coordination.
LMT MED
Patti Poppe CEO, PG&E 2:06
PG&E Emberpoint improves wildfire safety.
PG&E has invested significantly in technology to predict and prevent wildfire ignitions and says its performance has improved since the 2018 Camp Fire. Through Emberpoint, it can combine its technology with Lockheed's and share it with other utilities at scale, making its grid safer and, with regulator approval, returning benefits to customers while creating a return on investment.
PCG MED
Up Next
3:51
Calls of the Day: Wynn, Cummins, Boston Scientific, Applovin and Monster Beverage
CNBC · Jan 26
35:12
What Coinbase Ventures Is Buying in Crypto Right Now w/ Hoolie Tejwani
Milk Road Daily · Jan 26
2:54
Fed Expected to End Rate-Cutting Cycle This Week
Bloomberg Markets · Jan 26
30:53
White House press secretary Karoline Leavitt holds a briefing with reporters — 1/26/2026
CNBC · Jan 26
7:57
Tech CEOs eye real returns from AI
CNBC · Jan 26

This CNBC video, published January 26, 2026, features James Taiclet, Patti Poppe discussing LMT, PCG. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: James Taiclet, Patti Poppe  · Tickers: LMT, PCG