Palantir and Hadean partner to expand battlefield AI for UK MoD

LONDON - Palantir Technologies Inc. (NASDAQ:PLTR), the data analytics giant with impressive revenue growth of 38.79% and industry-leading gross margins of 80.03%, and UK defense tech scale-up Hadean announced Wednesday a partnership to deploy Hadean’s battlefield AI simulation and command and control platforms on Palantir’s Foundry software for the UK Ministry of Defence (MoD). According to InvestingPro analysis, Palantir’s strong financial metrics and market performance have contributed to its substantial $385.17B market capitalization.

The collaboration aims to expand Hadean’s existing relationship with the MoD, following its £20 million Enterprise Agreement Lite signed in November 2024 to provide digital wargaming and command and control platforms powered by AI.

Hadean’s technology includes simulation tools used by armed forces to rehearse combat scenarios, with AI generating virtual forces for training in live and virtual environments. The company’s wargaming technology (populAI) depicts human behaviors in evolving scenarios, while its command and control software (dominAI) integrates data sources to provide real-time situational awareness.

By utilizing Palantir’s Foundry software, Hadean’s products will integrate with the MoD’s existing data infrastructure, potentially accelerating deployment to classified environments within months, according to the companies.

"Hadean’s integration with Palantir allows us to offer the most comprehensive AI and simulation product suite to the UK’s classified environments," said Craig Beddis, CEO and Co-Founder of Hadean.

Polly Scully, UK Defence Lead for Palantir, noted that the partnership "will support the growth of one of Britain’s best tech companies" by providing access to Palantir’s secure software.

The announcement represents a further step in Palantir’s relationship with the MoD, with the company noting that more than a fifth of its global workforce is based in the UK.

This information is based on a press release statement from the companies. With a year-to-date return of 114.68% and an "GREAT" financial health score from InvestingPro, Palantir continues to demonstrate strong market performance. Investors seeking deeper insights can access comprehensive analysis and 20 additional ProTips through InvestingPro’s detailed research reports, available for over 1,400 US stocks including Palantir.

In other recent news, Palantir Technologies Inc. has been the focus of several significant developments. UBS has reiterated its Neutral rating for Palantir, maintaining a price target of $165. This assessment was based on discussions with key stakeholders, including one of Palantir’s largest customers and two service partners. Additionally, William Blair has reaffirmed its Market Perform rating on Palantir following the AIPCon 8 event, where new customer logos were added to its commercial logo tracker, signaling ongoing commercial momentum.

In a strategic move, Palantir has partnered with Lumen Technologies to integrate its Foundry and Artificial Intelligence Platform across Lumen’s operations, aiming to enhance business transformation efforts. This collaboration seeks to streamline workflows and accelerate decision-making processes for Lumen. Furthermore, Palantir’s AIPCon 8 event showcased over 70 commercial customers, including notable names such as Waste Management, bp, and American Airlines, highlighting diverse applications of Palantir’s technology. On a cautionary note, Palantir’s stock recently experienced a decline following Citron Research’s expression of caution regarding the company’s valuation, echoing sentiments from OpenAI’s CEO about the potential overvaluation in the AI market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.