2025-04-15 Science & Technology
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Nato Buys Palantir Ai-Warfighting Maven Software System
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(Investors) Palantir Technologies (PLTR) has finalized the sale of an artificial intelligence-enabled warfare fighting system to NATO, the U.S.-Europe mutual defense alliance. Palantir stock climbed on Monday amid the news.
In a news release, the NATO Communications and Information Agency (NCIA) said Allied Command Operations has purchased the Palantir Maven Smart System for deployment at its military headquarters. The agreement was finalized on March 25, said the NCIA.
On the stock market today, Palantir stock rose more than 8% to 96.25 in early trading. In 2025, Palantir stock had climbed 17% as of Friday's market close.
However, shares are down over 30% from an all-time high of 125.41 on Feb. 19.
Palantir stock has forged a 98.17 entry point from a double-bottom base.
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Posted by Besoeker 2025-04-15 00:00||
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Posted by Skidmark 2025-04-15 10:09||
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Posted by Besoeker 2025-04-15 10:42||
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