2024-06-22 10:37:19 ET
Palantir Technologies (NYSE: PLTR) is taking its analytic and artificial intelligence (AI) expertise to outer space after forming a strategic partnership with Starlab Space.
Let's take a look at the deal and whether this could help send the stock to the moon and beyond.
Already a mission-critical partner to the U.S. and other governments around the globe, as well as the public sector, Palantir is looking to conquer space. The company struck a deal with Starlab to become its exclusive supplier of enterprise-wide software data management solutions for its commercial space station.
For further details see:
Palantir Inks Deal With Starlab. Is the Stock Ready to Head to the Stars?