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. (NASDAQ: PLTR) is a Denver-based analytical and AI software company that serves government and commercial customers. The Palantir news page on Stock Titan aggregates coverage of the company’s announcements, partnerships, contracts, and financial reporting so investors can understand how its software is being adopted across sectors.
News about Palantir often highlights its work with national security and government agencies, such as multi-year renewals with intelligence services and large-scale deployments with the U.S. Navy to modernize the shipbuilding supply chain through initiatives like ShipOS. These stories show how Palantir’s platforms are used in complex, mission-focused environments.
Palantir also features in commercial and ecosystem news. Examples include expanded global partnerships with firms like Accenture to help enterprises integrate data and scale AI, collaborations with utilities and energy companies through the Chain Reaction initiative for AI infrastructure, and work with aviation and air mobility providers using Palantir’s platforms to power operational software like SurfOS. Additional coverage follows applications of Palantir’s software in sports and media, such as AI and computer vision projects with Teton Ridge in rodeo.
Investors and followers can also find updates on Palantir’s security and compliance milestones, including certifications that open new markets, as well as notices about upcoming earnings releases, webcasts, and related investor materials. This page is a useful reference for tracking how Palantir’s contracts, partnerships, and regulatory developments evolve over time and how they relate to the company’s role in AI, data analytics, and critical infrastructure.
Palantir (PLTR) and Anduril have announced a strategic partnership to enhance AI capabilities for U.S. national security. The collaboration aims to address two critical challenges: data readiness and large-scale data processing.
The partnership will utilize Anduril's Lattice software system and Menace computing devices to capture and distribute tactical edge data, while Palantir's AI Platform (AIP) will provide cloud-based data management and AI development capabilities. The integration will enable secure data structuring, AI training, and deployment across all classification levels.
The consortium will leverage existing platforms like Maven Smart System and Lattice to create a comprehensive edge-to-enterprise solution for AI applications in defense operations. The partnership is immediately operational through existing government contracts and may expand to include additional industry partners.
Booz Allen Hamilton (BAH) and Palantir Technologies (PLTR) announced a strategic co-creation partnership to enhance U.S. defense capabilities. The collaboration focuses on two key areas: transformational information infrastructure modernization and accelerating integrated warfighting operations with coalition partners.
The partnership has already demonstrated success, creating a prototype in just 45 days. The initiative aims to leverage both companies' technologies and expertise to address urgent national security challenges. Booz Allen brings deep mission expertise in defense technology, while Palantir contributes its AI, machine learning, and data integration capabilities.
This alliance builds upon previous successful collaborations between the companies in supporting U.S. government programs, with potential for further co-creation and IP development across various critical missions.
Shield AI announced an expansion of its partnership with Palantir Technologies (PLTR) to develop large-scale command and control systems for autonomous uncrewed systems, including operations in GPS and communications-denied environments. The collaboration integrates Shield AI's Hivemind software with Palantir's Warp Speed manufacturing OS and other software solutions.
The partnership builds on their previous integration of Shield AI's Hivemind with Palantir's Gaia, demonstrated at AUSA's Annual Meeting. This integration created a unified command-and-control system, combining Hivemind's autonomy capabilities (proven on platforms like V-BAT, F-16, MQM-178 Firejet, and Nova quadcopter) with Gaia's geospatial intelligence tools for real-time mission execution.
Palantir Technologies (NASDAQ: PLTR) has achieved FedRAMP High Authorization for its Federal Cloud Service (PFCS) and Federal Cloud Service - Supporting Services (PFCS-SS). This authorization covers all Palantir's products including AIP, Apollo, Foundry, Gotham, FedStart, and Mission Manager, enabling the company to provide its complete product suite to the U.S. Government at the highest unclassified security level. This builds upon Palantir's existing FedRAMP Moderate and DoD IL5 and IL6 authorizations, allowing the processing of highly sensitive unclassified government workloads in Palantir's cloud environment.
Palantir Technologies (NYSE: PLTR) hosted its first Developer Conference, DevCon, on November 13th-14th, 2024, gathering 150 commercial and government technical leaders. The event marked the launch of AIP for Developers, featuring new tools like Ontology SDK 2.0, Platform APIs, and Workflow Builder. The conference provided early access to beta products including Agent Studio, Platform Branching, and Compute modules, along with a private launch of the Multi-Modal Data Plane. According to CTO Shyam Sankar, the initiative aims to deprecate backend development, enabling faster value delivery, with Lennar reporting 50x faster building speeds on AIP.
Palantir Technologies announced its decision to transfer its Class A Common Stock listing from the New York Stock Exchange to the Nasdaq Global Select Market. The company will maintain its ticker symbol 'PLTR' and expects to commence trading on Nasdaq on November 26, 2024. Palantir anticipates meeting the eligibility requirements for inclusion in the Nasdaq-100 Index.
Surf Air Mobility has secured a $50 million financing package from Comvest Partners, comprising a $44.5 million term loan and a $5.5 million delayed draw term loan. The four-year facility, priced at SOFR +5%, aims to strengthen the company's balance sheet and fund its transformation plan. The company has outlined a four-phase transformation strategy including: completed transformation phase with improved capital structure, optimization phase (2025-2026) focusing on airline operations, expansion phase (2026-2027) for tier 1 routes growth, and acceleration phase (2027+) implementing electrification technologies.
Palantir Technologies has renewed its multi-year enterprise agreement with Rio Tinto Group for an additional 4 years, extending access to Palantir's AI Platform (AIP). As an early Foundry adopter, Rio Tinto leverages the platform's digital twin capability for various operations, including managing unmanned trains and monitoring geotechnical risks.
In Western Australia, the system coordinates 53 driverless trains carrying iron ore, while in Mongolia, it manages risk at the Oyu Tolgoi mine. The Foundry Ontology integrates data from thousands of sensors, providing a unified view of operations and enabling AI-driven solutions for risk identification, asset management, and supply chain processes.
Anthropic and Palantir Technologies (NYSE: PLTR) have announced a partnership with AWS to provide U.S. intelligence and defense agencies access to the Claude 3 and 3.5 AI models. The integration allows Claude's deployment within Palantir's AI Platform (AIP) on AWS's secure infrastructure, specifically at Impact Level 6 (IL6) accreditation. The partnership aims to enhance government operations through rapid data processing, pattern identification, and streamlined document review. A successful commercial implementation has already demonstrated the system's efficiency, reducing a two-week insurance underwriting process to just three hours using 78 AI agents powered by AIP and Claude.
Palantir Technologies (NYSE:PLTR) reported strong Q3 2024 results with revenue growing 30% year-over-year to $726 million. U.S. revenue increased 44% to $499 million, with U.S. commercial revenue up 54% to $179 million and U.S. government revenue up 40% to $320 million. The company achieved GAAP net income of $144 million (20% margin) and GAAP EPS of $0.06. Customer count grew 39% year-over-year, closing 104 deals over $1 million. Palantir raised its full-year guidance, projecting revenue between $2.805-$2.809 billion and U.S. commercial revenue growth of at least 50%, citing strong AI demand.