Palantir (PLTR) Selected by US Army for Intelligence Data Fabric and Analytics Solution

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Palantir (PLTR) Stock Gains 5% Following U.S. Army Contract

October 5, 2021 4:57 PM EDT

Shares of Palantir Technologies Inc. (NYSE: PLTR), the software company building enterprise data platforms for organizations with complex and sensitive data environments, were trading more than 5% higher after-hours Tuesday after the company was selected by the U.S. Armys Program Manager for Intelligence Systems and... More

Palantir (PLTR) Expands Collaboration with NIH to Support COVID-19 Research

October 4, 2021 6:59 AM EDT

Palantir Technologies Inc. (NYSE: PLTR), a leading builder of operating systems for the modern enterprise, announced today the National Institutes of Health's (NIH) National Center for Advancing Translational Sciences (NCATS) has awarded Palantir a contract to continue providing a secure cloud-based data enclave to centralize data on COVID-19 for collaborative clinical research.

The contract to support the National COVID Cohort Collaborative (N3C) and its data enclave is an indefinite delivery indefinite quantity (IDIQ) contract with a total potential value of $59.5m over two years, with an initial task... More

Palantir Technologies' (PLTR) Soon-to-Be-Announced $90 Million VA Contract Was its Only Significant New Government Contract, Says William Blair

October 1, 2021 3:19 PM EDT

William Blair analyst Kamil Mielczarek reiterated an Underperform rating on Palantir Technologies Inc. (NYSE: PLTR), noting that it's soon-to-be-announced $90 million VA contract was likely its only significant new government contract in the third quarter.

"Palantir will likely announce the contract early next week," said Mielczarek. " While this new contract is a positive for... More