Stratum Atlas (“Atlas”, “we”, “us”) operates thestratumatlas.com, the request-access flow, and the invite-only Terminal (together, the “Services”). The Terminal is Infrastructure Deliverability Intelligence: a secure environment for asking whether physical infrastructure can be delivered, holding a personal case, attaching private evidence, and receiving outputs that trace to the filed book.
Access to the Terminal is for parties invited in connection with a commercial arrangement with Atlas (the “Services Agreement”) — a seat, a pilot, or a signed statement of work. Your right to use the Services is subject to these terms (the “Agreement”) on behalf of yourself and, where you act for an employer, partnership, or other entity, that organization (“Customer”). By using the Services or creating an account, you indicate that you have read and agree to this Agreement and the Privacy Policy at /policies/privacy, and that if you act for Customer you have authority to bind it. “You” means the individual user or Customer, as applicable.
Visiting the public site does not create a seat. Submitting a request for access does not create a seat. A seat exists only when Atlas provisions one. This Agreement may be updated as described below. The current version on this page is the one that binds you.
1. Who these terms cover
The public pages describe the product. They are not a substitute for the Terminal, and they are not a commitment that a named project, date, or score is current. Request access is a way to ask for a seat. Atlas may accept, decline, or delay a request without further obligation.
The Terminal is a professional product for infrastructure investors, lenders, insurers, developers, operators, and other invited counterparties. It is not a consumer service, not a retail investment platform, and not directed to children.
2. Term and termination
Access starts when Atlas creates your seat and ends when you, or another Customer representative with authority to manage the account, asks us to close it, or when Atlas terminates it under this section.
Atlas may change, suspend, or discontinue parts of the Services, or end this Agreement, on seven days’ written notice. Atlas may end access immediately if you breach this Agreement, if we have a good-faith concern about security or unauthorized use, or if Customer’s Services Agreement ends.
Content you or Atlas placed in the Terminal in connection with a Services Agreement may be retained for thirty days after termination. After that period Atlas may delete what remains, except records we are required to keep by law or that we hold independently as part of the public-filing book.
3. Access, credentials, and seats
You are responsible for the confidentiality of your credentials. Do not share a password or a sign-in link. You are responsible for activity under your seat. If you become aware of unauthorized use, change your credentials and notify Atlas immediately at access@stratumatlas.com.
Customer’s administrator manages who may sit on the account. Seats are provisioned to work-email addresses on Customer’s domain unless Atlas agrees otherwise in writing.
Atlas may suspend a seat or remove content we reasonably and in good faith believe violates this Agreement or applicable law, without prejudice to other rights.
4. What Atlas is — and is not
Atlas measures physical deliverability against a filed book of evidence. It connects dependencies, tracks their state, and, where coverage is sufficient, estimates probability and financial consequence. It withholds a precise score when evidence is insufficient. An answer that refuses is still an answer.
The Services are not investment advice, a credit rating, a recommendation to buy, sell, or hold any security, a legal opinion, an engineering certification, or a substitute for Customer’s own underwriting, credit, or investment judgment. You will not treat a refusal, a gap, a withheld probability, or a constructed shock as a warranty that the underlying fact is true or false, or that a date, cost, or capacity will arrive.
Atlas does not invent a score, a deal term, a COD, or a missing filing to fill a gap. Personal cases record exposure as a reported fact. They do not become a public score.
5. Acceptable use
You will not, and you will ensure authorized users will not:
- Copy, modify, distribute, sell, or lease any part of the Services to a third party
- Reverse engineer or attempt to extract source code except to the extent a law forbids that restriction
- Remove proprietary or legal notices, or create a derivative work of the Terminal or the book
- Use the Services for an unlawful purpose, or introduce malware
- Use an automated system to extract the book, the census, or any answer at a scale that is not ordinary interactive use
- Upload or transmit data that is subject to heightened privacy or security rules — including personal financial account numbers, medical information, or government identifiers — unless Atlas has agreed in writing that the Terminal will hold that class of data
- Post content that is illegal, that infringes a third-party right, or that is defamatory
- Share one Customer’s deal terms, personal cases, or private uploads with another party through the Services, or attempt to use the Terminal to discover another Customer’s confidential commercial terms
6. The evidence book and your materials
The public-filing book — demand objects, interconnection and permit records, capture rows, state gates, sponsor delivery records, and the editions they come from — is Atlas’s compilation. Primary filings remain the work of their issuers. You receive a license to use outputs of a run inside Customer’s ordinary underwriting, credit, and investment process. You do not receive ownership of the book, the models, or the method.
Personal cases, private uploads, counterparties, dates, and other materials you type or attach in the Terminal remain Customer’s. You grant Atlas a limited license to host and process those materials solely to operate the Terminal for you, to secure it, and to comply with law.
Atlas does not use Customer deal files to train a public model. Atlas does not treat a refusal as a license to invent the missing figure. Atlas does not share one Customer’s deal terms with another Customer.
7. Outputs and reliance
Outputs of the Terminal are traces to evidence plus estimates under the published method, including an explicit insufficient-evidence state. Customer remains solely responsible for decisions made with those outputs, including whether to invest, lend, insure, build, or contract.
Public marketing pages, illustrations, and simulated terminals on thestratumatlas.com are explanatory. They are not live underwriting of a named book, and they are not a warranty of any particular score.
8. Privacy and security
Atlas will use commercially reasonable technical safeguards designed to prevent unauthorized access, use, or disclosure of your account data, and will comply with applicable privacy law in operating the Services. The Privacy Policy at /policies/privacy is incorporated into this Agreement.
Atlas will treat Customer’s personal cases, private uploads, and deal terms as confidential, and will not disclose them except to personnel and processors who need them to operate the Terminal, to professional advisers under confidentiality, as required by law, or with Customer’s instruction.
9. License
Subject to this Agreement, any Services Agreement, and payment of amounts due, Atlas grants you and Customer a non-exclusive, worldwide, royalty-free, non-transferable, non-sublicensable license to use the Terminal for Customer’s internal underwriting and related professional work. The license exists only to let you use the Terminal as offered. It does not include a right to republish the book, to resell seats, or to offer a competing deliverability product built on Atlas outputs.
10. Intellectual property
As between the parties, Atlas and its licensors own the Services, the book’s compilation, the interface, the models, and all updates, outputs of the method, and derivative works of those things, including trademarks and the Stratum Atlas name. Except for the license above, Atlas reserves all rights.
If you give Atlas feedback, Atlas may use it without restriction and without obligation to you.
11. Disclaimer
To the maximum extent allowed by law, Atlas disclaims all warranties of any kind (express, implied, statutory, or otherwise), including implied warranties of merchantability, accuracy, title, non-infringement, and fitness for a particular purpose, and any warranties arising from course of dealing or usage of trade. Use of the Services is at your sole risk. The Services are provided “as is” and “as available.” Atlas does not warrant that a date will arrive, that a bind will clear, that a sponsor will keep the next promise, or that a score will be published when evidence is insufficient.
12. Limited liability
Neither party is liable for incidental, indirect, consequential, punitive, special, or exemplary damages (including lost profits or loss of business), even if advised of the possibility. To the extent permitted by law, Atlas’s total cumulative liability related to this Agreement is limited to the fees Customer paid to Atlas for the Terminal in the twelve months before the claim, or five thousand US dollars ($5,000), whichever is greater. Multiple claims do not enlarge this limit. Nothing in this section limits liability that cannot be limited under applicable law, including death or personal injury caused by negligence or liability for fraud.
13. Indemnity
You and Customer will defend, indemnify, and hold Atlas harmless from claims, damages, losses, and reasonable legal fees arising from (i) your breach of this Agreement, (ii) your use of the Services other than as permitted here, or (iii) your violation of a third-party right, including privacy or intellectual-property rights. This obligation survives the Agreement and your use of the Services.
14. Miscellaneous
Amendment. Atlas may modify this Agreement by posting a new version on this page. Continued use after the update is posted constitutes acceptance. The “Last updated” date is the version date.
Relationship. The parties are independent contractors. Nothing here creates a partnership, joint venture, or agency.
Notices. Send notices under this Agreement in writing to access@stratumatlas.com. Atlas will send notices to the email on your seat. Either party may update its notice address by written notice.
Assignment. Neither party may assign this Agreement without the other’s prior written consent, except in connection with a merger, reorganization, or sale of substantially all assets or equity. Atlas may assign this Agreement to an affiliate. The Agreement binds successors and permitted assigns.
Governing law. This Agreement is governed by the laws of the State of Delaware, without regard to conflict-of-law rules. Courts in Delaware have exclusive jurisdiction, except that either party may seek interim relief in any court of competent jurisdiction to protect its rights or property.
Trade laws. Access to the Services is subject to US export and sanctions rules and similar laws elsewhere. You will not use the Services if you are a restricted person or in a territory then embargoed under those rules.
US government. If the Services are used by or for the US government, they are a commercial item. Government rights in the software and data are only those in these commercial terms, except additional technical-data rights the Department of Defense may acquire under DFARS 252.227-7015(b).
Force majeure. Atlas is not liable for delay or failure caused by events beyond its reasonable control, including outages of issuer portals, agency systems, or infrastructure we do not operate.
Severability and waiver. If a term is held unenforceable, the rest remains in force. Failure to exercise a right is not a waiver.
Survival. Sections on intellectual property, confidentiality of Customer materials, disclaimer, limited liability, indemnity, and miscellaneous terms survive termination.
Order of precedence. A signed Services Agreement continues in force. If a term here is expressly inconsistent with that agreement, this Agreement controls solely for access to the Terminal, unless the Services Agreement recites an intent to supersede the specific term.
Entire agreement. This Agreement and any Services Agreement are the entire understanding on the subject and supersede prior discussions about access to the Services.