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Palantir Technologies Inc (PLTR) Announces Renewal of Its 3 Year Contract with DGSI [Yahoo! Finance]

Palantir Technologies Inc. - Class A (PLTR) 
Company Research Source: Yahoo! Finance
the renewal of its three year contract with France's DGSI, which is the country's domestic intelligence agency. The extension results in a partnership that has lasted more than a decade, with Palantir supplying its proprietary software along with related integration, service and deployment services. Management noted that this extension comes at a critical time when demand for increased technology and data privacy has become important for governance. Notably, Palantir Technologies Inc.‘s (NASDAQ:PLTR) tools has helped the French government successfully and securely host important events including 2024 Paris Olympics and Paralympics. Earlier on December 10, Palantir Technologies Inc. (NASDAQ:PLTR) also announced securing a $446 million contract by the US Navy. This comes as the company is partnering with the US Navy on ShipOS, which is a new initiative that uses Palantir's Foundry and AI Platform to modernize the Maritime Industrial Base. That said, Wall Street also maintains a po Show less Read more
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