Palantir Expands Partnership with Carahsoft to Deliver Apollo Platform to the Public Sector

Rhea-AI Summary

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.

Positive

• Palantir and Carahsoft have decided to expand their partnership to include Palantir's Apollo Platform, which will be available to the Public Sector through Carahsoft's reseller partners and contract vehicles.
• This expansion will simplify the procurement process for government agencies and allow them to solve critical mission challenges using Palantir's Apollo Platform.
• Carahsoft's sales, marketing, and contract support will enable customers across the Public Sector, including U.S. Government agencies, State and Local Governments, Education entities, Canadian Government, and Defense Industrial Base organizations, to easily access the benefits of Apollo.
• Earlier this year, Palantir and Lockheed Martin announced their collaboration to modernize the U.S. Navy's combat systems using the Apollo Platform.
• Apollo provides development teams with real-time visibility and performance reporting, can be deployed across classification networks, and meets government compliance requirements through Apollo's FedStart program.

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• None.

DENVER, July 12, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced it has expanded its partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider^®. Under the agreement, Carahsoft will serve as a Public Sector Distributor for Palantir, making the company's Apollo Platform available to the Public Sector through Carahsoft's reseller partners, GSA Schedule, NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), and additional State and Local contracts. 

Building on the partnership's success, which was initially announced in April 2022, as well as Apollo's early market traction with clients such as Cisco, Palantir and Carahsoft have decided to expand their work together to include this new technology. As a result, the Public Sector will further simplify its ability to solve critical mission challenges by leveraging the Carahsoft portfolio of contract vehicles and partnered resellers to offer Palantir's Apollo Platform.

"We're thrilled to deepen our partnership with Carahsoft to include Apollo. As part of our DNA, Palantir is committed to supporting our government agency and industry partners with solutions that rapidly deploy the latest, most reliable capabilities to the mission. Carahsoft will continue to provide the government with flexible choices on how they procure our solutions," said Julie Bush, SVP of Federal Strategic Initiatives at Palantir.

With Carahsoft's sales, marketing, and contract support, customers across the Public Sector — including all U.S. Government agencies, State and Local Governments, Education entities, as well as the Canadian Government and Defense Industrial Base organizations — can easily access the benefits of Apollo. 

For example, earlier this year Palantir and Lockheed Martin announced their collaboration, leveraging the Apollo Platform to focus on modernizing the U.S. Navy's combat systems for the surface fleet. By pairing Lockheed Martin's deep technical experience with Palantir Apollo, the organizations are poised to solve some of the most complex challenges and allow users to operate software across on-premise data centers, active combat zones, and classified networks. 

Palantir deploys its software to some of the most complex environments in the world – multicloud, across classification networks, and to edge devices or assets - through the use of Apollo. Apollo can now be used by clients to deploy third party software in the same manner, providing them the capabilities to scale and deliver innovation at speed, while still upholding the stringent security and regulatory requirements of these environments. Apollo has many modules that provide development teams with real-time visibility and performance reporting, can be deployed across classification networks, or meet government compliance requirements out of the box through Apollo's FedStart program.

"At Carahsoft, we're continuously looking for new ways to help Government agencies achieve their modernization goals," said Maryam Emdadi, Carahsoft Vice President. "We look forward to accelerating the impact we've already made with Palantir, as well as our resellers, to solve the complexities of national security software deployment."

A webinar on Apollo hosted by Carahsoft and featuring leaders from Palantir's Apollo team will be held on July 13, 2023 at 2pm ET. Register here to learn more about the offering and to join the event. 

For more information on Palantir Apollo, visit us at https://www.carahsoft.com/palantir/solutions/apollo.

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 
Lisa Gordon 
media@palantir.com

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SOURCE PALANTIR TECHNOLOGIES INC.

FAQ

What is the partnership between Palantir and Carahsoft?

The partnership between Palantir and Carahsoft allows Carahsoft to serve as a Public Sector Distributor for Palantir, making the company's Apollo Platform available to government agencies through Carahsoft's reseller partners and contract vehicles.

What are the benefits of the partnership for government agencies?

The partnership simplifies the procurement process for government agencies, allowing them to easily access Palantir's Apollo Platform to solve critical mission challenges. It also provides sales, marketing, and contract support through Carahsoft.

What is the Apollo Platform?

The Apollo Platform is a software platform developed by Palantir that provides real-time visibility and performance reporting for development teams. It can be deployed across classification networks and meets government compliance requirements.

What is the collaboration between Palantir and Lockheed Martin?

Palantir and Lockheed Martin are collaborating to modernize the U.S. Navy's combat systems using the Apollo Platform. This collaboration combines Lockheed Martin's technical expertise with Palantir's software capabilities.