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Palantir Technologies Inc. (symbol: PLTR) builds advanced software platforms that empower human experts to perform robust, collaborative data analysis at scale. Established in 2003 and headquartered in Palo Alto, CA, Palantir has made significant strides in the tech industry. Its software is utilized across public institutions, private enterprises, and non-profit sectors to address the complex task of making sense of large, diverse datasets in a responsible manner.
Palantir's key offerings include the Palantir Gotham and Palantir Foundry platforms. Gotham enables institutions to integrate, visualize, and analyze massive amounts of data for critical missions, ranging from defense and anti-fraud initiatives to disease response. Foundry, on the other hand, serves commercial clients by enhancing their data-driven decision-making processes.
The company went public in 2020 and has continuously expanded its global presence, with offices worldwide. Recent achievements include the expansion of strategic partnerships and the deployment of its technologies in various high-impact areas. Financially, Palantir has shown a strong performance, reflecting its growing influence and market penetration.
Palantir’s solutions are pivotal in revolutionizing how organizations approach data integration and analysis. By providing cutting-edge tools that enhance efficiency and accuracy, Palantir continues to support some of the world's most critical missions.
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Palantir Technologies and AirMatrix have announced a strategic partnership to accelerate and scale drone operations. Through the partnership, AirMatrix's clients will have access to airspace security and risk mitigation through Palantir Foundry. The Foundry Ontology allows the extraction of valuable insights from complex data landscapes, enabling seamless and efficient operation of drones and low-altitude vehicles.
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Palantir Technologies Inc. expands its partnership with Carahsoft Technology Corp. to make its Apollo Platform available to the Public Sector through Carahsoft's reseller partners and contract vehicles. This will simplify the procurement process for government agencies and allow them to solve critical mission challenges using Palantir's software.
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Palantir announces sponsorship of Ukrainian tennis player and humanitarian Elina Svitolina, deepening support for Ukraine
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Palantir Technologies Inc. has partnered with Panasonic Energy Co., Ltd. to deliver a 'Smart Factory' for the Panasonic Energy of North America (PENA) facility in Nevada. The partnership will utilize Palantir's Foundry platform to integrate edge sensors, introduce automated efficiencies, and enable connected operations. The 'Smart Factory' will guide operational decision-making and generate cost savings for PENA. The partnership aims to increase return on investment and improve operational excellence.
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Palantir Technologies Inc. announced the launch of Palantir Foundry for Manufacturing on Amazon Web Services (AWS). This offering allows users to merge industrial data, decisions, and operations to fully harness manufacturing data. Foundry for Manufacturing on AWS helps manufacturers integrate and contextualize their data assets and unlock powerful applications. Foundry is becoming the primary operating system at Integrity Tool & Mold's largest plant in Windsor, Canada. Panasonic Energy Co., Ltd. and Jacobs have also deployed Foundry on AWS to improve their manufacturing operations.
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Palantir Technologies Inc. has been awarded a multi-year contract worth up to $463 million from the US Special Operations Command (USSOCOM) to deliver technology solutions. The contract will support enterprise capabilities and help ensure the competitive advantage of USSOCOM. Palantir's software capabilities enable decision-making by parsing large amounts of data. The company is driving innovations in Large Language Models (LLMs) and edge processing to enhance warfighters' ability to integrate and utilize real-time information.
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Jacobs and Palantir Technologies Inc. announced an expansion of their partnership to commercialize new AI solutions across multiple sectors. The partnership aims to leverage Palantir's AI capabilities to create value for clients by providing transparency, guardrails, and security solutions. Jacobs will incorporate Palantir AIP to unlock speed, efficiency, and informed decision-making for their clients. The focus will be on critical infrastructure, advanced facilities, and supply chain management.
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Palantir Technologies Inc. (NYSE: PLTR) will publicly live stream its AIPCon customer conference on June 1, 2023. The conference will focus on the rapid adoption of Palantir AIP and feature keynotes from various customer executives. Palantir CEO Alex Karp and CTO Shyam Sankar will also provide updates on the newest release of Palantir AIP and AI in Foundry.
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Palantir Technologies Inc and the Ministry of Digital Transformation of Ukraine have announced a partnership to support the defense and reconstruction of Ukraine after the Russian invasion. The partnership will focus on cataloging and assessing damage, optimizing reconstruction, and enhancing digital capabilities. Palantir will contribute to Ukraine's digitalization efforts and integration into the international market. The company has been supporting Ukraine since the invasion, providing software to Ukrainian forces and assisting with refugee resettlement.
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Palantir and C&A have announced the development of an Integrated Management Flow system using the Palantir Foundry platform. The software will help C&A optimize their inventory and supply chain, leading to increased sales and reduced overstock.
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FAQ
What is the current stock price of Palantir Technologies (PLTR)?
The current stock price of Palantir Technologies (PLTR) is $68.14 as of January 15, 2025.
What is the market cap of Palantir Technologies (PLTR)?
The market cap of Palantir Technologies (PLTR) is approximately 153.7B.
What is Palantir Technologies Inc. known for?
Palantir Technologies Inc. is known for building software platforms that help experts perform powerful, collaborative analysis of large datasets.
What are the main products of Palantir?
Palantir’s main products include Palantir Gotham and Palantir Foundry. Gotham serves public institutions, while Foundry is aimed at commercial clients.
When was Palantir Technologies Inc. founded?
Palantir Technologies Inc. was founded in 2003.
Where is Palantir Technologies Inc. headquartered?
Palantir Technologies Inc. is headquartered in Palo Alto, CA.
When did Palantir go public?
Palantir went public in 2020.
What sectors does Palantir serve?
Palantir serves public institutions, private enterprises, and non-profit organizations.
What is Palantir Gotham used for?
Palantir Gotham is used for integrating, visualizing, and analyzing large amounts of data, particularly for defense, anti-fraud, and disease response missions.
What is the purpose of Palantir Foundry?
Palantir Foundry is designed to enhance data-driven decision-making processes for commercial clients.
How has Palantir expanded recently?
Palantir has expanded through strategic partnerships and by deploying its technologies in various high-impact areas.
What impact do Palantir's solutions have on organizations?
Palantir's solutions help organizations efficiently and accurately integrate and analyze data, thus supporting critical missions and enhancing overall performance.
Palantir Technologies Inc.
NYSE:PLTR
PLTR Rankings
PLTR Stock Data
153.72B
2.17B
5.1%
50.89%
3.39%
Software - Infrastructure
Services-prepackaged Software
United States of America
DENVER