Startup Nominal Raises $27 Million to Aid Defense Tech Boom [BNN Bloomberg (Canada)]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: BNN Bloomberg
The startup, Nominal, has raised more than $27 million from some of Silicon Valley's top firms while operating in stealth for two years. The existence of Nominal, its investors and customers, hasn't been previously reported. The company is developing software for the growing class of tech startups building drones, satellites, nuclear reactors and other advanced hardware. Its customers include portable nuclear micro-reactor company Radiant Industries Inc., satellite startup Muon Space Inc. and space manufacturing company Varda Space Industries Inc. “The tools to build spacecraft are the same as they were 50 years ago,” said Founders Fund Partner Delian Asparouhov, who is also a co-founder of Varda. Varda has been using Nominal's software for its work manufacturing pharmaceuticals in micro-gravity. “I love what they're working on,” Asparouhov said. “There's a dearth of software for hardware engineers.” Nominal is led by Cameron McCord, a former submarine officer who served in the
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PLTR
Earnings
- 2/5/24 - Beat
PLTR
Sec Filings
- 5/3/24 - Form 4
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- PLTR's page on the SEC website