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investors.palantir.com/news-details/2020/...ment/default.aspx
Army Vantage Reaffirms Palantir Partnership with $114M Agreement
12/21/2020
DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE:PLTR) announced today that the U.S. Army’s Program Executive Office for Enterprise Information Systems (PEO EIS) opted to execute the second year of its partnership with Palantir on the Army Vantage program, for a total price of $113.8 million for the year.
In December 2019, the U.S. Army selected Palantir for a $458 million production agreement to power Army Vantage, a comprehensive data analytics platform to facilitate data-driven decision making. The contract was for a base year and three option years, and Palantir was awarded $110 million at the time for the base year. The Army selected Palantir under a competitive prototype process and worked with Palantir to implement Army Vantage and quickly bring it to production.
Vantage is powered by Palantir’s software, which provides a central operating system that enhances readiness and offers near real-time visibility and access to disparate Army data sources on an integrated data platform. The Palantir platform enables organizations to make better use of the data they have by breaking down silos and offering a single operating picture.
Over the last year alone, Army Vantage has helped Army leaders make data-driven decisions in the fight against COVID-19 and allowed billions of taxpayer dollars to be freed up for high priority projects. In November, Army Vantage received a Public Sector Government Innovation Award for making data analysis accessible across the Army.
“This renewal highlights the partnership between Palantir and the Army,” said Doug Philippone, Global Defense Lead at Palantir. “Vantage continues to fulfill its mission of helping the U.S. Army make the best possible use of its data.”
All of that has now turned out to be false. Today we can reveal that right as health secretary Matt Hancock was heralding the new vaccine and telling Britons life would be getting “back to normal” by Easter, his government was quietly sealing a lucrative deal with Palantir, worth up to £23 million, to run its massive health datastore for two years. The contract, awarded on 11 December, paves the way for Palantir to play a major, long-term role in the NHS beyond COVID – now, even by the government’s own admission.
It’s still not clear what precisely Palantir has been given access to: the list of NHS datasets that the firm will draw on have been redacted from the contract. What is clear, though, is that the government deliberately struck this deal on the quiet – knowing it would be controversial.
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13 | 6.242 | Palantir mit Börsengang | Moneyboxer | pacifist | 16:33 | |
6 | palant.---tief--wendep. | wolke777 | Mosshos | 20.01.23 17:02 | ||
2 | 11 | Palantir | skaribu | Gaertnerin | 11.05.21 20:46 |