Welcome to our dedicated page for Palantir Technologies news (Ticker: PLTR), a resource for investors and traders seeking the latest updates and insights on Palantir Technologies stock.
Palantir Technologies Inc. (PLTR) delivers cutting-edge data integration solutions for government and commercial sectors through its Foundry and Gotham platforms. This news hub provides investors and analysts with verified updates about the company's operational developments, strategic partnerships, and technological innovations.
Access official press releases covering earnings reports, government contract awards, product enhancements, and executive leadership changes. Our repository ensures timely access to material disclosures that impact market understanding of Palantir's position in defense technology and enterprise analytics.
Key updates include platform deployment milestones, federal sector engagements, and commercial expansion efforts. All content is curated to meet investor needs for compliance-ready information while maintaining accessibility for those monitoring data analytics industry trends.
Bookmark this page for streamlined tracking of Palantir's progress in transforming complex data into actionable intelligence across critical infrastructure and national security domains.
University of California, Irvine (UCI) has entered into a five-year strategic partnership with Syntropy to enhance healthcare data usage. This collaboration aims to improve patient care by integrating clinical, research, and patient-reported data seamlessly. With healthcare data growing at 36% annually, the partnership seeks to unlock underutilized data to drive better health outcomes. Both organizations emphasize the importance of collaboration to foster scientific innovation and advance population health management.
Palantir Technologies (NYSE: PLTR) has been selected by the U.S. Army for the Capability Drop 2 (CD-2) program. This follows their progress in an $823 million indefinite delivery contract. Palantir will implement the Gotham Platform to enhance Army Intelligence with advanced data integration and analytics. The project aims to modernize the Army's capabilities for future operations against emerging threats. Palantir is also engaged in additional modernization efforts, including Capability Drop 1 and the Tactical Intelligence Targeting Access Node.
Palantir Technologies Inc. (NYSE:PLTR) has secured a contract from the NIH's NCATS to provide a cloud-based data enclave for COVID-19 research, valued at
BlackSky Holdings announced a strategic collaboration with Palantir Technologies (NYSE: PLTR) involving an equity investment, scheduled to finalize after BlackSky's business combination with Osprey Technology Acquisition Corp (NYSE: SFTW). This partnership enhances BlackSky's real-time geospatial intelligence capabilities, giving Palantir customers direct access to its satellite data. The collaboration includes a multi-year software subscription for Palantir Foundry, aimed at improving delivery of high-resolution imagery and analytics. A special stockholder meeting for Osprey is set for September 8, 2021.
BlackSky Holdings, a global geospatial intelligence provider, has completed a joint pilot project with Palantir Technologies that integrates BlackSky's satellite imagery and analytics into Palantir Foundry. The collaboration showcased the potential of real-time insights for geospatial intelligence, enhancing decision-making for global monitoring. BlackSky's platform, Spectra AI, allows for rapid insight delivery without human intervention. The company also plans to close its business combination with Osprey Technology Acquisition Corp (SFTW) in Q3 2021, further solidifying its market position.
Palantir Technologies announced robust Q2 2021 results, reporting a 49% revenue growth year-over-year to $376 million. US commercial revenue surged by 90% year-over-year, with 62 deals worth $1 million or more closed. The company added 20 net new customers, growing total customers by 13% quarter-over-quarter. Cash flow from operations reached $23 million, and adjusted free cash flow hit $50 million. The outlook for Q3 2021 anticipates $385 million in revenue. The full-year adjusted free cash flow is raised to exceed $300 million.
Palantir Technologies Inc. (NYSE: PLTR) will release its second-quarter results on August 12, 2021, before U.S. market open. A conference call will follow at 6:00 AM MT / 8:00 AM ET to discuss the earnings. Shareholders can engage in a live Q&A session by submitting questions through a dedicated platform until 24 hours before the call. Palantir specializes in enterprise data platforms, aiding diverse sectors from aviation to drug discovery by transforming data utilization.
Tritium and Decarbonization Plus Acquisition Corporation II (DCRN) announced a PIPE agreement with Palantir Technologies (PLTR) on July 27, 2021. Palantir will invest in Tritium DCFC Limited (NewCo) as part of the business combination with DCRN. The investment is contingent on completing the business combination and aims to enhance Tritium's technology development and market expansion. Palantir's Foundry platform will provide Tritium with advanced data analytics capabilities, supporting its growth in the electric vehicle (EV) sector.
Palantir Technologies (NYSE:PLTR) has received a one-year contract renewal from the U.S. Department of Health and Human Services (HHS) to support COVID-19 vaccine distribution efforts. The company will continue to provide its software platform, Tiberius, which facilitates tracking of vaccine production, distribution, and administration. This contract enables Palantir to assist both domestic and international vaccine distribution, reinforcing its commitment to enhancing public health response amid ongoing pandemic challenges.
Palantir Technologies (NYSE:PLTR) has launched Foundry for Builders, aimed at assisting early-stage companies by providing access to its Foundry platform. This initiative enables start-ups across various sectors, such as healthcare, fintech, and robotics, to leverage a scalable data management system that supports data-driven decision-making. Initially, Foundry will be available to companies linked to Palantir alumni, expanding later to other start-ups. Foundry serves as a fully managed SaaS, enhancing operational efficiency and ensuring data security.
