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We haven't seen any numbers on the people using the GSA contract by Local and State Governments.
I would think they would be sufficient.
Next stop...$38!
Weekly Chart
Voyager Space and Palantir Announce Strategic Partnership Leveraging Artificial Intelligence to Drive Innovation in Space Technology
Jun 27, 2024, 07:00 ET
DENVER, June 27, 2024 /PRNewswire/ -- Voyager Space (Voyager), a global leader in space exploration, today announced a strategic partnership with Palantir Technologies, Inc. (NYSE:PLTR), a leading builder of artificial intelligence (AI) systems for the modern enterprise. Together, Voyager and Palantir will rapidly advance the space and defense technology sectors by integrating Palantir's cutting-edge AI tools across the Voyager enterprise.
This partnership solidifies Voyager's commitment to leading the space industry in AI-driven innovation, ensuring robust and agile solutions for defense and commercial applications. Expanding on a previous Memorandum of Understanding (MOU) announced earlier this year, Voyager will now fully integrate Palantir's AI capabilities into their defense solutions, benefiting from Palantir's deep expertise delivering for the Department of Defense (DoD). This collaboration enhances communications, military research and development, as well as intelligence and space research, making space more accessible to the defense community and vice versa.
"We are thrilled to partner with Palantir, a company that shares our vision for leveraging technology to drive transformative change," said Matt Kuta, President, Voyager Space. "By embracing Palantir's game-changing AI across our operations, we not only enhance Voyager's defense-tech capabilities, but also set a new standard for the broader aerospace industry. This collaboration will enable us to deliver unprecedented value and innovation to our customers and stakeholders."
Voyager will leverage Palantir Foundry and the Artificial Intelligence Platform (AIP) to drive value in its in-house payload management system for International Space Station customers today, as well as onboard the Starlab commercial space station in the future. It is also building a prototype "Customer Hub" for its customers to submit payload requests via Palantir's software.
The partnership also bolsters Voyager's defense segment, offering the opportunity to use AI to process and optimize flight and testing data on solid fuel thrusters to ensure smooth flight. Palantir's software can also help power increased real time signal data processing and more precise targeting for Voyager's optical communications systems for DoD customers.
"We look forward to deepening our collaboration with Voyager Space," said Shyam Sankar, CTO of Palantir. "Palantir is committed to building transformative AI solutions across every domain. Our work with Voyager enables us to continue expanding the boundaries of these capabilities to better meet the context of our customer's mission. Together, we will drive the innovation our nation needs to create resilient infrastructure, scale production, and uphold national security."
Today's news builds on the recently announced partnership between Starlab Space and Palantir. As Voyager continues to embrace the benefits of AI alongside Palantir, both companies are poised to lead the defense and space industry into a new era of innovation.
About Voyager Space
Voyager Space is dedicated to building a better future for humanity in space and on Earth. With over 35 years of spaceflight heritage and over 2,000 successful missions, Voyager is powering the commercial space revolution. Voyager delivers exploration, technology, and defense solutions to a global customer base that includes civil and national security agencies, commercial companies, academic and research institutions, and more.
About Palantir Technologies Inc.
Palantir builds category-leading software that empowers organizations to create and govern artificial intelligence across public and private networks. Since 2003, we have helped some of the world's most important organizations solve their most difficult problems. Foundational Software of Tomorrow. Delivered Today. Additional information is available at https://www.palantir.com.
Cautionary Statement Concerning Forward-Looking Statements
This press release contains "forward-looking statements." All statements, other than statements of historical fact, including those with respect to Voyager Space, Inc.'s (the "Company's") mission statement and growth strategy, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Readers should not place any undue reliance on forward-looking statements since they involve these known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
SOURCE Voyager Space
https://www.prnewswire.com/news-releases/voyager-space-and-palantir-announce-strategic-partnership-leveraging-artificial-intelligence-to-drive-innovation-in-space-technology-302183817.html
Weekly Chart
Palantir Technologies $PLTR Ugly candle on Friday.. 21D close.. back into the soup for now.
By: Options Mike | June 23, 2024
• $PLTR Ugly candle on Friday..
21D close.. back into the soup for now.
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Why Palantir (PLTR) Shares Are Getting Obliterated Today
By: Yahoo | June 21, 2024
What Happened:
Shares of data-mining and analytics company Palantir (NYSE:PLTR) fell 5.7% in the morning session after Monness, Crespi, Hardt analyst Brian White downgraded the stock's rating from Neutral to Sell and assigned a $20 price target. The price target represents a potential 15% decline from where shares traded when the downgrade was announced. The analyst called out "worries in the software space." adding that earnings results from some of the large enterprise software companies that recently reported were "largely downbeat." In addition, the analyst noted that the anticipated gains from Generative AI had been a "revenue illusion" during the year.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Palantir? Access our full analysis report here, it's free.
What is the market telling us:
Palantir's shares are very volatile and over the last year have had 35 moves greater than 5%. In context of that, today's move is indicating the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The biggest move we wrote about over the last year was 5 months ago, when the stock gained 28.5% on the news that the company reported fourth-quarter results with expectations for revenue growth to accelerate in the next fiscal year, highlighting growing demand for its new artificial intelligence platform (AIP), which was launched in 2023.
It was also encouraging to learn that the company has improved the time it takes to deploy AIP and integrate with client's data from "weeks and months to as little as a few hours." The icing on the cake was adjusted operating income well above expectations, showing that the company is not sacrificing profits for the higher topline growth. Also, its revenue, billings, and free cash flow exceeded Wall Street's expectations in the quarter, and its gross margin improved. Notably, the US commercial business significantly contributed to the solid performance during the quarter, as revenue in the segment grew 70% year on year and 12% sequentially.
Looking ahead, the company expects the US commercial business to grow at least 40% in 2024. A minor negative was that revenue guidance for the next quarter missed analysts' expectations. Overall, this was a very solid quarter for Palantir.
Palantir is up 47% since the beginning of the year, and at $24.36 per share it is trading close to its 52-week high of $26.46 from March 2024. Investors who bought $1,000 worth of Palantir's shares at the IPO in September 2020 would now be looking at an investment worth $2,565.
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RPA-H enters $19M contract with Palantir for artificial intelligence, data software
Palantir’s Artificial Intelligence Platform and Foundry software will support the young health research agency’s data infrastructure and track the progress of its programs.
By Madison Alder
June 20, 2024
The Advanced Research Projects Agency for Health will use Palantir’s AI and data software to support its data infrastructure and track the progress of its research programs under a $19 million contract being announced Thursday.
Under the two-year contract, ARPA-H will deploy Palantir’s AI Platform (AIP) and Foundry software to “rapidly collect, synthesize, analyze, and make decisions from a range of data sources,” according to a release shared with FedScoop ahead of the announcement. Those tools will be used with a variety of agency operations, including with performance data related to ARPA-H’s programs to help the agency track progress and make decisions.
Alastair Thomson, the acting director of data innovation at ARPA-H, told FedScoop that when it comes to internal operations, the agency’s goal “is to be very, very data driven.” That extends to the design of the agency’s programs and how they’re monitored.
“We want to find what is revolutionary, not evolutionary, and so to do that, we’ve got to understand really what is the state of the art in a particular field?” Thomson said. “And so a lot of that comes from data.”
The contract comes as ARPA-H is still building its infrastructure. The Department of Health and Human Services agency was established in 2022 to support ambitious and innovative research in health and biomedical fields. Its programs so far include strengthening hospital infrastructure in the face of cyberattacks, developing technologies to remove cancerous tumors, and building a mobile health program powered by electric vehicles.
“We’re a new agency. We don’t have a lot of systems in place,” Thomson said. “Palantir is going to be a big part of implementing those systems that are really tailored in a way that makes sense to our unique mission.”
Though Thomson also noted an advantage of being a new agency from an infrastructure standpoint is that “we’re not just talking about cloud-first — we’re cloud-only.” Already Palantir has deployed a cloud-based instance of its data platform at the agency. An appeal of the technology to ARPA-H, Thomson said, was how quickly they could get it up and running.
Hirsh Jain, the head of public health and senior vice president of federal at Palantir, told FedScoop that the company is excited about bringing software systems to ARPA-H to help the agency “run their own core operations more effectively.”
ARPA-H is a “really unprecedented opportunity to drive research and development in health care in the private sector in a way that has the potential to be so instrumental to achieving the next generation of health outcomes,” Jain said.
What Palantir’s software is “going to do is provide a lot of the core infrastructure necessary to run those programs, make those R&D investments, [and] allocate those dollars as effectively as possible,” Jain said.
Foundry is a software that’s aimed at data integration and helping organizations pull existing data sources together and map it into what Palantir calls the “ontology,” which is a way for an organization to see its operations, Jain explained. AIP, which launched last year, is a way for organizations “to use large language models on top of their existing data that they already have access to,” he said.
When it comes to monitoring its programs, Thomson said the software will help the agency inform decisions with data. Each of the agency’s programs have metrics, milestones and deliverables that the agency “aggressively” monitors, he said, and something ARPA-H doesn’t want to do is continue trying something that isn’t working.
“Making good data-driven decisions about when to stop and pivot and try a different approach is really, really critical to us,” Thomson said.
Ultimately, some of the insights from those platforms are intended to be made public. “Our intent is to leverage the platform to produce reports and analytics and things that can be made available to the public as time goes on, so they can see, yes, we are being effective,” Thomson said.
Another area the agency plans to use the AI capabilities of the software for is analyzing the scientific context that a particular program is operating by synthesizing related publications and other sources of knowledge related to that area.
“There are things that we can very quickly assess using AI and get a perspective on it,” Thomson said. He added that reviewing publications and other information is still part of the process, but AI helps to “get a more complete perspective on things because it’s able to have a much broader view.”
In addition to providing the softwares, Palantir will also provide training and data analytics for operating staff at the agency. Thomson said ARPA-H wants to create a culture of data within the agency and the training will help staff make use of the data.
“You can’t be a learning organization without understanding how to understand your data,” he said, adding “training is an important part for us.”
Written by Madison Alder
Madison Alder is a reporter for FedScoop in Washington, D.C., covering government technology. Her reporting has included tracking government uses of artificial intelligence and monitoring changes in federal contracting. She’s broadly interested in issues involving health, law, and data. Before joining FedScoop, Madison was a reporter at Bloomberg Law where she covered several beats, including the federal judiciary, health policy, and employee benefits. A west-coaster at heart, Madison is originally from Seattle and is a graduate of the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.
https://fedscoop.com/arpah-enters-data-ai-contract-with-palantir/#:~:text=The%20Advanced%20Research%20Projects%20Agency,million%20contract%20being%20announced%20Thursday.
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Palantir's $PLTR revenue every quarter since going public
By: Evan | June 17, 2024
• Palantir's $PLTR revenue every quarter since going public
Q3 2020: $289.4M
Q4: $322.1M
Q1 2021: $341.2M
Q2: $375.6M
Q3: $392.2M
Q4: $432.9M
Q1 2022: $446.4M
Q2: $473M
Q3: $477.9M
Q4: $508.6M
Q1 2023: $525.2M
Q2: $533.3M
Q3: $558.2M
Q4: $608.4M
Q1 2024: $634.3M
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Palantir $PLTR is back on the move
By: TrendSpider | June 17, 2024
• Palantir is back on the move. $PLTR
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Cathie Wood & Ark Invest's Buys 9,707 Shares of Palantir Technologies Inc. (PLTR)
By: Ark Invest Daily | June 17, 2024
• Cathie Wood and Ark Invest's trade activity from today 6/17.
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Palantir share price ASCENDING TRIPLE TOP BREAKOUT today on 17-June-2024. GLTA
Alex Karp Interview: June 2024
Palantir to Unveil New Customers and Product Announcements at AIPCon
June 05, 2024 04:07 PM Eastern Daylight Time
DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR) today announced that nearly 70 customers will showcase their work in Palantir’s Artificial Intelligence Platform (AIP) at its fourth AIPCon in 12 months. The conference will be live streamed on Thursday, June 6, 2024 on Palantir’s YouTube channel.
New customers – such as United Airlines, Nebraska Medicine, AARP, Lear, Wendy’s QSCC, Edgescale AI, and more – will be showcasing how they use Palantir software. Representatives from organizations with expanded partnerships, such as Tampa General Hospital, will also be speaking.
These customers and others have been going from prototype to production-grade AI via Palantir’s novel AIP Bootcamp initiative. Since its launch, more than 1300 AIP Bootcamps have been completed in the United States and around the world, including nearly 500 additional ones from the last AIPCon in March. Following the release of Build with AIP, customers at AIPCon will unveil the products they’ve built, and guide other customers through building similar workflows on AIP.
Additionally, Palantir will be announcing the Palantir Developer Community at AIPCon, which will bring together global users of Foundry and AIP in a dedicated public forum for the first time in Palantir history. Developers can ask and answer questions, make product suggestions, become early adopters for new features, and more. To join the community, please visit community.palantir.com.
AIPCon will be accessible via live stream on Thursday, June 6, 2024. For questions about joining the waitlist, please email aipcon-2024@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 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; and our platforms’ reliability. 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.
Contacts
Lisa Gordon
media@palantir.com
https://www.businesswire.com/news/home/20240605318018/en
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RIGHT, they first Announce on JUNE 7th then JUNE 21ST it is rebalanced.
they don't just spring it on the market
Friday the S&P 500 will Re Balance
Will PLTR be put in?
Palantir Stock Massive Contracts & Nvidia New AI Chip Bombshell!
Palantir Selected by Chief Digital and Artificial Intelligence Office (CDAO) to Participate in Scaling Data Analytics and AI Capabilities Across the Department of Defense in Support of CJADC2 Strategy
Business Wire
Thu, May 30, 2024, 4:00 PM EDT
DENVER, May 30, 2024--(BUSINESS WIRE)--Palantir Technologies Inc. (NYSE: PLTR) today announced that the Department of Defense Chief Digital and Artificial Intelligence Office (CDAO) awarded its subsidiary, Palantir USG, Inc., a production contract to make licenses of their AI-enabled operating system available across the Department of Defense. Starting with an initial order of $153 million to support certain Combatant Commands and the Joint Staff, additional awards can be made up to $480 million over a 5-year period.
Additionally, CDAO has awarded Palantir a prototype Other Transaction (OT) for $33 million to rapidly and securely onboard third-party vendor and government capabilities into the government-owned, Palantir-operated data environment to meet priority Combatant Command digital needs.
"These awards represent a vital step in warfighter adoption of AI, moving cutting-edge technology from experiment to enterprise production," said Shannon Clark, Head of Defense Growth, Palantir. "We are proud to support the CDAO, enabling commanders to make better, faster decisions across all domains at unprecedented scale."
Palantir’s commercial solutions will be part of the larger CJADC2 ecosystem integrating with other vendors and programs to support battlespace awareness, global integration, contested logistics, joint fires, and targeting workflows. Users will benefit from the current data integrations created as a result of Palantir’s work on fielding AI/ML tools for the warfighter over the last several years.
"In this era of geopolitical competition, the CDAO has become an essential leader in bringing operational CJADC2 capabilities to life through the agile, effective, and responsible deployment of AI/ML," said Akash Jain, President of Palantir USG. "Palantir is honored to continue supporting the CDAO’s mission to develop, field, and scale AI-enabled solutions that advance U.S. defense, and we look forward to working alongside America’s warfighters to ensure these efforts are effective where they matter most – in the field and in the hands of decision-makers at all echelons."
Additionally, government operators and third-party vendors will be able to build data integrations, pipelines, and applications within the platform or on other platforms through open APIs and Ontology Software Development Kits (OSDKs). Palantir’s open infrastructure provides organic use for flexible and rapid response at speed while maintaining the secure collaboration needed to ensure access controls and data protection.
This work follows Palantir’s long-standing partnership with CDAO to support the Global Information Dominance Experiment (GIDE) events, and the development of proven, real-world applications for advanced technologies.
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.
Contacts
Media Contact
Morgan Gress
media@palantir.com
https://www.businesswire.com/news/home/20240530260030/en/Palantir-Selected-by-Chief-Digital-and-Artificial-Intelligence-Office-CDAO-to-Participate-in-Scaling-Data-Analytics-and-AI-Capabilities-Across-the-Department-of-Defense-in-Support-of-CJADC2-Strategy
Cathie Wood & Ark Invest's Buys 25,403 Shares of Palantir Technologies Inc. (PLTR)
By: Ark Invest Daily | May 29, 2024
• Cathie Wood and Ark Invest's trade activity from today 5/29.
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I have watched them for about four years and bought in at $7 when OBV turned up.
$PLTR institutional ownership continues to rise as Wall Street catches up to the reality that this is one of the real AI stories.
By: Markets & Mayhem | May 19, 2024
• $PLTR institutional ownership continues to rise as Wall Street catches up to the reality that this is one of the real AI stories.
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