FAA Selects Palantir for Aircraft Certification Safety Monitoring Solution
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Business Wire
DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NYE:PLTR) today announced it has been contracted by the Federal Aviation Administration (FAA) to provide a data analytics tool that will help advance the agency’s modernization objectives for aviation safety.Palantir Foundry will support the FAA’s aircraft certification and continued operational safety activities, including the ongoing monitoring of the 737 MAX fleet’s return to service. The one-year contract with two additional option years is valued at a maximum of $18.4 million.Using Palantir Foundry will enable FAA aerospace engineers and analysts to more rapidly and efficiently monitor, analyze, visualize, and share aviation safety data used in their determination of whether an incident presents a past or future safety risk.Palantir’s software expertise will help the FAA to sustain their global leadership in the advancement of aviation safety and foster greater agility in adapting to the dynamic environment.“We are proud to
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PLTR
Earnings
- 2/5/24 - Beat
PLTR
Sec Filings
- 3/19/24 - Form 4
- 3/15/24 - Form 144
- 3/12/24 - Form 4
- PLTR's page on the SEC website