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PALANTIR TECHNOLOGIES INC.

(PLTR)
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Palantir Technologies : Recognized with Amazon Web Services Global Public Sector Partner Award

06/17/2021 | 12:02pm EDT

Palantir recognized for its groundbreaking COVID-19-fighting work among AWS Global Public Sector partners

Palantir Technologies Inc. (NYSE:PLTR) announced today that it was named as a 2021 Global AWS Partner Network (APN) Public Sector Partner Award winner for its Palantir platform in its work to combat COVID-19. The AWS Global Public Sector Partner Awards recognize leaders in the channel playing a key role helping customers drive innovation and build solutions using AWS Cloud technology.

Palantir’s platform was instrumental in the fight against COVID-19 by providing customers a secure platform to integrate, harmonize, and analyze COVID-19 data. At the NIH’s National Covid Cohort Collaborative (N3C), Palantir software was used to accelerate research and improve understanding of the disease. More than 1000 researchers used N3C to collaborate on hundreds of projects that ultimately helped guide an effective response to COVID-19. Palantir was also used by other organizations across the U.S. government to better respond to the pandemic.

“Our software was designed to tackle the world’s hardest problems, and we are proud to have partnered with AWS to rise to the occasion during an unprecedented public health crisis,” said Palantir vice-president Josh Harris. “Palantir’s platform is ideally suited to strengthen the ability of organizations across healthcare systems to combat the pandemic. By centralizing disparate data sources and harmonizing that data, Palantir allowed scientists to accelerate their patient research and improve their response to COVID-19.”

“Every year we are impressed by how our partners continue to innovate using cloud technology, helping their customers raise the bar on mission success, and this year is no different,” said Sandy Carter, Vice President, Worldwide Public Sector Partners and Programs, AWS. “The 2021 AWS Public Sector Partner award winners display a sincere commitment to impact the lives of our customers around the globe.”

Palantir, along with the other award winners, will be recognized at a special online event hosted by theCUBE on June 30, 2021. To learn more about Palantir platform and its successful implementation for the National Institutes of Health, register to attend The AWS Public Sector Partner Awards 2021 on theCUBE.

The APN is dedicated to helping partners build, market, and sell their offerings so they can grow successful cloud businesses. The 2021 Global APN Public Sector Awards recognize the partners who leaned into innovation and customer obsession to deliver amazing results. Winners were selected based on their demonstration of Amazon Leadership Principles, engagement and success with the APN, and delivery of innovative of solutions to public sector customers in a customer-obsessed way.

About Palantir Technologies

Palantir Technologies is a software company that builds enterprise data platforms for use by organizations with complex and sensitive data environments. From building safer cars and planes, to discovering new drugs and combating terrorism, Palantir helps customers across the public, private, and nonprofit sectors transform the way they use their data. Additional information is available at https://www.palantir.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir’s expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms’ reliability; and our customer’s ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.


© Business Wire 2021
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Financials (USD)
Sales 2021 1 502 M - -
Net income 2021 -578 M - -
Net cash 2021 2 364 M - -
P/E ratio 2021 -173x
Yield 2021 -
Capitalization 52 891 M 52 891 M -
EV / Sales 2021 33,6x
EV / Sales 2022 25,8x
Nbr of Employees 2 593
Free-Float 83,3%
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Alexander Caedmon Karp Chief Executive Officer & Director
Stephen Cohen President, Secretary & Director
David Glazer Chief Financial Officer & Treasurer
Peter Andreas Thiel Chairman
Shyam Sankar Chief Operating Officer & Executive VP
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