Palantir office known as the “Jewel Box” in Palo Alto, California. Mark Neuling, CNBC
CNBC: Peter Thiel’s stealth start-up Palantir has unlocked a new opportunity to sell to the US military as revenue tops $1 billion
* 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 for nearly a decade.
* The company has also made progress on the enterprise front, expanding a significant partnership with Airbus and branching out in the automotive and pharmaceutical markets.
Palantir — the Silicon Valley data analytics company co-founded by PayPal founder and Trump advisor Peter Thiel — has made the CNBC Disruptor 50 list for six years running. But this year was perhaps the most disruptive of all for the company, which has attracted $2.8 billion in funding, raising its valuation to $20.5 billion, according to PitchBook.
In 2019, Palantir was able to leverage a favorable landmark 2017 court decision to break through government contracting barriers that formerly kept the firm out of the running for some of the Pentagon’s most lucrative contracts.
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WNU Editor: WNU has been following this company since the beginning .... The CIA's Investment In Tech Company Palantir Is Reaping Billions (December 10, 2013). I like this company because it values the importance of not only accumulating data, but knowing how to process and analyze it. I have always believed that future conflicts will be determined by using this same technology. Accumulating and processing the data from a battlefield, and then using it to target high-value targets.
5 comments:
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Editor,
Your article mentions high value targets. This makes me wonder if Palantir is assisting in Afghanistan. For the last few months there has seemingly been a notable increase in 'middle and higher level managers' of the Taliban and other similar types being taken out. Admittedly these announcements are from afghan newspapers so bring out your salt shaker while reading them but we can hope.
*Future .proxy. conflicts.
On a side note, for a short period of time I was his neighbor when I lived in Parnell, Auckland.
It was when I was talking to the landlord that owned the house when I realised whom it was.
Back in those days he was simply a geek with better taste in clothes.
Other than that I have nothing constructive to add to this story.
Thats what your mom said.
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