palantir contract but the GAAP EPS number actually was a loss of $0. Palantir Technologies has been selected by the US Army to receive one of two prototype contracts to accelerate the army’s network modernization. 5M Contract Palantir Technologies UK (NYSE: PLTR) has signed a new two-year contract worth up to $31. There will be no more Palantir (PLTR) had secured a contract last year with the Department of Health and Human Services (HHS) to better develop its system, HHS Protect to track the rising number of Covid-19 cases in the This is part of the overall $458 million production agreement between the U. (CMG) on behalf of Consortium for Command, Control and Communications in Palantir has two current contracts with ICE, one for the agency’s Investigative Case Management (ICM) internal database and another for software known as FALCON. Silicon Valley data analytics company Palantir Technologies will deliver a comprehensive combat intelligence hardware and software suite for the US Army, in a contract potentially worth more than $800m. S. Close. Army has awarded Palantir Technologies (NYSE: PLTR) a potential $113. The contract was due to expire in June but was extended for four months at a cost of £1million. 06. 02, while Palantir reported EPS of $0. The firm has a deep and controversial history with US police and was involved in the highly dubious border force actions in America that split immigrant children from their parents. The new deal committed to using Palantir's Foundry platform until December 2022. for $91M Artificial Intelligence and Machine Learning Development Yamato Holdings and Palantir to Begin Work Accelerating Digital Transformation of the Logistics Industry in Japan (Bloomberg) -- Palantir Technologies Inc. Palantir also developed Tiberius, a software for vaccine allocation used in the United States. K. 02, while Palantir reported EPS of $0. In the latest trading session, Palantir Technologies Inc. Palantir was awarded a Phase 1 Project Agreement through an Other Transaction Agreement (OTA) with Consortium Management Group, Inc. 6 million annually with existing customer contracts averaging 3. Palantir wins new contract with the U. (including its subsidiaries, “Palantir,” or “the Company”) was incorporated in Delaware on May 6, 2003. Palantir is one of 11 finalists in the FDIC's Rapid Phased Prototyping The FDA contract is one of dozens Palantir has secured with U. Palantir Foundry will provide the NHS with a Secondly, Palantir remains highly dependent on government contracts (about 55% of total Revenue) – particularly in areas related to surveillance and national security – causing transparency The contracts show Palantir charged only £1 ($1. 5B. Valuation The NHS has promised transparency in any future deals with US data firm Palantir after the coronavirus pandemic. Separately, an aerospace customer renewed a Palantir Technologies Inc. It follows a lawsuit by Open Democracy which accused the NHS of “sneaking through” a Under the contract, Palantir will provide only a prototype to improve the Army’s visibility for the data on its network, but the work could be scaled to larger network data management if this phase is successful. The firm has a deep and controversial history with US police, and has recently landed a new contract supporting UK border Foxglove and openDemocracy have announced the government “conceded” it would not offer Palantir a long-term role in the NHS without public consultation. Palantir Technologies, a controversial data-mining company with contracts throughout the highest levels of the federal government, would soon be moving its headquarters out of Palo Alto, California. It has many sins, but the greatest is secrecy. . The NHS is being taken to court over its contract with controversial US data firm Palantir. Combined, those contracts are Palantir is best known for its work with the US government, which have included a contract with the Army to develop a new intelligence interpretation platform, worth an estimated $823 million. " It said that BP in the past has used its software to enhance hydrocarbon The one-year, $36 million-ceiling contract currently consists of four task orders, which were placed Sunday to support a variety of NIH workflows related to COVID-19, cancer and AIDS. The firm has a deep and controversial history with US police, and has recently landed a new contract supporting UK border The NHS has promised transparency in any future deals with US data firm Palantir after the coronavirus pandemic. That same year, the company renewed a multiyear contract with Immigration and Customs Enforcement, where For years, Palantir, a private data firm, has been positioning itself as a major defense contractor, with assistance from the revolving door of corporate executives and government officials setting Palantir's contract with ICE, which is set to expire in September, initially cost the government $41 million annually but has risen in the last year to an estimated $51 million, according to Palantir was first awarded a contract to implement the agency’s Investigative Case Management System in 2014, and the order was set to expire Sept. S. Space Force in support of the Kobayashi Maru project, SpaceNews reported Monday. Last but not least, the contract overview for Palantir moving into FY2021. 06. Food and Drug Administration, boosting its shares by about 21%. 8B which represents a 24% growth year on year. 3M contract to update and replace parts of the U. The contract seems to go against a commitment made by the government to stop work with the provider after the pandemic, which all hope should be contained within the next two years. S Department of Energy potentially worth 89 million dollars. Terms of the contract were not disclosed, but Palantir described it in the statement as a "multimillion-dollar deal. institutions are piling into palantir stock. federal agencies in recent years. Palantir had secured a contract last year with the Department of Health and Human Services (HHS) to better develop its system, HHS Protect to track the rising number of Covid-19 cases in the Furthermore, the organization claims that the government caved to its wishes, “committing not to extend Palantir’s contract beyond COVID without consulting the public. S. And its founder, Peter Thiel, had been Trump’s most high-profile supporter in Silicon Valley. In 2019, Palantir won a ten-year contract for DCGS–A worth as much as $876 million. , deepening ties between Peter Thiel’s data analytics company and the Pentagon. Analysts had expected EPS of $0. 5m deal). According to the Jan. S. S. com/BeyondourMoneyPLTR Far & Wide Palantir Technologies Inc. DENVER--(BUSINESS WIRE)--Palantir Technologies (NYSE:PLTR) announced today it was chosen by the US Army to receive one of two prototype contracts for the Common Data Fabric and Data Security Palantir Technologies could lose its contract with the US federal government to develop the Covid tracker system, according to a Daily Beast report. Analysts had expected EPS of $0. 5 billion at the time, adding that its Palantir Technologies (NYSE: PLTR) has received a contract to provide a prototype for the U. 4 million contract by the U. As well as this, modeling will potentially allow to track The Palantir contract shows the deal covers many issues unrelated to the pandemic, such as Brexit and general business planning. Army Research Lab Selects Palantir Technologies Inc. Apparently there were some fancy cocktails involved how sensational! - Pandemic rolls around; Palantir--among other tech companies--awarded contract to do data analytics work on early Covid response Palantir also released results that showed a surprising net loss. 25, according to government documents posted In the latest trading session, Palantir Technologies Inc. in New York. Palantir was founded by a Trump-backing billionaire called Peter Thiel. 06. , a controversial company co-founded by investor and President Trump ally Peter Thiel in 2004, has landed a U. (PLTR) closed at $23. The Defense Department announced Tuesday that it awarded Palantir a $91. Intelligence and national security reporter. Getty Images The NHS has promised transparency in any future deals with US data firm Palantir after the coronavirus pandemic. 6 years in duration. 5M) with the UK’s National Health Service FDA has awarded a 3-year, $44. 9 million, to Silicon Valley big data company Palantir without competition. 4 million contract by the U. S. Food and Drug Administration (FDA). Palantir, the surveillance firm founded by conservative billionaire Peter Thiel, has landed a contract with the feds to build a database tracking the spread of the novel coronavirus around the OpenDemocracy engaged legal firm Foxglove to initiate legal proceedings, in February 2021, against the UK government for extending the “emergency” contract struck with Palantir at the height Palantir Technologies, Inc (NYSE: PLTR) has signed a new two-year contract with the UK National Health Service (NHS England and NHS Improvement). 18%. S. 94% move from the previous day. 6 years which means customers will be using Palantir for quite a while before deciding to drop the Palantir and NHS England declined to comment on the contents of the emails, but spokespeople for both organisations insisted that the meetings had nothing to do with the award of any contracts. The NHS is facing a legal challenge over its data deal with controversial Silicon Valley firm Palantir, Sky News can reveal. By J. S. on the New York Stock Exchange on September 29, Amnesty International released today a new briefing, Failing to Do Right: The Urgent Need for Palantir to Respect Human Rights, where the organization concludes that Palantir is failing to conduct human rights due diligence around its contracts with ICE, and that there Matt Hancock Faces Legal Challenge Over NHS Palantir Contract David Hencke Under an agreement with openDemocracy , the DHSC has now agreed not to expand Palantir’s work on the NHS datastore beyond COVID without notifying the public and that it would conduct new analysis of whether any expansion would be in compliance with data protection law. 94% move from the previous day. Securities and Exchange Commission for its initial public offering. It’s unclear if Gotham, which started out as a tool for intelligence Palantir, along with Google, Amazon and Microsoft, was among a group of tech firms contracted to build an NHS datastore in response to the COVID-19 outbreak. The new Defense This is part of the overall $458 million production agreement between the U. Contract Number: N66001-19-A-0044 Price List Effective Date: 7/12/2019 Product Family Reseller GSA P/N Palantir multiplied the number of potential customers around the world (they identified 6000 companies with more than $500 million in annual revenues) with a contract value based on organization size and existing trends in customer spending that Palantir has recorded over the years. 4 million worth, three-year contract by the U. defense programs," the company wrote in paperwork filed with the U. S. ’s NHS to Data analytics firm Palantir has received a contract to provide data and software services for the U. National - Palantir's U. 07, marking a -0. There will be no more The U. The Army awarded Peter Thiel-backed data intelligence company Palantir a contract worth up to $800 million. OpenDemocracy engaged legal firm Foxglove to initiate legal proceedings, in February 2021, against the UK government for extending the “emergency” contract struck with Palantir at the height Under the terms of the multi-year contract, California’s largest investor-owned utility will deploy Palantir’s (PLTR) technology to streamline data management across the company and improve its Palantir’s initial contract to provide engineering services for the data store, which assesses and predicts demand on the health service, was worth £1 and came to an end on 11 June. It follows a lawsuit by Open Democracy which accused the NHS of “sneaking through” a £23m contract with the firm. government contracts top $1. but the GAAP EPS number actually was a loss of $0. This move lagged the S&P 500's daily gain of 1. The firm has a deep and controversial history with US police, and has recently landed a new contract supporting UK border Palantir has a “long tail” revenue model, meaning that contract wins will start small and get bigger over time. 5M (£23. The government estimated $63 billion. are uniting in a partnership that will dramatically expand the reach of Palantir’s sales force while making IBM’s own OpenDemocracy engaged legal firm Foxglove to initiate legal proceedings, in February 2021, against the UK government for extending the “emergency” contract struck with Palantir at the height Palantir was founded by a Trump-backing billionaire called Peter Thiel. Palantir shares were up 12% at 10:40 a. Palantir's reach into the coronavirus response also extends far beyond the U. The other major contract is a $31. m. K. The contract between Palantir and the City of New York’s Department of Finance gives a sense of the kinds of terms the NYPD may have agreed to. S. Jennings Moss – Editor-in-Chief and General Manager, Silicon Valley Business Journal . Palantir Technologies could lose its contract with the US federal government to develop the Covid tracker system, according to a Daily Beast report. The Dollar-weighted average contract duration stands at a solid 3. The other major contract is a $31. scored another win in Washington Tuesday, securing a contract worth as much as $823 million to provide software to the Department of Defense, according to communications In December last year the NHS signed a two-year contract with Palantir, without scrutiny, even though the engagement with the UK health service was originally supposed to be a temporary, emergency measure to help address the pandemic. The contract – seen by the BBC – sets out how the data analysis will be used for insights into dealing with the coronavirus pandemic. We also talk about a recent analyst do Palantir Continues Vital NHS Work With $31. Let’s compare the model of scientific rectitude to the Palantir contract. The contract seems to go against a commitment made by the government to stop work with the provider after the pandemic, which all hope should be contained within the next two years. 6k members in the palantir community. The company might have a soft quarter, and then land a massive deal that takes revenue up a notch. 6 years which means customers will be using Palantir for quite a while before deciding to drop the product suite. As of FY2020, Palantir had a total deal value of US$2. S. (NYSE:PLTR) announced today that on December 28, 2020, it was awarded a $22. PLTR stock is a long term hold!!!Link:The link I used Palantir also released results that showed a surprising net loss. S. head of sales meets with NHS Chief in 2019 over dinner. Analysts had expected EPS of $0. (NYSE:PLTR) announced today that on December 28, 2020, it was awarded a $22. Army and Palantir last year. Very recently, Palantir Technologies signed a two-year contract with the U. Palantir Technologies and BAE Systems have won spots on a seven-year, $823. 5 million (£23. Army and a $36 million deal with the National Institutes of Health (NIH). 5 Million Contract Business Wire DENVER -- January 4, 2021 Palantir Technologies Inc. (NYSE:PLTR) announced today that on December 28 On February 23, Palantir announced it is expanding its relationship with US conglomerate 3M (MMM) in a multi-million dollar deal. K. 5m deal). 15 Daily Beast report, President Trump’s administration officials have suggested to the transition team for President-elect Joe Biden to do away with a Covid tracker developed by Palantir due to its inaccuracy. This isn’t the first time Palantir has won a non-competitive contract since the start of the pandemic. Activists have been protesting at its offices to ask the company to drop this contract. data analytics firm Palantir Technologies Inc reported a 40per cent rise in sales in its second quarterly results Palantir Technology Recieves another multi-year contract for PLTR Foundry. S Department of Energy potentially worth 89 million dollars. The contract marks the first time Palantir’s foundry software will be used by a major US utility. It won a five-year, $90 million contract from the SEC in November 2016. 5 million two-year deal with the U. The Army has awarded Palantir a contract to provide an intelligence analysis framework that processes complex data at the tactical level on a laptop, even in austere environments. 4 million, the government agency said on Monday. Food and Drug Administration, a Palantir spokeswoman said, sending its shares up Palantir Technologies Inc. For 2019, the revenue mix was about 53% commercial and 47% government agencies. S. C. This project is for the Distributed Common Palantir, the $20 billion-valued Palo Alto tech company backed by Facebook-funder Peter Thiel, has been handed a $17. PLTR also signed a three-year contract with the FDA for $44 million to expand their partnership. Palantir, once funded by the CIA and known in the US for its involvement with defence and immigration agencies, shot to prominence in the UK last March, when it was given an “emergency” contract by the NHS to assist in handling the coronavirus pandemic, for an initial cost of just £1 (now a longer-term £23. This move lagged the S&P 500's daily gain of 1. The Dollar-weighted average contract duration stands at a solid 3. The company might have a soft quarter, and then land a massive deal that takes revenue up a notch. Palantir Technologies Expands Japan Business with New $22. has signed a substantial new contract with the U. National Members of the Congressional Hispanic Caucus are demanding answers about the Department of Health and Human Services' $24. It asserts that Palantir “retains all rights” to the products and documentation they are licensing to the NYPD. The contract modification is for the procurement and utilization of the Palantir Gotham Platform, which is a commercial software that will be accessed by the Air Force to facilitate the critical efforts necessary to coordinate decisions in response to the COVID-19 pandemic. The contract between Palantir and the City of New York’s Department of Finance gives a sense of the kinds of terms the NYPD may have agreed to. 94% move from the previous day. 9 million coronavirus contract with secretive data-mining company Palantir . K. "Palantir must provide greater transparency to potential investors about the data protections or lack thereof associated with its government contracts, and further information about the US and non In the latest trading session, Palantir Technologies Inc. Palantir’s growth will likely be lumpy and come in spurts as it signs new contracts over time. Palantir’s Gotham program is generally better than Report: Palantir's U. Financial terms of the contract weren’t disclosed. Palantir had a huge year, breaking through a government contract barrier that had held it back from lucrative Pentagon deals and securing an $800 million contract with the Army that it had sought Palantir was founded by a Trump-backing billionaire called Peter Thiel. S. S. 07, marking a -0. Government work, which Palantir undertakes Palantir Technologies has sealed its first major deal with the U. Army that could be worth $800 million, the Washington Post reported on Tuesday. Palantir Secures Department of Energy Contract. 02, while Palantir reported EPS of $0. S. Army’s network design experimentation effort and help the service modernize its mission command Palantir’s growth will likely be lumpy and come in spurts as it signs new contracts over time. In December 2020, Palantir was awarded a $44. S. Meanwhile, the Palantir has contracts with numerous U. immigration authorities has been renewed for up to three years, according to a government document made public this week. 5 million two-year deal with the U. Support this Channel:Patreon: https://www. The company might have a soft quarter, and then land a massive deal that takes revenue up a notch. 8% in Wednesday’s after-market trading. Direct Listing Palantir Product and Price List Attachment 2 - Product and Price List Version dated 07/12/2019 Includes Changes through Modification P00000 DoD ESI Product and Price List for Palantis COTS HS&S Vendor Name: Palantir Technologies Inc. S. S. Palantir, along with Google, Amazon and Microsoft, was among a group of tech firms contracted to build an NHS datastore in response to the COVID-19 outbreak. Shares ticked up 1. 15 Daily Beast report, President Trump’s administration officials have suggested to the transition team for President-elect Joe Biden to do away with a Covid tracker developed by Palantir due to its inaccuracy. Palantir’s growth will likely be lumpy and come in spurts as it signs new contracts over time. K. Palantir has renewed its contract with ICE, filings show. federal agencies in recent years. Palantir Technologies just landed a 5 year $89. Palantir, which has become notorious for its close ties to security services and immigration agencies in the United States, secured its first ever deal to handle NHS data in March last year for the nominal sum of £1. but the GAAP EPS number actually was a loss of $0. Open Democracy said it had launched the legal action over Palantir's long-term involvement in the The FDA contract is one of dozens Palantir has secured with U. 5 […] Today’s video provides information on Palantir releasing news information and details on their Army Vantage contract. But NHS England confirmed on Wednesday (15 July) that the contract, which did not go to competitive tender, has been extended for four months. Palantir, which was cofounded by Silicon Valley mogul and vocal Trump-supporter Peter Thiel, has been criticized in the past for its contracts with Immigration and Customs Enforcement (ICE). Are The U. 08. In the UK, Palantir has already landed a new contract supporting UK border enforcement. Palantir shares were up 12% at 10:40 a. but the GAAP EPS number actually was a loss of $0. Army’s centralized ground infrastructure for intelligence The British health service has signed a £23 million contract with American software company Palantir to manage Covid-related data “far beyond” the pandemic, fuelling fears over a huge privacy breach. 9. As part of its digital transformation, the multinational manufacturer will expand its use of Palantir's Foundry platform to be able to respond quickly to changes throughout its supply chain. There will be no more This is part of the overall $458 million production agreement between the U. Palantir and FDIC contract. Government work, which Palantir undertakes The decision to award Palantir the contract for creating the Army’s new battlefield intelligence platform is a step in the right direction. 27) for use of its Foundry data management software while Google offered "technical, advisory and other support" for free. Palantir wins new contract with the U. 94% move from the previous day. Food and Drug Administration, a Palantir spokeswoman said, sending its shares up around 21%. There will be no more The contract value for this phase is $8. K. Food and Drug Administration, a Palantir spokeswoman said, sending its shares up around 21%. Posted by 3 days ago. NCATS Awards Palantir Technologies Inc. “The Department of Health and Human Services cited the ‘unusual and compelling urgency’ of coronavirus recovery as its reason for awarding two contracts, worth a total of $24. The Palantir contract extension was mentioned in an announcement in relation to the NHS Covid-19 datastore and how NHS teams are being given access to predictive technology which can help to forecast coronavirus hospitalisations as part of it. S. Palantir builds and deploys operating systems for the modern enterprise. Among the documents our investigation obtained is a contract between Palantir and the LA Sheriff’s Department, signed in March 2016, that details a long list of applications and software—most Palantir is no different. Palantir said that PG&E has already started the deployment of its software to create a single Palantir and FDIC contract. Palantir has also supplied data mining software to the U. Meanwhile, the Palantir, data-mining company that helped ICE track down and deport immigrants, is going public Founded with CIA money, Palantir is the paragon of surveillance capitalism — and is finally ready (Reuters) - Data analytics company Palantir Technologies Inc was awarded a $44. S Department of Energy potentially worth 89 million dollars. WASHINGTON — Palantir, the Silicon Valley-based software company that successfully sued the Army in 2016, wants to become “the central operating system for all U. Palantir also released results that showed a surprising net loss. 18%. 08. government, military and law enforcement agencies worth hundreds of millions of dollars, while also working with some foreign governments. Government work, which Palantir undertakes globally , now makes up more than half of its total revenue. Supply agreements with the government, government agencies, the health sector In December, Palantir’s short-term contract was extended for two years. It follows a lawsuit by Open Democracy which accused the NHS of “sneaking through” a Palantir was awarded the contracts for the coronavirus tracking system without competition, which the agency attributed to the “unusual and compelling urgency” of the pandemic, according to a notice from HHS. won a deal with the U. (NYSE:PLTR) announced today that on December 28, 2020, it was awarded a $22. The contract, which extends a Palantir is no different. but the GAAP EPS number actually was a loss of $0. S. Data mining software company Palantir Technologies Inc. Posted by 3 hours ago. , was awarded a $91 million firm-fixed-price contract for general research and development support of the Army Research Laboratory. PLTR’s current customers include eight of the Fortune 100, twelve of the Global 100 and twenty Palantir just landed a three-year contract with the U. 3 million) contract extension for its work on a "Covid-19 data store" that's designed to help health officials understand There are legitimate fears that contracts like the data-store deal could outlive the crisis. Activist groups have organized a series of protests across the US against Palantir this week over the company's contracts with Immigration and Customs Enforcement. US tech firm Palantir was awarded the two-year contract to continue its work on the NHS Covid-19 Data Palantir has two current contracts with ICE, one for the agency’s Investigative Case Management (ICM) internal database and another for software known as FALCON. S. 06. The other major contract is a $31. in New York. As NS Tech revealed in April, Palantir has offered up 45 engineers (a comparatively large number), to work on it in exchange for just £1 – sparking suspicions that the company believes it will eventually profit from the deal in some way. m. It could be that the work Palantir has been hired to do is well-formed, with clear goals, excellent appropriate technology, strong internal governance and a very good investment in the nation’s health. 3% on Wednesday. In the third quarter, Palantir secured a $91 million contract with the U. The contract is the second big win for Palantir under the modernization of the Army’s Distributed Common Ground System, which is broken into two “capability drops. As of FY2020, Palantir had a total deal value of US$2. The new deal committed to using Palantir's Foundry platform until December 2022. It asserts that Palantir “retains all rights” to the products and documentation they are licensing to the NYPD. Close. Mijente is urging Palantir to drop its contract with ICE and stop providing software to agencies that aid in tracking, detaining, and deporting migrants, refugees, and asylum seekers. According to the Jan. The Company builds and deploys software platforms, Palantir Gotham and Palantir Foundry, that serve as the central operating systems for its customers. That division was directly Palantir Technologies has received a contract from the U. Judging from a recently secured contract, the Palantir stock bears might have to reconsider their position. Space Force units that track objects in orbit and monitor space traffic. Meanwhile, the Throughout the years, Palantir has faced criticism for its work with the government, particularly its contracts with the Department of Homeland Security (DHS) and Immigration and Customs pltr stock got rewarded more major contracts worth millions. Army and Palantir last year. S. In the latest trading session, Palantir Technologies Inc. 4 million contract by the U. S. The company might have a soft quarter, and then land a massive deal that takes revenue up a notch. K. (PLTR) closed at $23. The service branch’s Space and Missile Systems Center kicked off Kobayashi Maru in 2019 to replace legacy space command-and-control software with new applications. 5 million, with a potential contract value of approximately $250 million over all 4 phases. 19. The company might have a soft quarter, and then land a massive deal that takes revenue up a notch. From our roots in counterterrorism to our current work spanning the public, private, and non-profit sectors, we've delivered software that incorporates principles of privacy by design. Aug 9, 2019. Food and Drug Administration to help power drug reviews and inspections, further expanding the company’s government business as it Palantir’s growth will likely be lumpy and come in spurts as it signs new contracts over time. Analysts had expected EPS of $0. federal agencies in recent years. ” “A $17. S. $36M Contract to Support its Secure Scientific Platforms Environment U. Meanwhile, the Palantir adds more contracts in fourth quarter, revenue jumps 40per cent U. (Staff/AFP/Getty Images) By . . S. But if the work is done in the open, it could be a boon A Palantir contract to provide technology to U. Palantir confirmed to Datanami that it has an HHS contract to work on COVID-19, but did not elaborate. Army and Palantir last year. m. Furthermore, the organization claims that the government caved to its wishes, “committing not to extend Palantir’s contract beyond COVID without consulting the public. ” In 2018, the Army awarded Palantir and incumbent Raytheon a 10-year, $876 million contract for Distributed Common Ground System-Army Capability Drop 1. 07, marking a -0. . Palantir Technologies Inc. 8B which represents a 24% growth year on year. 5 million two-year deal with the U. 18%. 39. OpenDemocracy engaged legal firm Foxglove to initiate legal proceedings, in February 2021, against the UK government for extending the “emergency” contract struck with Palantir at the height Palantir, whose co-founder Peter Thiel has been a vocal supporter of Trump, was formally awarded a contract last week to manage the data analytics and architecture of the UK’s new “border flow Foxglove and openDemocracy have announced the government “conceded” it would not offer Palantir a long-term role in the NHS without public consultation. S. The company presently has 125 customers across 36 industries with average revenue per customer at $5. Data analytics company Palantir Technologies Inc was awarded a $44. S. 5 million, one-year contract in partnership with SOMPO Holdings for Under the terms of the four-year contract with the Defense Department, Palantir will create a version of Foundry that pulls in thousands of the Army’s internal data sets to create a central Palantir, Washington, D. Analysts had expected EPS of $0. It will provide data management and analytics services to the FDA’s Palantir was founded on the conviction that it's essential to preserve fundamental principles of privacy and civil liberties while using data. Navy to support the service’s Naval Operational Business Logistics Enterprise family of systems. Palantir, once funded by the CIA and known in the US for its involvement with defence and immigration agencies, shot to prominence in the UK last March, when it was given an “emergency” contract by the NHS to assist in handling the coronavirus pandemic, for an initial cost of just £1 (now a longer-term £23. The Army’s leaders and its longtime contractors are smarting from Palantir ’ s recent move to sue the service to block a planned $206 million contract to build the second increment of the DCGS Under the terms of the multi-year contract, California’s largest investor-owned utility will deploy Palantir’s (PLTR) technology to streamline data management across the company and improve its Furthermore, the organization claims that the government caved to its wishes, “committing not to extend Palantir’s contract beyond COVID without consulting the public. As with most everything Palantir does, there was a twist. 18%. 5 Million) with the UK’s National Health Service (NHS England and NHS Improvement). 4 million contract awarded April 10 covers data-sharing management under Planatir’s Gotham software and a $7. 9 million Dollar Contract with the department of energy. 5 million, one-year contract in partnership with SOMPO Holdings for the “Real Data Platform for Security, Health, and Wellbeing”. Securities and Exchange Commission (SEC) to identify insider-trading schemes. 07, marking a -0. S Department of Energy potentially worth 89 million dollars. 5 million, one-year contract in partnership with SOMPO Holdings for the “Real Data Platform Furthermore, the organization claims that the government caved to its wishes, “committing not to extend Palantir’s contract beyond COVID without consulting the public. 08. Palantir (NYSE: PLTR) announced Tuesday morning that it will be providing additional services to 3M Winning an expanded contract with 3M bodes well for the analytics software company. In December, Palantir’s short-term contract was extended for two years. S. as usual do your own research before investing. This is one of Palantir’s biggest contracts ever, and its first on a “defense program of In its response, Palantir emphasized that its contracts are only with the criminal investigative division of ICE, called Homeland Security Investigations (HSI), and as such its software “does not facilitate” civil immigration enforcement by ICE’s Enforcement and Removal Operations (ERO) unit. 4 million contract to Denver-based Palantir Technologies Inc. Palantir currently provides data analysis software to ICE through a range of different contracts, including one contract made directly with the agency’s HSI division. in New York. Separately, Palantir recently announced that its software will Furthermore, the organization claims that the government caved to its wishes, “committing not to extend Palantir’s contract beyond COVID without consulting the public. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable Palantir was already embedded in the NHS, where a no-bid contract valued at £1 was only revealed after data privacy campaigners threatened to take the UK government to court. WASHINGTON - In advance of the direct listing of Palantir Technologies, Inc. Army and Palantir last year. WASHINGTON — Data analytics company Palantir has won a contract to provide software and data services to U. At the same time, UK government had also completely redacted the list of health data sources fed into the Palantir datastore, the campaign groups said. As Palantir plans its initial public offering, Mijente is also calling on investors not to invest in a company that played a key role in family separation. Open Democracy announced on Wednesday that Palantir also released results that showed a surprising net loss. S. Palantir was founded by a Trump-backing billionaire called Peter Thiel. Palantir wins new contract with the U. The company's software will help FDA approve possible COVID-19 treatments and other drugs, as well as monitor the safety of hand sanitizer and additional products. A Palantir Technologies has signed a two-year contract worth up to $31. ’s NHS to Palantir CEO Alex Karp confirmed to CNBC in January the company’s widely-reported inventory of U. Combined, those contracts are Just before Christmas we discovered that the most controversial of the datastore deals, the contract with Palantir, had been extended for a further two years, with a new scope far beyond the Palantir was founded by a Trump-backing billionaire called Peter Thiel. join While Merck, the pharmaceutical giant, has a long-term Palantir contract to use Foundry in drug development and supply chain management. Department of Defense software contract worth as much as DENVER-- (BUSINESS WIRE)-- Palantir Technologies Inc. Palantir was not shy in its ambition to take on traditional competitors and wrestle away market share in the government market, but the next phase of the software company's federal strategy will Palantir, based in Silicon Valley, was selected for the project by the Space Enterprise Consortium, an organization that SMC created in 2017 to attract startups and nontraditional companies to the On April 10, Palantir received a $17. A subreddit for all things Palantir. 8M contract option to continue work on a program that seeks to facilitate the decision-making process through a data Palantir wins new contract with the U. Palantir also released results that showed a surprising net loss. 08. 02, while Palantir reported EPS of $0. This move lagged the S&P 500's daily gain of 1. (PLTR) closed at $23. Palantir is proud to be an Equal Employment Opportunity and Affirmative Action employer. ’s NHS to While the existence of Palantir’s contract with HHS to help build the coronavirus tracking system was revealed in news reports earlier this year, many key details of the contract remain unknown . 3 million contract with HHS for a different and older data integration tool called Gotham. The group said it had won the lawsuit, because “the government finally caved”. Palantir was contracted in March 2020 by the NHS to help develop the NHS Covid-19 Data Store for a fee of £1. 4 million contract by the U. The contract - seen by the BBC - sets out how the data analysis will be used for insights into dealing with the This is part of the overall $458 million production agreement between the U. S. Palantir shares were up 12% at 10:40 a. 3 million contract with one of the leading health bodies leading the charge Palantir’s software is used by government agencies and large companies to collect, analyze and map out large data sets. Shane Harris. The FDA contract is one of dozens Palantir has secured with U. 5m data contract to the controversial US data mining firm Palantir Technologies. The company has also won a contract potentially worth over $10 million with the Department of Homeland Security for coronavirus tracking and a Through the contract — a one-year, $10 million other transaction agreement — Palantir will prototype a “data backbone” for building a common operating picture of space, according to the company. 02, while Palantir reported EPS of $0. Data analytics company Palantir Technologies Inc was awarded a $44. Under Trump’s administration, Palantir had secured a landmark $800m contract to build a battlefield software platform for the US military. 2 Palantir’s growth will likely be lumpy and come in spurts as it signs new contracts over time. Navy, public contract documents show, a major step forward for a West Coast tech company that has long struggled to break into HHS awarded Palantir an additional $2 million in May. Army to help analyze complex data sets containing information on both military personnel and The Open Democracy is accusing the government of "quietly" giving Palntair a contract extension in December and a "major, long-term" role handling NHS data. Palantir Technologies - Get Report, the software security and analytics provider co-founded by well-known tech investor Peter Thiel, has signed a new two-year contract with the U. 5 million, one-year contract in partnership with SOMPO Holdings for the “Real Data Platform Despite its downward trend, Palantir has continued to sign lucrative contracts with big name companies including 3M (NYSE:MMM), IBM (NYSE:IBM), and now Amazon (NASDAQ:AMZN). Food and Drug Administration By Sarah Smith , InvestorPlace Web Content Producer Dec 7, 2020, 12:36 pm EDT December 18, 2020 Britain's National Health Service has awarded Palantir a £1 million ($1. S. But the […] The NHS is facing a legal challenge over its decision to award a new £23. ’s NHS to In December last year the NHS signed a two-year contract with Palantir, without scrutiny, even though the engagement with the UK health service was originally supposed to be a temporary, emergency measure to help address the pandemic. and International Business Machines Corp. S. S. The firm has a deep and controversial history with US police, and has recently landed a new contract supporting UK border enforcement. 06. S. In addition Palantir Apollo is the continuous delivery software that powers both SaaS platforms. Palantir Technologies has signed a three-year contract extension with the Food and Drug Administration worth $44. This move lagged the S&P 500's daily gain of 1. S. , which will work with the federal agency on drug reviews and inspections. (NYSE:PLTR) announced today that on December 28, 2020, it was awarded a $22. (PLTR) closed at $23. The new two-year contract reaches beyond Palantir won a contract to develop an intelligence system for the U. Palantir, an analytics company co-founded by Trump ally Peter Thiel, is supporting the US Department of Health and Human Services (HHS) in building a tool to track the spread of the coronavirus Palantir, a data firm loved by spooks, teams up with Britain’s health service The contract to help stem covid-19 will cause a stir. Palantir Technologies Inc. Shares rose 2. Palantir Technologies Inc. The government has committed not to extend Palantir’s £23m contract beyond Covid-19 uses without consulting the public, a law firm campaigning for transparency on government contracts has said. Army will spend $111 million next year in a new contract with Palantir Technologies Inc. There will be no more Secondly, Palantir remains highly dependent on government contracts (about 55% of total Revenue) – particularly in areas related to surveillance and national security – causing transparency In September, Palantir was awarded a $44. and international government contracts was around $1. patreon. 5 million two-year deal with the U. The contract awarded to Palantir Technologies is potentially worth more than $800 million. The other major contract is a $31. 08. Shane Harris. Palantir (PLTR) had secured a contract last year with the Department of Health and Human Services (HHS) to better develop its system, HHS Protect to track the rising number of Covid-19 cases in the DENVER-- (BUSINESS WIRE)--Palantir Technologies Inc. palantir contract