Palantir Technologies Inc. announced it was awarded a contract from the US Special Operations Command (USSOCOM) to deliver technology solutions to support enterprise capabilities. The multi-year contract is worth up to $463 million. Palantir provides best in class software capabilities for America’s warfighters, including the men and women of USSOCOM, and this contract award will help ensure their continued competitive advantage in this next phase of competition. Palantir helps USSOCOM to parse the petabytes of data emanating from today’s environments and enables decision-making.
Palantir is driving rapid innovations across its Defense Portfolio. These include advancements in Large Language Models (LLMs) to reduce cognitive load on warfighters and commanders; as well as advancements in edge processing and edge AI to maximize the warfighter’s ability to integrate and utilize real-time information. This contract is the result of the trust built on more than a decade of work between our communities, and is a reaffirmation of Palantir’s commitment to always provide the most capable software for the US warfighters who need it most.
“Our partnership is an example of converting software innovation into real battlefield advantage. USSOCOM is at the forefront of adopting leading edge technology,” said Akash Jain, President, Palantir USG. “Just as they are the pointy end of the spear on the battlefield, they often find themselves playing that same role in innovation. We look forward to helping the command maintain its decision advantage into the next era of competition, and are deeply appreciative of the opportunity to continue serving this critical community.
Palantir Technologies is a public American company that specializes in big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp in 2003. The company’s name is derived from The Lord of the Rings where the magical palantíri were “seeing-stones,” described as indestructible balls of crystal used for communication and to see events in other parts of the world. The company is known for three projects in particular: Palantir Gotham, Palantir Apollo, and Palantir Foundry. Palantir Gotham is used by counter-terrorism analysts at offices in the United States Intelligence Community (USIC) and United States Department of Defense.