Palantir Technologies has expanded its collaboration with Carahsoft Technology, allowing U.S. government agencies, state and local governments, educational entities, and Canadian Government and Defense Industrial Base organizations to leverage its Apollo Platform. PLTR has also partnered with AirMatrix, integrating its Foundry for Builders into AirMatrix's operations to enhance airspace security, including threat detection and risk mitigation. Despite its high valuation, Palantir's financial health is robust, with $0 debt, almost 80% gross margins, a cash reserve of $2.9 billion, and projected earnings growth of 55.4%.
Palantir's New Announcements And How This Stock Is Scaling For Long-Term Growth