Palantir Enters Mission Command Space With US Army Futures Command Prototype
19 November 2020 - 8:37AM
Business Wire
Palantir Technologies (NYSE:PLTR) announced today it was chosen
by the US Army to receive one of two prototype contracts for the
Common Data Fabric and Data Security solution to support network
design experimentation for the Army’s next network modernization
set of technology, termed Capability Set 23.
This marks the first time Palantir’s Gotham software is being
integrated with the Army’s latest mission command software
application, called the Command Post Computing Environment (CPCE),
making Palantir a key partner in accelerating the Army’s
modernization. CPCE is now being fielded across the force,
providing commanders with better visualization tools, common
applications and new server infrastructure. The prototype will work
at the intersection of intelligence, mission planning and
execution, providing a single, integrated solution to give
commanders a global operational picture to make better data-driven
decisions.
The prototype effort, being executed by the Army’s Network-Cross
Functional Team (N-CFT) and Program Executive Office – Command
Control Communications Tactical (PEO-C3T), is another example of
N-CFT and Army Futures Command's commitment to modernizing the
Army’s Mission Command capabilities through innovative acquisition.
Palantir is proud to provide a prototype engagement that will allow
the Army to inform network design decisions by assessing how modern
data fabric and security solutions can enable enhanced situational
awareness, improve command and control, and improve collaboration
with joint, allied and coalition partners.
“We’re excited to partner with the N-CFT, and the PEO-C3T, on
this important mission to modernize the Army’s Mission Command
capabilities,” said Doug Philippone, Palantir’s Global Defense
lead. “The Army's proactive approach in seeking out
opportunities to deploy commercially-available solutions has been
instrumental in getting critical capabilities into the hands of
warfighters faster.”
This is a two phased effort in which Palantir will configure its
commercial solution for data management, a platform that is
currently being used by hundreds of customers across government and
commercial industries. The first phase starts with integration and
testing in an Army laboratory lab before fielding and evaluation
with user touchpoints and soldier feedback during phase two.
When this solution is eventually transitioned to production,
this will ultimately improve access to critical data for
commanders, deliver efficient use of networks in denied and
degraded battlefield environments, and increase the ability to
collaborate with joint and allied partners.
About Palantir Technologies Inc. Palantir Technologies is
a software company that builds enterprise data platforms for use by
organizations with complex and sensitive data environments. From
building safer cars and planes, to discovering new drugs and
combating terrorism, Palantir helps customers across the public,
private, and nonprofit sectors transform the way they use their
data. 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201118006096/en/
Lisa Gordon media@palantir.com
Palantir Technologies (NYSE:PLTR)
Historical Stock Chart
From Apr 2024 to May 2024
Palantir Technologies (NYSE:PLTR)
Historical Stock Chart
From May 2023 to May 2024