Palantir (PLTR) Stock Gains 5% Following U.S. Army Contract
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Army Selects Palantir for Intelligence Data Fabric and Analytics Solution
October 5, 2021 4:13 PM EDTDENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced it has been selected by the U.S. Armys Program Manager for Intelligence Systems and Analytics to deliver the Armys Intelligence data fabric and analytics foundation for the Capability Drop 2 (CD-2) program.
Palantir was selected to progress to the next phase of the Armys competitive $823m indefinite delivery, indefinite quantity (IDIQ) contract. After collaborating with the Army on a successful Test, Fix, Test process, Palantir will support the Army as they proceed through final testing and fielding.
Palantir will deploy... More
NIH Continues Collaboration With Palantir Technologies to Support COVID-19 Research
October 4, 2021 6:59 AM EDTDENVER--(BUSINESS WIRE)-- 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... More
