/biz/ - Business & Finance

BUY PLTR NOW

They have two primary products that are both focused on taking large complicated data sets and making sense of them. One is used for government security and has top secret applications, the other is their newer private sector version.

For example, a cop can type in someone's license plate number, and palantir's software can pull a pluthera of information about the person. Where that person has been. Who they've been talking to. What they've been buying etc.

According to the CEO, anytime a terrorist is killed in the world, they were most likely found with palantir's software, and then killed with another piece of software they made.

But because of their super specialized skill set and track record with the US government, they have been soaking up tons of contracts with governments all over the place.

Air force drone AI - project maven. US army Distributed Common Ground System.

They recently picked up another AI contract with the US army.

They protect data for a bunch of random science organizations.

They're kind of becoming the go-to source for new custom covid tracking software.

It goes on and on.

The big big question for this stock, is will they be able to take this government software and apply it commercially? Their CEO says that's their new objective.