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Palantir Technologies

Palantir Technologies Inc.
Company typePublic
IndustrySoftware
Founded2003 (2003)
Founders
HeadquartersDenver, Colorado, U.S.
Key people
Products
  • Palantir Gotham
  • Palantir Foundry
  • Palantir Apollo
RevenueIncrease US$2.23 billion (2023)
Increase US$120 million (2023)
Increase US$217 million (2023)
Total assetsIncrease US$4.52 billion (2023)
Total equityIncrease US$3.56 billion (2023)
Number of employees
3,735 (2023)
Websitepalantir.com
Footnotes / references
[1][2]

Palantir Technologies Inc. is an American publicly traded company that specializes in software platforms[3] for big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel,[4] Stephen Cohen, Joe Lonsdale,[5] 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.[6]

The company has four main projects: Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir AIP. Palantir Gotham is an intelligence and defense tool used by militaries and counter-terrorism analysts. Its customers included the United States Intelligence Community (USIC) and United States Department of Defense.[7] Their software as a service (SaaS) is one of five offerings authorized for Mission Critical National Security Systems (IL5[8]) by the U.S. Department of Defense.[9][10] Palantir Foundry is used for data integration and analysis by corporate clients such as Morgan Stanley, Merck KGaA, Airbus, Wejo, Lilium, PG&E and Fiat Chrysler Automobiles.[11] Palantir Apollo is a platform to facilitate continuous integration/continuous delivery (CI/CD) across all environments.[12][13]

Palantir's original clients were federal agencies of the USIC. It has since expanded its customer base to serve both international as well as state and local governments, and also to private companies.[14]

  1. ^ "US SEC: Form 10-K Palantir Technologies Inc". U.S. Securities and Exchange Commission. 20 February 2024.
  2. ^ Bursztynsky, Jessica (19 August 2020). "Palantir to relocate headquarters from Silicon Valley to Colorado". CNBC. Archived from the original on 28 October 2020. Retrieved 5 October 2020.
  3. ^ "Palantir Platforms". Palantir. Retrieved 2024-02-02.
  4. ^ Steinberger, Michael (2020-10-21). "Does Palantir See Too Much?". The New York Times Magazine. ISSN 0362-4331. Retrieved 2020-11-02.
  5. ^ Chernova, Yuliya (June 12, 2019). "Palantir Co-founder Says IPO for Company Likely Years Away". Wall Street Journal. pp. October 28, 2024.
  6. ^ Canales, Katie. "Secretive data company Palantir just officially revealed its plans to go public. Here's why it's named after an all-powerful seeing stone in the 'Lord of the Rings'". Business Insider. Retrieved 2024-01-19.
  7. ^ "Peter Thiel's Palantir Wins Role in $823 Million Government Contract". Bloomberg. 2020-02-25. Archived from the original on 2020-10-28. Retrieved 2020-03-18.
  8. ^ "What Is an IL5 Certification?". Akamai. November 13, 2024. Archived from the original on November 13, 2024. Retrieved November 13, 2024. IL5 is a certification by the United States Department of Defense (DoD) that authorizes a cloud service provider (CSP) to store and process some of the DoD's most sensitive data. The IL5 certification indicates that a CSP has the level of controls, protocols, and technologies to securely handle Controlled Unclassified Information (CUI) that is deemed to be mission critical. The security controls required for IL5 certification are among the strictest in the cloud services industry. [...]

    * Impact Level 5 (IL5) is for DoD CUI and National Security Systems (NSS)
  9. ^ Cite error: The named reference bare_url was invoked but never defined (see the help page).
  10. ^ Cite error: The named reference npr was invoked but never defined (see the help page).
  11. ^ "Palantir Posted Nearly $1 Billion in 2018 Sales, Executive Says". Bloomberg.com. Bloomberg. 2019-01-16. Archived from the original on 2020-10-28. Retrieved 2019-02-21.
  12. ^ "Apollo | Palantir". www.palantir.com. Retrieved 2021-12-14.
  13. ^ "Palantir Apollo | Continuous deployment is achievable at scale — no matter the complexity or constraints". Palantir. Retrieved 2024-02-02.
  14. ^ Cite error: The named reference historypalantir was invoked but never defined (see the help page).

Palantir Technologies

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