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Palantir Technologies

Palantir Technologies Inc.
Company typePublic
IndustrySoftware
Founded2003 (2003)
Founders
Headquarters
Denver, 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 a public American company that specializes in software platforms[3] for big data analytics. Headquartered in Denver, Colorado, it was founded by Peter Thiel,[4] Nathan Gettings, Joe Lonsdale, Stephen Cohen, 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.[5]

The company has three main projects: Palantir Gotham, Palantir Apollo, and Palantir Foundry. 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.[6] Their software as a service (SaaS) is one of five offerings authorized for Mission Critical National Security Systems (IL5) by the U.S. Department of Defense.[7][8] 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.[9] Palantir Apollo is a platform to facilitate continuous integration/continuous delivery (CI/CD) across all environments.[10][11]

Palantir's original clients were federal agencies of the USIC. It has since expanded its customer base to serve both international as well state and local governments, and also to private companies.[12]

  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. ^ 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.
  6. ^ "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.
  7. ^ Cite error: The named reference bare_url was invoked but never defined (see the help page).
  8. ^ Cite error: The named reference npr was invoked but never defined (see the help page).
  9. ^ "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.
  10. ^ "Apollo | Palantir". www.palantir.com. Retrieved 2021-12-14.
  11. ^ "Palantir Apollo | Continuous deployment is achievable at scale — no matter the complexity or constraints". Palantir. Retrieved 2024-02-02.
  12. ^ Cite error: The named reference historypalantir was invoked but never defined (see the help page).

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