Palantir’s Inaugural Warp Speed Cohort to Power Manufacturing and Production Capabilities Through Advanced AI & Technology
11 December 2024 - 10:59PM
Business Wire
Palantir Technologies Inc. (NASDAQ: PLTR) today announced its
first Warp Speed cohort, comprised of companies committed to
reindustrializing America’s manufacturing and production
capabilities through advanced AI and technology. The inaugural
members include: Anduril Industries, L3Harris, Panasonic Energy of
North America (PENA), and Shield AI.
Palantir’s Warp Speed is the manufacturing operating system that
provides the speed, flexibility, and security required for the
modern manufacturer. It is architected on the principle that
software should adapt to the business, not the other way around.
The inaugural cohort is already using the software to gain an
advantage in dynamic production scheduling, engineering change
management, automated visual inspection for quality, and more.
“At the dawn of WW2, we didn’t have a Defense Industrial Base,
we had an American Industrial Base. This is also what our future
must look like—America must reindustrialize and mobilize at warp
speed to win,” said Shyam Sankar, CTO of Palantir Technologies. “We
are proud to support Anduril, Shield AI, L3Harris, and Panasonic
Energy with best-in-class software to manufacture the critical
products that underwrite our freedom and prosperity.”
Anduril Industries is a leader in autonomous technologies. The
company was the first to use the Warp Speed operating system in
production as part of the Arsenal OS suite of tools. It powers many
workflows to support manufacturing at scale, such as dynamic
material resource planning, phasing in of new configurations
efficiently, and reducing material and labor variances.
“Speed of delivery is everything for us,” said Tom Bosco, Chief
Information Officer at Anduril. “Warp Speed helps us ensure
manufacturing capabilities for our customers quickly. By using the
software, we’ve seen up to 200x efficiency gain in our ability to
anticipate and respond to supply shortages.”
Shield AI has received record demand for their V-BAT, the
company’s flagship unmanned aerial system. The company uses the
Warp Speed OS to improve the speed of iteration for engineering
changes and optimize production plans to meet burgeoning customer
demand. Shield AI announced the expansion of its work with Palantir
last week, using Warp Speed to deliver scalable, AI-powered
solutions to protect service members and civilians.
“Our mission requires rigorous, unified execution from design to
delivery. Production is as fast as the slowest part or process;
Warp Speed will help our different functions identify chokepoints
and stay in lock step,” said Ryan Tseng, CEO and founder of Shield
AI.
L3Harris announced its strategic partnership with Palantir in
October. L3Harris is using Warp Speed to close the loop between
design, configuration and production, enabling production planning
in parallel to ongoing configuration improvements.
“Warp Speed is a key component in our strategy to enhance
operational efficiency, enabling improvements like process
automation and smarter inventory management,” said David Zack, Vice
President, Global Operations & Program Excellence, L3Harris.
“As the industry’s Trusted Disruptor, we're continually exploring
new partnerships and capabilities that drive value for our
customers.”
Panasonic Energy of North America has extended its partnership
with Palantir via a three-year agreement to revolutionize American
battery manufacturing. With Warp Speed, Panasonic Energy is quickly
evolving mission critical systems to unlock operational
efficiencies, in turn strengthening US energy self-sufficiency and
stability, and increasing resilience against potential global
supply chain disruptions.
“Warp Speed is enabling us to rapidly transform our
manufacturing operation in Nevada and accelerate the ramp-up of our
new factory in De Soto, Kansas,” said Allan Swan, President,
Panasonic Energy of North America. “With our new facility, we are
transforming a historical industrial site into a gigafactory that
is creating advanced American manufacturing jobs and strengthening
the domestic supply chain in a critical industry.”
For more information on how to deploy the Warp Speed OS and to
join future cohorts, visit the Warp Speed website here.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional
information is available at https://www.palantir.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements may relate to, but are not limited to,
Palantir’s expectations regarding the amount and the terms of the
contract and the expected benefits of our software platforms.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified.
Forward-looking statements are based on information available at
the time those statements are made and were based on current
expectations as well as the beliefs and assumptions of management
as of that time with respect to future events. These statements are
subject to risks and uncertainties, many of which involve factors
or circumstances that are beyond our control. These risks and
uncertainties include our ability to meet the unique needs of our
customer; the failure of our platforms to satisfy our customer or
perform as desired; the frequency or severity of any software and
implementation errors; our platforms’ reliability; and our
customer’s ability to modify or terminate the contract. Additional
information regarding these and other risks and uncertainties is
included in the filings we make with the Securities and Exchange
Commission from time to time. Except as required by law, we do not
undertake any obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future developments, or otherwise.
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Media Contact Morgan Gress media@palantir.com
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