As seen in the Arrowverse, Legends of Tomorrow and other DC Universes, Palmer Technologies is a company founded by Ray Palmer. Previously known as Queen Consolidated, Ray Palmer took it over and rebranded it as Palmer Technologies. It is the leading producer of bioimplants and smart wearable technology.
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. Later, 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.