Palantir delivers first two AI-enabled systems to U.S. Army
Palantir is rolling out the first two artificial intelligence-enabled systems as part of its $178 million contract with the U.S. Army, the company said Friday.
Palantir is rolling out its first two artificial intelligence-enabled systems to the U.S. Army, the company said Friday.
The Tactical Intelligence Targeting Access Node systems, or TITAN, act as a mobile ground station that harness AI to collect data from space sensors to assist soldiers with warfare strategy and improve strike targeting and accuracy, according to Palantir.
President and Chief Technology Officer of Palantir USG Akash Jain called the agreement a "leapfrog moment" for the U.S. Army as it makes a big investment in software during an interview with CNBC's Morgan Brennan.
Palantir won the $178 million contract last March, beating out competitor and defense giant RTX Corporation. It marked a key milestone for the company known for its data analysis and software services, as well as the first time a software company has worked as a primary contractor for a significant hardware program.
The company has long provided solutions to U.S. government and defense agencies, showing 45% year-over-year growth in that segment last quarter. The agreement with Palantir also underscores the shifting landscape of software use on the battlefield. Earlier this week, Scale AI announced a deal with the Department of Defense for a flagship AI agent program.