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Palantir Expands Army Vantage Partnership with $618.9M Contract

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Palantir Technologies (PLTR) has extended its partnership with the U.S. Army through a contract worth $400.7 million over four years, with a total ceiling of $618.9 million. The agreement continues the Army Vantage capability support for the Army Data Platform (ADP) through 2028.

Since 2018, the Army has used Palantir's software for data and AI integration, supporting various domains including readiness, logistics, recruiting, and management. The Vantage program currently serves over 100,000 users and integrates more than 180 unique data sources, achieving record-high usage in 2024. The platform enables AI-powered data solutions for improved operational efficiency and decision-making across the Army enterprise.

Palantir Technologies (PLTR) ha esteso la sua partnership con l'Esercito degli Stati Uniti attraverso un contratto del valore di 400,7 milioni di dollari per quattro anni, con un tetto totale di 618,9 milioni di dollari. L'accordo continua a supportare la capacità Army Vantage per la Piattaforma Dati dell'Esercito (ADP) fino al 2028.

Dal 2018, l'Esercito ha utilizzato il software di Palantir per integrazione dei dati e intelligenza artificiale, supportando vari ambiti tra cui prontezza, logistica, reclutamento e gestione. Attualmente, il programma Vantage serve oltre 100.000 utenti e integra più di 180 fonti di dati uniche, raggiungendo un utilizzo record nel 2024. La piattaforma consente soluzioni di dati potenziate dall'intelligenza artificiale per migliorare l'efficienza operativa e il processo decisionale in tutto l'ente dell'Esercito.

Palantir Technologies (PLTR) ha ampliado su asociación con el Ejército de EE. UU. a través de un contrato por un valor de 400,7 millones de dólares durante cuatro años, con un techo total de 618,9 millones de dólares. El acuerdo continúa apoyando las capacidades de Army Vantage para la Plataforma de Datos del Ejército (ADP) hasta 2028.

Desde 2018, el Ejército ha utilizado el software de Palantir para la integración de datos e inteligencia artificial, apoyando diversos dominios, incluidos la preparación, la logística, el reclutamiento y la gestión. El programa Vantage actualmente atiende a más de 100.000 usuarios e integra más de 180 fuentes de datos únicas, logrando un uso récord en 2024. La plataforma permite soluciones de datos impulsadas por IA para mejorar la eficiencia operativa y la toma de decisiones en todo el Ejército.

팔란티어 테크놀로지스 (PLTR)는 미 육군과의 파트너십을 연장하여 4억 700만 달러의 계약을 체결하였으며, 총 한도는 6억 1890만 달러입니다. 이 계약은 2028년까지 육군 데이터 플랫폼(ADP)을 위한 Army Vantage 기능 지원을 계속합니다.

2018년 이래로 육군은 데이터 및 AI 통합을 위해 팔란티어의 소프트웨어를 사용해왔으며, 이는 준비 상태, 물류, 모집 및 관리 등 다양한 분야를 지원합니다. 현재 Vantage 프로그램은 10만 명 이상의 사용자를 지원하며 180개 이상의 고유 데이터 소스를 통합하고, 2024년에는 기록적인 사용량을 달성하였습니다. 이 플랫폼은 육군 전반의 운영 효율성과 의사 결정을 개선하기 위한 AI 기반 데이터 솔루션을 제공합니다.

Palantir Technologies (PLTR) a prolongé son partenariat avec l'Armée américaine par le biais d'un contrat d'une valeur de 400,7 millions de dollars sur quatre ans, avec un plafond total de 618,9 millions de dollars. L'accord poursuit le soutien à la capacité Army Vantage pour la Plateforme de Données de l'Armée (ADP) jusqu'en 2028.

Depuis 2018, l'Armée utilise le logiciel de Palantir pour l'intégration des données et de l'intelligence artificielle, soutenant divers domaines tels que la préparation, la logistique, le recrutement et la gestion. Le programme Vantage sert actuellement plus de 100 000 utilisateurs et intègre plus de 180 sources de données uniques, atteignant un niveau d'utilisation record en 2024. La plateforme permet des solutions de données pilotées par l'IA pour améliorer l'efficacité opérationnelle et la prise de décision dans l'ensemble de l'Armée.

Palantir Technologies (PLTR) hat seine Partnerschaft mit dem US-Army durch einen Vertrag im Wert von 400,7 Millionen US-Dollar über vier Jahre verlängert, mit einem Gesamttotal von 618,9 Millionen US-Dollar. Die Vereinbarung setzt die Unterstützung der Army Vantage-Fähigkeit für die Army Data Platform (ADP) bis 2028 fort.

Seit 2018 nutzt die Army die Software von Palantir zur Daten- und KI-Integration, wobei verschiedene Bereiche wie Einsatzbereitschaft, Logistik, Rekrutierung und Management unterstützt werden. Das Vantage-Programm betreut derzeit über 100.000 Nutzer und integriert mehr als 180 einzigartige Datenquellen, was 2024 zu einem Rekordhoch bei der Nutzung führt. Die Plattform ermöglicht KI-gesteuerte Datenlösungen zur Verbesserung der Betriebseffizienz und Entscheidungsfindung in der gesamten Army-Organisation.

Positive
  • Secured major contract extension worth $400.7M with potential ceiling of $618.9M
  • Platform serves over 100,000 users with record-high usage in 2024
  • Integrates 180+ unique data sources across Army operations
  • Demonstrates strong customer retention and platform expansion since 2018
Negative
  • None.

Insights

This $618.9M contract extension represents a substantial win for Palantir, reinforcing their dominant position in military data analytics. The base contract value of $400.7M over four years, with additional ceiling room, demonstrates the Army's deep commitment to Palantir's technology stack. The scale of deployment - serving over 100,000 users and integrating 180+ data sources - showcases the platform's critical role in military operations.

Most compelling is the expansion beyond traditional readiness metrics into comprehensive enterprise-wide deployment. The contract's structure, allowing mission owners to introduce new requirements and funding, creates a powerful growth flywheel effect. This flexible architecture positions Palantir to capture additional revenue streams as new use cases emerge across the Army's operations.

The timing aligns perfectly with the Department of Defense's increased focus on AI capabilities and data-driven decision making, suggesting strong potential for similar contracts across other military branches.

The contract's emphasis on AI-enabled data solutions and continuous technology integration signals Palantir's evolution from a data analytics platform to a comprehensive AI/ML powerhouse. The Army Vantage platform's ability to handle both structured and unstructured data while enabling AI applications demonstrates significant technological sophistication.

The system's proven scalability - from initial readiness tracking to enterprise-wide deployment - validates Palantir's architectural approach. The continuous delivery model mentioned ensures regular technology updates, creating a sustainable competitive advantage. This positions Palantir favorably against competitors in the rapidly evolving military AI space.

For investors, this showcases Palantir's ability to execute large-scale AI implementations in mission-critical environments - a key differentiator as commercial enterprises seek similar capabilities.

Leading data analytics platform and AI/ML tools to continue supporting Army Data Platform strategy and Joint Multi-Domain Operations through 2028

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NASDAQ: PLTR) today announced that it has extended its long-standing partnership with the U.S. Army to deliver the Army Vantage capability in support of the “Army Data Platform” (ADP). The total value of this agreement is $400,746,583 for a period of up to four years, with a total available ceiling of $618,871,428.

Since 2018, the Army has leveraged Palantir’s software to transform how it uses data and artificial intelligence (AI) to more effectively perform essential missions and enable faster decision-making across the force. With an initial focus on understanding personnel readiness and combat readiness, Vantage has today become the core software system enabling ADP. ADP powers warfighters at every echelon and supports a diverse set of use cases across every data domain including readiness, logistics, recruiting, force management, talent management, financial management, risk management, and installation management.

This new agreement will operationalize data across the entire Department of the Army. The program anticipates continued growth and improvement by providing further flexibility to support additional Army programs with data and AI capabilities, fostering deeper integration and interoperability across the Department through leading technology investment.

“Palantir is proud to support the Army’s commitment to more efficient, data-driven decisions through the successful expansion of the Vantage program,” said Akash Jain, President, Palantir USG. “Our continuous addition of new AI capabilities enables the Army’s own ability to develop applications and incorporate the benefits of effective data analysis across nearly every high-priority mission in the Army.”

To date, the Vantage program has supported over 100,000 users, achieving record high usage in 2024. Currently, more than 180 unique data sources are integrated with the Vantage ecosystem, providing seamless connectivity across the Army and the Joint community.

Looking ahead, the program will retain its current capabilities and infrastructure while scaling to extend the platform's reach to mission owners across the entire Army enterprise. Mission owners will be able to introduce new requirements and funding to ADP as needed while emerging technologies will continue to be added to the ecosystem as part of the continuous delivery and continuous fielding model that has enabled the program’s success.

“The Vantage program ensures that every data point is not just collected but understood in the broader mission framework,” said Mitchell Skiles, SVP, Federal. “This level of comprehensive data integration is crucial for operational effectiveness and decision superiority across the Army, where they continue to set the standard as leaders in this space.”

By leveraging Palantir’s software, the Army is able to create AI-enabled data solutions that integrate, analyze, and visualize information from multiple disparate data sources to better enable operational efficiencies and optimize business processes across the Army enterprise. ADP integrates both current, future, and historical structured and unstructured datasets to provide increased transparency and operational effectiveness.

About Palantir Technologies Inc.

Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir’s expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms’ reliability; and our customer’s ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

Media Contact

Morgan Gress

media@palantir.com

Source: Palantir Technologies Inc.

FAQ

What is the value of Palantir's (PLTR) new Army Vantage contract extension?

The contract is valued at $400.7 million over four years, with a total available ceiling of $618.9 million.

How many users does Palantir's (PLTR) Army Vantage platform currently serve?

The Vantage program supports over 100,000 users and has achieved record high usage in 2024.

How many data sources are integrated into PLTR's Army Vantage ecosystem?

More than 180 unique data sources are integrated within the Vantage ecosystem.

When did Palantir (PLTR) first partner with the U.S. Army for the Vantage program?

Palantir began its partnership with the U.S. Army in 2018 to transform how it uses data and artificial intelligence.

What capabilities does Palantir's (PLTR) Army Vantage platform provide?

The platform provides AI-enabled data solutions for readiness, logistics, recruiting, force management, talent management, financial management, risk management, and installation management.

Palantir Technologies Inc.

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