Nov 202208
Palantir Technologies buys Palantir Japan
A Japanese company created to distribute Palantir platforms to the Japanese market
$149 millionClosed Nov 8, 2022
Company
Palantir Technologies Inc.
Palantir builds software that lets government and commercial organizations integrate their data, decisions and operations at scale. ↗
| Headquarters | Aventura, FL ↗ |
|---|---|
| Founders | Stephen Cohen, Alexander Karp, Peter Thiel ↗ |
| Leadership | Alexander Karp, CEO ↗ |
| Employees | 4,429 ↗ |
| Revenue | $4.5 billion (fiscal 2025) ↗ |
| Department of War obligations | $2.7 billion in prime contracts since fiscal 2022 ↗ |
| Shares | PLTR ↗ |
Products
- Gotham is Palantir's platform for defense and government operations, integrating data across domains and sensors in near real-time from operations centers to the tactical edge. ↗
- Foundry is Palantir's central operating system for an organization's interconnected data, logic and action, used by all of its commercial customers. ↗
- AIP gives organizations unified access to large language models and other AI, built on their own data in the Ontology. ↗
- Apollo delivers Palantir's software and updates to customers in the cloud, on-premises or in rugged environments. ↗
Customers
Deals since 2020
Earnings
Follow the reporting
- EarningsPalantir’s revenue growth outpaces total contract value growthRevenue nearly doubled as U.S. commercial revenue passed U.S. government revenue. Closed contract value grew 6% year over year against a company-reported record base.
- FindingPalantir accounts for most of the rise in AI-tagged defense contract obligationsAcross AI-tagged defense contracts, obligations rose 57%. Take Palantir out of both years and the increase shrinks to 4%.
Our coverage
- IndustryPalantir's U.S. commercial revenue overtakes U.S. government revenueU.S. commercial revenue pulls ahead even as U.S. government revenue grows 96% year over year.
- Capital · New ventureOndas owns all of Regna AI, the new defense AI company Palantir will powerOndas, which will be Regna's first customer, expects to engage financial partners over time and named no other customer.
- ContractsArmy awards nine companies NGC2 app contracts worth about $93.6 million in year oneThe nine join Anduril, Palantir, Raft and Striveworks in the Army's Next Generation Command and Control software headed to I Corps. The Army's announcement gave only the collective value.