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Palantir’s CEO inks new manufacturing deals with defence start-ups

Lizette Chapman / Bloomberg
Lizette Chapman / Bloomberg • 3 min read
Palantir’s CEO inks new manufacturing deals with defence start-ups
Palantir’s stock has soared in recent years — rising by more than 200% in the last 12 months, and overtaking the market capitalisations of more established defence firms such as RTX and Lockheed Martin. Photo: Bloomberg
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Palantir Technologies CEO Alex Karp said the company wants to make American manufacturing more efficient — announcing a flurry of new partnerships and stressing the importance of a strong industrial base to bolster the economy and national security.

Karp spoke Thursday at AIPCon in Palo Alto, California, a Palantir event showcasing how companies are using its artificial intelligence tools. In particular, Palantir has put a focus on up-and-coming defence tech firms, announcing plans to work with them to boost manufacturing for aircraft, submarines and other hardware.

For example, Archer Aviation, a vertical-takeoff-and-landing aircraft company, will lean on Palantir to scale up its manufacturing efforts, and will use its AI for features like route planning and air traffic control, the companies said Thursday.

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