IN THEIR WORDS

AUTHORS: Graduates of the course “Intelligence analysis of information: Artamonov Sergey, Komartsov Ilya, Arutyunyan Arsen, Prokhorova Alina, Artem Demeshev and others. PROJECT MANAGER: Romachev Roman Vladimirovich

Palantir Technologies Inc.

The Assessment

Palantir Technologies was created by Thiel a year after the successful sale of PayPal, in May 2003. In a sense, the company was an extension of PayPal: Thiel’s idea was to use PayPal’s anti-fraud expertise “in other contexts – to fight terrorism.” In his interviews, Peter Thiel repeatedly emphasized that after the September 11, 2001, terrorist attacks in the United States, the issues of security, civil liberties, and the possibility of balancing between them were actively discussed. Thiel wanted to develop a tool that would enable government agencies and intelligence agencies to obtain security-related information while minimizing the intrusion into people’s privacy. It was about analyzing super-large data arrays collected from the maximum number of available sources to search for non-obvious patterns (patterns) indicating the emergence of a threat – preparation for a crime or terrorist attack.

Today it is called “big data” analysis and there are many software and hardware developments for this, but in the early 2000s everything was different. The name Palantir comes from the “legendarium of Tolkien”, the Palantir is a symbol of power, a “looking stone”, made in the form of a magic ball.

In 2004, former PayPal programmer Nathan Gettings, PayPal programmer trainee Joe Lonsdale, and Stanford undergraduate student Stephen Cohen were involved in the work on creating a software prototype. Prior to joining Palantir, Gettings worked at PayPal on the Igor system, which automatically screens for suspicious transactions and presents them in a form convenient for payment controllers and helped to cope with a wave of fraudulent transactions in the early 2000s; Cohen studied artificial intelligence at Stanford, and Lonsdale was editor-in-chief of Thiel’s libertarian magazine The Stanford Review while at Stanford.

Later in 2004, Thiel hired fellow Stanford Law School student Alex Karp as CEO. In the same year, Thiel, Gettings, Lonsdale, Cohen and Karp are registered as co-founders of the company, in the late 2000s all of them (along with Elon Musk, Reed Hoffman and some other former PayPal employees) were referred to by the media as the so-called ” mafia PayPal “- an informal association of entrepreneurs and investors, formed around Thiel.

Thiel and Karp are known to have consulted with former National Security Adviser John Poindexter in 2004, through the mediation of Richard Pearl, who later commented positively on the user interface of the prototype shown to him.

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Until 2005, the company existed on the funds of the personal fund of Thiel, such Silicon Valley venture capital funds as Sequoia Capital and Kleiner Perkins did not find it possible to invest in Palantir at an early stage. In 2005, Palantir received investments from several European investors through Karp’s personal connections. In 2005, the firm received its first funding from In-Q-Tel (the company’s senior partner sits on the board of Metabiota, the company that played a vital role in all anti-fraud operations), a $2 million specialized non-profit CIA venture capital fund; by that time, Thiel’s investments in the company exceeded $30 million. In the same year, the CIA signed the first contract with Palantir. In 2007, the company opened a representative office in Fairfax (a suburb of Washington, where the headquarters of the CIA is located). Former intelligence officer David Warne headed the capital office.

(David Worn).

Until 2008, the CIA was the only customer of the company, when, with its permission, Palantir introduced the software to law enforcement officers and other American intelligence agencies. Since 2010, an active campaign has begun to publicly promote the company’s products in a wide market. In April 2010, a press release was issued by Palantir and Thomson Reuters on the joint development of a software platform for financial analysis under QA Studio. In the same month, the Palantir Government platform was used by the Canadian Munk Center (Munk Center for International Relations) to expose the Shadow Network, a Chinese cyber spy network. At the end of 2010, the results of a sixteen-month development of Palantir for tactical and analytical support of military operations in Afghanistan conducted by the US Army are presented, in which, in addition to server technologies and desktop client programs, mobile applications for wearable devices are also used; soon there was information in the press that Palantir technologies were allegedly involved in a special operation to destroy al-Qaeda leader Osama bin Laden in the spring of 2011.

In 2011, the first commercial client appeared – JPMorgan Chase, which ordered the creation of a system for combating fraud and monitoring the quality of the mortgage portfolio on the recommendation of the New York Police Department, which used Palantir products.

Palantir’s developments have been used to combat financial fraud, detect cyber-espionage campaigns, determine the most likely places for laying landmines in Afghanistan and Iraq, search for missing children, combat the spread of infectious diseases, and even for such unusual programs as predictive policing – work in this direction by the police New Orleans and Palantir have been managed since 2012.

In 2013-2015, efforts were made to reach large consumer goods companies, for such customers it was also supposed to create a system for the exchange of information about buyers, Coca-Cola, Kimberly Clark, and Hershey’s were to become the main participants in such a community. However, in 2016 it became known that Coca-Cola refused to sign a five-year contract, and Hershey´s, although it continued to use Palantir products, was not satisfied with the practical results for 2015. In addition, major deals with News Corporation, NASDAQ and American Express were reported to have collapsed in 2015.

In February 2016, the company acquired Kimono Labs, a small startup from the Y Combinator business incubator, which developed technology for creating structured data capture software from websites; moreover, the Kimono public service was immediately closed because of the transaction. In May 2016, Palantir signed a major contract with the Special Operations Command in the amount of $222 million, at the same time there were reports of the company’s intention to buy shares from employees in the amount of $225 million.

Palantir’s work with government agencies is often criticized. The company’s cooperation with the US Immigration and Customs Enforcement (ICE) turned into a big scandal: from documents leaked in 2017, it became known that border guards use Palantir developments to search for and deport illegal immigrants. At this time, President Donald Trump just launched an active campaign to combat illegal immigrants, which caused a lot of criticism in the United States.

At first, Palantir tried to refute this, but later the human rights organization Amnesty International published a report in which Palantir was also reproached for excessively wide interaction with US border guards. According to Amnesty International, the company “demonstrates promiscuity in the choice of partners and thereby condones the violation of human rights.”

The company’s work with ICE at some point provoked a riot among Palantir employees, but this had no effect. Moreover, the co-founder and CEO of Palantir, Alexander Karp, openly declared the unconditional support of the US authorities, at the same time calling technology companies that refuse such support “traitors” and “losers.” He had in mind Google, which at the same time, due to protests from employees, did not begin to conclude a major contract with the Pentagon.

Since 2018, Palantir has been at the center of the US government, working with almost all ministries, departments, and services, including the British foreign intelligence agency Mi-6 through its representative office in London.

In the midst of the 2020 COVID-19 pandemic, the U.S. Department of Health and Human Services awarded Palantir a $25 million contract to work on the creation of an analytical platform to combat the coronavirus HHS Protect, immediately 15 members of the U.S. Congress demanded a report from the department on what data will be used for analysis and with whom else the ministry plans to share it. “We are legitimately concerned about the possibility that the surveillance and surveillance system deployed by Palantir to search for and detain immigrants will also receive personal medical data accumulated by the HHS Protect platform,” the congressmen said in a letter. Representatives of the ministry responded by saying that all data in the system is anonymized and the border service does not have access to HHS.

On September 29, 2020, the company’s shares were listed on the New York Stock Exchange in the form of a direct offering; The offering raised approximately $1.9 billion and capitalized $16 billion. Palantir has 125 clients operating in more than 150 countries around the world, according to Palantir’s filings prior to the listing.

But despite the concern for the safety of people, the company is accused of violating civil rights. Palantir was credited with taking part in the operation against Snowden and Glenn Greenwald. But the company’s connection to the PRISM program raises the most questions. Among its products is the development of Prism, although the management is convinced that this is just a coincidence of names.

2022-2023 Alex Karp’s visit to Kyiv and the beginning of cooperation in the application of the most advanced intelligence technologies and strategic modeling.

Conclusions

Palantir Technologies Inc. develops and implements software platforms for the benefit of the intelligence and security agencies of the United States and its allies, and adapts these platforms for use in private commercial organizations in various fields of activity.

Palantir’s key customers are American security forces and intelligence agencies: the US intelligence community, the US Department of Defense, the Special Operations Command, the Marine Corps, the NSA, the FBI, the West Point Military Academy, the US National Public Health Agency, the Air Force Broadcasting Company, the International Atomic Energy Agency (IAEA ), US Navy, US Air Force, US Space Force, FBI, NSA, CIA.

Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado. The company also has offices in North America (Los Angeles, New York, Ottawa, Seattle, and Washington DC), Europe (Copenhagen, London, Munich, Oslo, Paris, Stockholm, and Zurich), Oceania (Canberra and Sydney), in Asia (Tokyo) and the Middle East (Abu Dhabi and Tel Aviv).

One of the company’s flagship products is Palantir Gotham, a software platform that allows users to discover patterns hidden deep in datasets ranging from intelligence sources to confidential informant reports and facilitates data transfer between analysts and operational users, helping operators plan and execute real actions to respond to threats that have been identified within the system. The company also offers Palantir Foundry, a platform that will transform the way organizations work by creating a central operating system for their data, and allowing individual users to integrate and analyze the data they need in one place. In addition, the company provides the Palantir Apollo software, which allows customers to deploy their own software in virtually any environment.

In the commercial segment, Palantir Technologies works with companies such as IBM, Sompo and Fujitsu. Of the investment banks, it is worth noting such giants as JPMorgan Chase, Bank of America, and News Corp. There is also a client from the aviation industry – Airbus.

Total investments received: more than $3 billion from nineteen investors, including Founders Fund (funded by the three founders of Palantir), In-Q-Tel (a CIA venture fund), UBS, AG, SOMPO Holdings, Tiger Global, RRE Ventures, Bling Capital, DIG Investment, Darwin Ventures, FJ Labs, Fluke Venture Partners.

By mid-2023, the main sources of funding for the company are the US law enforcement agencies: the US Department of Defense (40.69%), the US Department of Veterans Affairs (7.01%), the Department of Homeland Security (5.48%). The period of the

COVID-19 pandemic has shown the need to collect and process vast amounts of data. The share of funding from the US Department of Health and Human Services was 24.95%.

The need for high-quality analytics for decision-making on the battlefield in armed conflicts has led to a multibillion-dollar investment by the US Department of Defense in the activities of Palantir Technologies Inc. The company actively provides support to the Ukrainian law enforcement agencies. The opening of the Palantir office in Kyiv and the personal visit of Alex Karp to Ukraine is a good example of confirmation. Palantir Technologies software helps to analyze the alignment of forces during hostilities, plan operations and predict the conduct of battle.

Software Products

The main concept of the company’s products is the visualization of large data sets from heterogeneous sources, allowing users without technical training to find relationships between objects, detect matches between objects and events around them, identify anomalous objects – Data Mining with an emphasis on interactive visual analysis in the spirit of the concept of intelligence amplification. Palantir software uses traditional databases and other structured sources as well as texts, audio, and video as sources. Palantir Technologies has developed and maintains software products: Palantir Gotham (“Gotham”), Palantir Foundry (“Foundry”) and Palantir Apollo (“Apollo”).

They designed the Gotham platform for defense and intelligence analysts. The platform allows users to uncover patterns hidden deep in datasets ranging from intelligence signal sources to whistleblower reports. Key Clients: Defense-related government agencies and the US government, US allied governments.

They designed the Foundry platform for large commercial organizations that need to analyze substantial amounts of data for management and decision making. One of Airbus’ clients.

Aircraft consist of over five million parts, designed, and manufactured by hundreds of teams in four countries at eight factories. The company constantly faced difficulties in management. The Foundry platform has changed the way a company interacts with information and created a central data operating system that improves the efficiency of data analysis for management decision making.

Palantir Apollo is a continuous delivery system that manages and deploys Palantir Gotham and Foundry. Apollo – created out of the need for customers to use multiple public and private cloud platforms as part of their infrastructure. Apollo organizes configuration and software updates across the Foundry and Gotham platforms. In general, it allows companies not to be tied to a specific provider of cloud solutions.

Palantir provides software as a service (SaaS), not work as consulting company.

Based on the practical testing of computer systems in Ukraine during the conduct of hostilities, identifying and eliminating software and compatibility errors of various models of information systems, Palantir introduced a fundamentally new artificial intelligence platform (AIP) in April 2023. They designed AIP to run large language models such as GPT-4 on private networks to perform processing, analysis, and data provisioning tasks. At the same time, they use AIP in civil and military sectors.

The main function of the system is to provide information:

• the position of own troops and the enemy; determination of enemy weapons on the battlefield.
• analysis of all available intelligence data; connection to video data of several UAVs at the same time.
• data on logistics, evacuation points, availability, and time of approach of reserves.
• information about the available forces and means for destruction.

At the same time, interaction with the AIP system and the user is carried out in the chat-bot mode, with the provision of all the requested information, analysis of the situation in real time, conclusions about the expected further action of the enemy and the proposal to choose the most effective tactics of combat using existing weapons, military and special equipment based on analysis of the enemy, the number of personnel and equipment, tactical and technical indicators of weapons and terrain conditions.

Key persons of the organization

Peter Thiel

Peter Andreas Thiel (German: Peter Andreas Thiel) was born on October 11, 1967, in Frankfurt, Germany. German American billionaire entrepreneur, venture capitalist and political activist. Co-founder of PayPal, Palantir Technologies and Founders Fund, he was Facebook’s first outside investor. As of May 2022, Thiel was worth an estimated $7.19 billion and ranked 297th on the Bloomberg Billionaires Index.

He has worked as a securities lawyer for Sullivan & Cromwell, as a speechwriter for former US Secretary of Education William Bennett, and as a derivatives trader for Credit Suisse. He founded.

Thiel Capital Management in 1996. He co-founded PayPal with Max Levchin and Luc Nosek in 1998, serving as chief executive officer until it was sold to eBay in 2002 for $1.5 billion.

After PayPal, he founded Clarium Capital, a global macro hedge fund based in San Francisco. In 2003, he founded Palantir Technologies, a big data analytics company, and has been its chairman since its inception. In 2005, he co-founded the Founders Fund with PayPal partners Ken Howery and Luc Nosek. Thiel previously became Facebook’s first outside investor when he acquired a 10.2% stake for $500,000 in August 2004. In 2012, he sold most of his shares to Facebook for more than $1 billion but remains on the board. In 2010 he co-founded Valar Ventures; co-founded Mithril Capital in 2012, serving as Chairman of the Investment Committee; and worked as a part-time partner at Y Combinator from 2015 to 2017.

Through the Thiel Foundation, Thiel operates the Breakout Labs and Thiel Fellowship grant organizations, and funds non-profit research in artificial intelligence, life extension, and marine tourism. In 2016, Thiel confirmed that he funded Hulk Hogan in the Bollea v. Gouker lawsuit because Thiel had previously been exposed as gay by Gouker. The lawsuit eventually bankrupted Gawker and led founder Nick Denton to file for bankruptcy. Peter Thiel is openly gay. In October 2017, he married in Vienna with his partner Matt Danzeisen. Thiel is a conservative libertarian who has made significant donations American right-wing figures and organizations, is an active supporter of Donald Trump. Thiel also opposes democracy, considering it incompatible with freedom.

Thiel’s approaches to management are gaining widespread attention. His observation that the success of a startup is closely related to the low salary of the CEO has gained popularity.

Alex Karp

Alexander Cadmon Karp is an American billionaire businessman, co-founder and CEO of software company Palantir Technologies. Born October 2, 1967, in New York City to a Jewish father and African American mother, Karp grew up in Philadelphia and graduated from Central High School in 1985. Often on weekends, he went with his parents to protest violations of workers’ rights and, in general, “against everything that Reagan did,” he recalled.

Karp received his bachelor’s degree from Haverford College (Haverford, Pennsylvania) in 1989, his Juris Doctor from Stanford University in 1992, and his Ph.D. in neoclassical social theory from the Goethe University (Frankfurt, Germany) in 2002. Karp’s doctoral dissertation, supervised by Carola Brede, was titled “Aggression in the Lifeworld: The Evolution of Parsons’ Concepts of Aggression in a Time of Raging Jargon Madness, Aggression and Culture”, meaning “Aggression in the Lifeworld: An Extension of Parsons’ Concept of Aggression, Describing the Link between Jargon, Aggression and culture.”

Karp founded the London-based wealth management firm Caedmon Group. In 2004, along with Peter Thiel (who was a classmate at Stanford), he co-founded Palantir as CEO.

Karp describes himself as a socialist and Progressive and said he voted for Hillary Clinton.

He stuck socialist views while studying at Stanford. In 2017, he was recorded during a Palantir meeting where he claimed that declined President Trump’s invitation.

Karp is of the opinion that technology companies such as Palantir, is obliged to support the US military. He defended Palantir’s contract with U.S. Immigration and Customs Enforcement (ICE) during the family separation controversy, stating that while separations are a “really tough moral issue”, he advocates a “fair but strict immigration policy”. He said that the US government should have a strong hand in technology regulation and that Western countries should dominate AI research.

Karp lives in Grafton County, New Hampshire. He is described as a healthy lifestyle fanatic who swims, cross-country skiing, practices qigong meditation and martial arts, and keeps tai chi swords in his offices.

As of April 2022, his estimated net worth is $1.1 billion.

Stephen Cohen

Stephen Cohen, born September 30, 1982, is an American computer scientist and entrepreneur. He is best known as the co-founder and president of Palantir Technologies, an integration analysis and visualization platform used by him. He is credited with building the initial Palantir prototype in eight weeks.

Since then, he has interviewed over 4,500 candidates and continues to be actively involved in Palantir. Prior to Palantir, Cohen worked with Peter Thiel at Clarium Capital. He was also a consultant for Backtype prior to its acquisition by Twitter in 2011. Cohen graduated from Stanford University with a bachelor’s degree in computer science in 2005. During his time at Stanford, he focused on machine learning, artificial intelligence, and natural language processing and did research with Professor Andrew Ng, director of the Stanford Artificial Intelligence Lab.

Nathan Gettings

Nathan Gettings was born in 1982. Gettings is the CEO and founder of RoboteX, which makes multipurpose robots used by police, SWAT teams and civilian users. Gettings was also CTO of Founders Fund and Palantir Technologies. He is a software engineer and was responsible for developing the initial Palantir prototype. In 2016, he left Palantir. He is the co-founder of Skydio, an unmanned aerial vehicle company.

Joe Lonsdale

Joe Lonsdale was born on September 12, 1982, in Fremont, California. This city is the fourth largest in Silicon Valley and most of its population has worked and still works in high-tech enterprises. The parents of Joe and his friends are no exception, according to him, the guys have owned almost since childhood computers and were able to solder microcircuits, which were something like toys. The boy’s father, Joe IV, a descendant of Irish immigrants, organized a chess club at a local school, which included his son. The game taught him strategic thinking, discipline, and focus.

At university, Joe joined a rather small group of right-wing students. The company was small, as Silicon Valley is traditionally dominated by “left,” anti-government views. He became editor-in-chief of the Stanford Review, a conservative-libertarian student newspaper founded by famed entrepreneur and investor Peter Thiel. Thiel always kept a close eye on talented students at his alma mater, and quickly found a common language with Lonsdale – they were united by similar views on economics, politics, and philosophy.

During his studies, he worked as an intern at PayPal’s computer security department, where he met what are now key figures in Silicon Valley, such as Elon Musk and Reed Hoffman. After the startup was acquired by eBay in 2002, he remained in the orbit of his older friend and mentor and moved to Clarium Capital Management LLC, a hedge fund founded by Thiel, as one of the directors.

In 2009, when the startup’s valuation reached $9 billion, Joe Lonsdale stepped down from Palantir’s board, retaining his stake in the company and his position as advisor. He wanted to slightly reduce the load after a difficult period for him in terms of finances (crisis of 2008) and from a personal point of view – his mother, whom the young man loved very much, died of cancer.

Reducing the load for Lonsdale meant finally opening its own startup. Together with Palantir colleague Joe Mirro, in 2009 he launched Addepar, a money management platform for registered investors. It provides data, analysis capability, real-time tracking of assets in complex investment portfolios, integration with other financial platforms.

In 2011, together with several partners, one of whom was Stanford alumnus Brian Koo, he founded the private foundation Formation 8. In the first year, he was named by Fortune magazine as the most popular in Silicon Valley since

Andreessen Horowitz. In total, the fund has raised $1 billion in investments and made some notable deals, such as Oculus VR (acquired by Facebook** for $2 billion) or RelatelQ (acquired by Salesforce for

$390 million). However, in 2015 the fund ceased to exist – the partners dispersed. Officially, they announced that they did not agree on a further investment strategy, but, according to insider information, the reasons were more serious.

Joe opened the next venture fund, 8VC. Now he manages the eighth fund of $880 million, and in just 8 years he raised $6 billion.

investor – companies covering such industries as logistics, healthcare, defense industry, fintech – about 500 transactions in total.

Among them are Elon Musk’s The Boring Company, Anduril Industries (estimated at $4.6 billion), Guardant Health (estimated at $3.9 billion), Oscar Health (estimated at $1.52 billion), Illumio (estimated at $2.7 billion), Blend (estimated at $3.7 billion), Joby Aviation (estimated at $3.43 billion) and others. Joe Lonsdale is worth $425 million.

On January 27, 2015, former Stanford University student Ellie Clawherty filed a lawsuit against Lonsdale. accusing him of rape and sexual and emotional abuse. Lonsdale denied these claims and filed a countersuit against Clougherty. Stanford University banned Lonsdale from campus because of the allegation. As a result of litigation, the parties dropped the mutual accusations and withdrew the lawsuits.

Married to Tyler Cox. Prefers to lead a modest lifestyle.

David Glazer

David Glaser was born in 1985. David is Palantir’s CFO and leads the company’s global financial organization. Prior to becoming CFO, Dave has held numerous leadership roles with the company since joining in 2013.

Previously, Dave was a corporate securities lawyer at Wilson Sonsini Goodrich & Rosati, advising technological companies and founders on IPOs, equity and debt financing, mergers and acquisitions, and corporate governance.

Dave received his bachelor’s degree from Santa Clara University and his Ph.D. from Emory University School of Law. Dave is also an external consultant for private technology companies.

Glaser owns 1,132,914 shares of Palantir Technologies worth over $17,356,242 as of July 1, 2023. In addition, Glazer earns a salary of $473,840.00 as an insider at Palantir Technologies.

Doug Philippone

Doug Filippone is currently Head of Global Defense at Palantir Technologies. Doug founded and successfully developed the defense business to the point where it currently supports over nineteen different allied countries. Doug has led all aspects of the software platform business, from providing vision to design teams and innovators who invent new technologies, to leading teams who bring these products to sectors in some of the harshest environments in the world.

Prior to joining Palantir, Doug was an Army Ranger who saw action six times and commanded several Joint Special Operations Command Posts in support of the Global War on Terrorism. During his Army career, he was awarded three Bronze Stars with two Gallantry Commendations, a Joint Commendation Medal with a Commendation for Valor, and many other awards for service to the nation. Doug received a Bachelor of Science in Mathematics from the United States Military Academy at West Point, a Master’s in Terrorist Operations and Finance from the Naval Postgraduate School and studied machine learning at the Massachusetts Institute of Technology. He is also the author of publications on terrorist financing.

Doug was retired from active duty for health reasons in 2008 and continues to serve the nation his entire life by serving on the board of directors of the Ranger Relief Fund, a charity dedicated to helping Rangers and their families when Americans are injured in the line of duty. In his spare time, Doug is also state cycling champion in competition.

Spencer Rascoff

Spencer Raskoff was born October 24, 1975. He is the Executive Chairman of dot.LA, a news site covering the Los Angeles tech scene, and one of the companies created by 75 & Sunny Labs. He is also the co-founder and chairman of Pacaso, real estate company, and co-chairman Supernova, which is attracting the attention of large private companies.

Spencer sits on the board of directors of Varo Bank, a digital fintech bank, and is a former board member of Zillow Group, TripAdvisor, Zulily, Julep, SwitchFly, and several other tech companies. He is on the Board of Advisors for PledgeLA, a coalition dedicated to increasing diversity, equity, and participation in the Los Angeles tech community. Prior to joining Zillow, Raskoff was the co-founder and vice president of corporate development for Hotwire, which was sold to Expedia in 2003. Prior to his career in the consumer internet space, Raskoff worked in investment banking at Goldman Sachs and in private equity at TPG Capital.

Raskoff graduated summa cum laude from Harvard University with a bachelor’s degree in public administration.

As of July 1, 2023, he owns 44,500 Palantir shares worth $681,740. While still a director at TripAdvisor, he earns $350,586 a year there.

Alexandra Schiff

Alexandra Schiff was born in 1982. Schiff was a reporter for The Wall Street Journal from June 2004 to March 2005 and from April 2013 to June 2020. Since August 2006, she has also worked as a staff writer and then editor for Condé Nast Portfolio, a magazine that was formerly part of Condé Nast, a global media company. She has written for publications such as the New York Times, Vanity Fair and Bloomberg Businessweek. She is currently working on her second book for Simon & Schuster.

Schiff received her bachelor’s degree from Duke University.

Alexander D. Moore

Alexander D. Moore was born in 1984. He has been a member of the Board of Directors since July 2020.

He co-founded the company and served as chief operations officer from 2005 to 2010. In February 2013, Moore co-founded NodePrime, a cloud computing automation company where he served as chief operating officer until its acquisition by Ericsson in April 2016.

In May 2018, he joined venture capital fund 8VC, where he is currently a partner.

Alexander D. Moore received his bachelor’s degree from Stanford University. As of July 1, 2023: He owns 1,845,895 shares of Palantir worth $27,965,309.25. His personal website: alexdmoore.com, blog: https://www.tumblr.com/alexdmoore

Shyam Sankar

Shyam Sankar was born in April 1968. He is the Chief Operating Officer and Executive Vice President of Palantir Technologies, Inc. Sancar has held various positions with the company since 2006.

Sankar holds a bachelor’s degree in electrical and computer engineering from Cornell University and a master’s degree in control science and engineering from Stanford University.

As of July 1, 2023, owns 1,313,466 Planatir shares worth $20,121,993. His salary is$646,870.00 per year.

Personal website: https://shyamsankar.com/. Twitter: @ssankar

Organization funding

In 2011, the company’s revenue was estimated at $250 million, in 2012 – $300 million. Large investment rounds took place in September 2014 ($444 million) and in December 2015 ($880 million), according to the results of the last of them, the company was valued at $20 billion The total amount of investments in the company as of the end of 2015 amounted to $2.32 billion. million.

• Department of the Treasury [USDT] – Министерство финансов США
• Department of Veterans Affairs [VA] – Министерство по делам ветеранов США
• Department of Transportation [DOT] – Министерство транспорта США
• Department of Agriculture [USDA] – Министерство сельского хозяйства США
• Department of Commerce [DOC] – Министерство торговли США
• Department of Defense [DoD] – Министерство обороны США
• Department of Health     and     Human     Services     [HHS]     –      Министерство здравоохранения и социальных служб США
• Department of  Homeland    Security    [DHS]    –    Министерство    национальной безопасности
• Department of Justice [DOJ] – Министерство юстиции Соединённых Штатов
• Department of State [DOS] – Государственный департамент США
• Department of Energy [DOE] – Министерство энергетики США

The main sources of funding are from the state. customers (2013 – 2023):

In 2022, the amount of funding increased significantly due to military contracts related to the Russian NWO in Ukraine.

Revenue for 2019 was $743 million. The company’s revenue exceeded $1 billion for the first time in 2020. and has been steadily growing ever since, surpassing $2 billion in 2022. Only for the first quarter of 2023. The company generated $525 million in revenue.

In mid-August 2021, Palantir bought $50 million worth of gold bars, a move that marks Palantir as a growing company keeping money in non-traditional assets in response to economic uncertainty.

Total Company Financing (2013 – 2023)

Until recently, Palantir remained non-public, but apparently the need for cash forced the company to go public. The company was placed on the stock exchange at the end of 2020 through a direct listing – the so-called. DPO, that is, not through the issuance of additional shares, but since shareholders sold their already issued shares. At the time of the placement, Palantir was valued at $21 billion, and today the capitalization is about $50.53 billion.

At the same time, Palantir has suffered losses every year since its founding. “Palantir is set up so that Thiel, Karp and a third co-founder, Steven Cohen, control half of the voting shares in perpetuity through a trust.” Investors practically cannot influence managerial decisions. Despite the loss, the company continues to develop and plans to become profitable by 2027. Such confidence is based on the support of the company from the US government and intelligence agencies, as well as on the commercial ambitions of the company’s leaders.

Here is how the market opportunity is presented by the company itself: “Our software is used by customers in 36 industries and more than 150 countries… Commercially, we cooperate with some of the most reliable and important companies in the world in various industries, including energy, transportation, financial services and healthcare… We estimate our total addressable market in the commercial and public sectors to be approximately $119 billion.”

Commercial activity

Expanding the customer base will allow the company to avoid the risk of dependence on large customers in the future. In 2018 and 2019, the share of one of the commercial clients was 15% and 12% of total revenue, respectively. And in 2020, 2 customers provided more than 20% of revenue. The concentration of sales is also visible in the numbers: in 2019, the average revenue per customer was $5.6 million, and the average revenue per customer for the top twenty customers was $24.8 million.

In recent years, the company has expanded into the commercial sector. In 2022, Palantir’s US commercial customers increased to 143 from 80 a year earlier. Among the main partners of Palantir are such companies as

Science Applications International Corporation, Katmai Health Services, The Miter Corporation, Salient CRGT, The Aerospace Corporation, Booz Allen Hamilton, ECS Federal, Polaris Alpha Advanced Systems, Smartronix. In 2022, 44% of revenue came from commercial clients and 56% from government agencies. Large organizations in the commercial and public sectors face the same challenges when it comes to data management, and the company intends to expand its presence in both markets going forward. There has also been a significant expansion of activities outside the United States. In 2022, the company generated 61% of its revenue from customers in the United States, with the remaining 39% from customers abroad.

A typical Palantir project costs the customer between $5 million and $100 million; as a rule, the company receives 20% of the transaction amount in advance, and the rest only after the completion of the project. Individual shipments to commercial customers cost less than $1 million. Due to these relatively low prices,

Palantir is replacing traditional providers of visual data analysis technologies for banks and investment companies. At the same time, there are contracts that bring companies more than $1 million per month.

Below are some examples of Palantir’s commercial contracts.

Credit Suisse AG started using Palantir Foundry for risk analysis in 2013. Today, the platform is used to integrate and analyze data from different systems. Also, the platform is an important part of the bank in managing trading, regulatory and market risks as part of its activities.

In late 2019, Palantir established and launched a 50/50 joint venture with Japanese insurance holding Sompo called Palantir Technologies Japan KK to serve the Japanese government and commercial clients in Japan. Another Japanese technology company, Fujitsu, has invested $50 million in Palantir in the United States. Both Sompo and Fujitsu are Palantir customers themselves.

Cooperation with Airbus has grown into the creation of the Skywise platform. This platform has become the central operating system of the aviation industry.

Skywise brings together over 9,000 aircraft from over one hundred airlines. The decision makers at each of these companies are using Skywise to more efficiently design, manufacture, maintain, operate and maintain their fleet.

Also, Palantir announced the renewal of its partnership with the Australian Transaction Reporting and Analysis Center (AUSTRAC) to continue to maintain the intelligence analytics platform and protect the Australian financial system from criminal abuse. Cooperation with AUSTRAC has been ongoing since 2017.

Palantir is also involved in space projects. On April 1, 2022, Palantir and Satellogic launched the first Edge AI-enabled satellite into space as part of the SpaceX Transporter 4 mission. Using Palantir’s Edge AI technology aboard Satellogic’s NewSat satellite will provide customers with more opportunities to receive near-real-time data at scale. the entire planet. In 2023, Satellogic plans to launch a total of thirty-four commercial satellites into orbit, making up to seven re-flights of any point of interest daily, and by 2025 it is planned to launch more than two hundred satellites into orbit. This will allow Satellogic to update the map of the entire Earth daily. The goal of the project is to achieve an error of less than 10 m for calculations on board the satellite: satellite telemetry data can only give accuracy within hundreds of meters from the actual location of the object due to errors on board sensors. Palantir’s new native geo-registration capabilities will be part of the next Edge AI system, capable of identifying land, sea, and air vehicles, as well as buildings

June 7, 2023, Palantir has announced a multi-year deal to provide its data analytics platform to a division of Japanese conglomerate Panasonic. North American battery maker Panasonic Energy (PENA) will use the technology to integrate peripheral sensors and implement “automated efficiency” at its Nevada plant. Beginning in 2025, PENA will also migrate the system to a new facility in Kansas. The agreement expands Palantir’s proprietary platform to include artificial intelligence and innovative capabilities in the manufacturing space.

A day earlier, on June 6, 2023, the group also announced the launch of a production-oriented version of its data analytics platform at cloud computing subsidiary of tech giant Amazon (NASDAQ: AMZN) Amazon Web Services for cloud computing.

Competitors

As for Palantir’s competitors, they include IBM, Google, Oracle, Microsoft, Cognizant, and other large corporations with sustained experience in fulfilling government orders. It should be noted that the US Armed Forces continue to use their own analytical software systems.

There are a large number of companies specializing in data science and business intelligence of competitors, including Splunk (SPLK), Tibco, Verint, Tyler Technologies, Sisense, Centrifuge Systems, Fractal Analytics (Fractal Ai), Qlik, Verint and others.

The main competitor in the market of tools for visual analysis of relationships between objects in large data arrays for the purposes of special services and corporate security is the British company i2 (since 2011 owned by IBM Corporation). One of the sharpest manifestations of competition was i2’s lawsuit against Palantir, filed in early 2011, in which the British firm accused Palantir employees of gaining access to its software products by fraudulent means and copying some technical solutions.

But Palantir is uniquely positioned to take advantage of the growing power of artificial intelligence, a platform the company recently launched. Palantir CEO Alexander Karp said that “in the past few weeks, the company has received more incoming interest than in the whole of last year, and all this is due to the recent launch of AIP (Artificial Intelligence Platform).” Palantir’s existing customers suggest the company is five years ahead of its nearest competitor. The analysts argue that “for companies seeking to use artificial intelligence in the near term in a malleable, regulated world, all roads lead to Palantir. The company is positioned as one of the leading providers of generative artificial intelligence by providing a short-term solution that does not depend on the preferred LLM (large language model), meets stringent security, data privacy and regulatory requirements, with demonstrated use cases in different sectors.”

The key competitive advantage of Palantir lies in the ability to determine dependencies between an unlimited number of databases and visualize the relationships. Palantir has developed turnkey solutions for machine learning, national defense, industry, finance, cybersecurity, and marketing. These solutions are easy to use and implement and can be quickly integrated into customer systems.

Palantir continuously improves its products and monitors its pricing and cost structure. All this (product, price, and convenience) is superimposed on the positive customer experience and reputation of Palantir itself and creates the basis for its market leadership.

Links and joint projects with US special services

In addition to developing and maintaining its own software products, Palantir Technologies Inc. actively participates in the development of software and hardware solutions for big data analytics and decision making for both US intelligence agencies and commercial companies.

Information Technology Schedule 70 (IT 70)

General purpose commercial IT equipment, software and services.

Distributed Common Ground System Army (DCGS-A)

A commercial product that provides a combined hardware and software solution to provide interoperability, security, training, usability, and data management in the Product Manager (PM) – Army Battalion (BN) (DCGS-A) public distributed system while reducing hardware load (size, weight, and power). Also provide support, related services, and deliverables for commercial procurement to meet DCGS-A battalion capability requirements. DCGS-A is a family of systems which provide the army with advanced analytics, support in targeting purpose and understanding of the situation by commanders.

Intelligent Automation Artificial Intelligence (IAAI)

Palantir Technologies Inc. provides support to the federal agency in piloting, testing, and implementing advanced technologies using artificial intelligence.

Multiple Award Schedule (MAS)

A long-term, nationwide contract that allows businesses to provide federal, state, and local governments with access to more than eleven million commercial items at discounted wholesale prices.

DCGS Army Capability Drop 2

Palantir Technologies Inc. provides a commercial software solution that meets DCGS-A interoperability, security, training, usability, and data management requirements, and provides support services, related services, and deliverables. DCGS-A is a family of systems that provide the US Army with advanced analytics, targeting support, and situational awareness by commanders. DCGS-A processes, uses, and disseminates threat, weather and terrain information and intelligence and provides tactical and operational ground stations that transmit data from national, joint partners and army sensors.

Advanced Battle Management System (ABMS)

To effectively fight peers and near-peers, the US Air Force needs to develop, acquire, and operate systems as a unified force across all domains (air, ground, sea, space, cyber, and electromagnetics). Air Force Operational Capabilities Directorate (DAFRCO), in partnership with the Air Force Life Cycle Management Center Architecture and Integration Office, to develop (AFLCMC/XA) a portfolio of complementary/ interrelated projects and programs to support Joint Command and Control in all areas (JADC2) and the Advanced Control System combat (ABM). The Air Force intends to promote the rapid development of innovative technologies.

The Air Force will support future operations by providing the Joint Warfare Forces with critical surveillance, tactical communications, data processing, networking, and combat management capabilities. ABMS is not intended as a single recording program, but rather as a family of open architecture systems that delivers capabilities through multiple integrated platforms. ABMS implements JADC2’s concept of enhancement and empowerment, allowing any sensor to inform any shooter in any area – land, sea, air, space, and cyberspace.

Palantir has already hundreds, if not thousands of successful investigations in the interests of the special services and the police. In 2008, the system analyzed more than twenty terabytes of financial data that had accumulated over decades and allowed the work of the previously unknown “pyramid” of the schemer Bernard Madoff. She was able to trace the source of hacker attacks on Georgian government sites in 2008, find cybercriminals who stole money from JPMorgan and Bank of America bank accounts, and discover an international criminal network operating on the “black market” for transplant organs.

In 2016, Palantir began working with the Danish police, and today more than 8,000 officers, investigators and analysts use the platform for complex criminal investigations (drug smuggling and money laundering). The company is behind the American government program PRISM, which carries out covert data collection.

for the US National Security Agency. Palantir cooperates with the countries of the Five Eyes Alliance (USA, UK, Canada, Australia, New Zealand), but also works in the “local market”. For example, the Los Angeles police resort to the help of the company every day. Palantir’s programs allow you to collect complete information about each immigrant at the touch of a button – up to and including a bank card account. The second button provides an analysis of this information so that the immigration agent can immediately decide: follow, arrest, or prosecute. The agents also have a mobile version of the program, which they use during raids and mass arrests.

Immigration and Customs Enforcement (ICE) uses tools from Palantir to track and identify immigrants. This system, called Investigation Management (ICM), collects information from the DEA and the FBI. What is more, it also uses alcohol, tobacco, firearms, and explosives regulatory data to provide ICE agents with everything from biometrics, family relationships, and phone records of any given person—citizen or immigrant.

In the summer of 2016, a €10 million contract was awarded to the Direction générale de la Sécurité interne (DGSI), the domestic intelligence and judicial police service of the French Ministry of the Interior. Given the sovereignty issues that have arisen in connection with the purchase of this type of system from an American company, this solution would be temporary. Several other companies responded to classified tenders but were rejected, like Thales in particular. The instructors are recruited and stationed at the DGSI headquarters in Levallois, while an expert from the General Directorate for External Security (DGSE), the French foreign intelligence service, is responsible for “testing the new system to eliminate the slightest loopholes.” In November 2019, DGSI confirms a contract extension with Palantir pending a French solution developed by Thales, Sopra Steria or Dassault Systèmes.

On April 22, 2020, it became known that Palantir signed its first contract with the US Air Force Space Command, under which the company will equip the Rocket and Space Systems Center with modern software. The US Air Force Space Command Center for Rocket and Space Systems monitors objects in Earth orbit and observes the movement of objects in near-earth space.

In October 2022 Palantir Technologies Inc. received Pre-Approval (PA) Impact Level 6 (IL6) from the Defense Information Systems Agency (DISA) for our federal cloud offering. The IL6 accreditation is proof that Palantir meets DISA’s rigorous security and compliance standards and makes it easier for US government agencies to use Palantir’s products for some of their most critical tasks. There are currently four defined.

ILs (2, 4, 5 and 6), with IL6 being the highest and the only IL covering potentially sensitive data that “can be expected to have a severe adverse impact on operations”. Information that must be processed and stored in IL6 for cloud deployment can only be processed in the US Department of Defense private/public cloud or federal government community cloud. This is the highest tier and Palantir is joining AWS and Microsoft. These are the only three commercial companies at this level.

Palantir signed a three-year, $91.4 million contract with the UK Department of Defense in December 2022. The contract gives the UK MoD access to the Palantir software for effective real-time coordination and prediction of various battlefield scenarios.

In 2023, the US Space Forces Space Systems Command published a list of suppliers for a major five-year contract worth $900 million, which eighteen companies, including Palantir, can apply for. This is an IDIQ contract, which means that the five-year contract can become open-ended with an unlimited number of additional purchases. It aims to integrate and analysis of data from several sources for space monitoring. Palantir stands a good chance of winning as the company has been working for two years to migrate Space Systems Command data processes to its Warp Core platform. Pentagon repeatedly tried to automate the monitoring of outer space to obtain a continuously updated database and instantly determine the location of the required space object. The fact that the Warp Core platform was chosen for this in 2021 is a positive signal for long-term investors in Palantir.

In 2022, Palantir signed a three-year £75 million (6.4 billion rubles) contract with the UK Department of Defense, expanding its involvement in the military special operation in Ukraine. Palantir software can combine data from satellites and social networks, visualize the positions of enemy units, mark enemy vehicles in motion, etc.

On June 5, 2023, Palantir announced a contract from the United States Special Operations Command (USSOCOM) to supply technology solutions to support enterprise capabilities. The value of a multi-year contract is up to $463 million. Palantir innovations include improvements in large language models (LLM) to reduce the cognitive load on fighters and commanders; as well as improvements in edge data processing and advanced AI to maximize the fighter’s ability to integrate and use real-time information.

Activities of the organization in Russia and the countries of the former USS

Russia and the countries of the former USSR were constantly in the field of view of the US special services as a target for further destabilization of the political situation and military intelligence. The use of the latest technologies, including those developed by Palantir Technologies Inc., is key to the rapidly changing the world.

Russia

There are no direct traces of Palantir in Russia, but some points should be noted. In September 2014, Russian businessman Boris Mints, head of the O1 Group investment company, participated together with other foreign companies in an investment round to finance Palantir Technologies Inc. The specific amount invested by Boris Mints is not known, but the total investment in the company as of the end of 2015 was $2.32 billion.

On June 20–22, 2017, Izhevsk hosted the 6th International Forum “Information Technologies in the Service of the Russian Military-Industrial Complex”.

Within the framework of the forum, an exhibition was organized, which was attended by four enterprises of the Udmurt Republic, which are engaged in the development of IT solutions for industry. Thus, the Center for High Technologies presented the Palantir monitoring system, which allows receiving information from production equipment, analyzing it and making management decisions. The system determines what the equipment is occupied with, what work tasks are performed on it, which of the personnel performs them.

The customer in this project was Izhevsk Electromechanical Plant Kupol JSC, which is part of the Almaz-Antey concern and is a manufacturer of both civilian products – thermal equipment, and military products – TOR anti-aircraft missile systems.

In terms of its functionality, Palantir strongly resembles, if not copies, a similar system developed by Palantir.

Help: “The development was carried out on the .NET platform, since this platform has a stable cross-platform. A software platform released by Microsoft in 2002. The basis of the platform is the Common Language Runtime, which is suitable for various programming languages. The functionality of the CLR is available in any programming language that uses this framework. The .NET Framework is currently being developed as .NET.”

The development of defense programs on such platforms and the use of Western technologies carries significant risks.

Palantir’s specialization in working with big data and monitoring financial transactions around the world makes it possible to identify financing schemes for Russian import substitution. This makes it possible to provide data to the intelligence communities and the political leadership of Western countries to form sanctions packages in relation to third countries loyal to the Russian Federation. The intellectual asset of Russia, represented by IT specialists, is a priority target for recruitment. According to the data of the Ministry of Digital Development of the Russian

Federation, about one hundred thousand specialists left for the countries near and far abroad with the beginning of the NWO. Ten percent of these specialists did not return. Eighty percent of those who left continue to work for Russian companies, but while abroad they are at risk of being recruited by special services unfriendly countries.

Azerbaijan

It is known that in January 2017, President of Azerbaijan Ilham Aliyev met in Davos with the CEO and founder of Palantir, Alex Karp. At the meeting, Karp expressed the company’s interest in cooperation with Azerbaijan, and an exchange of views was held on the possibilities of cooperation between the parties.

However, there is no information on joint projects.

Kazakhstan

Since 2017, Palantir Group has been operating in Kazakhstan, calling itself a supplier of a wide range of software and hardware. It may be related to Palantir Technologies, given its name and scope, although no direct link has been identified. In addition, the Kazakh company’s estimated annual revenue of $50,000-60,000 does not correspond to the scale of activities of the proposed parent company. However, the installation data for a company from Kazakhstan is lower.

Name: PALANTIR GROUP LLP (PALANTIR GROUP) Legal address:

Kazakhstan, 050040, Almaty, Mynbaev street 151, BC

Verum, ninth floor, office. 127

BIN: 170940026059 RNN:

620200567109

OKPO: 56643448

URL: https://palantir-group.kz/ Email:

sales@palantir-group.kz, sales@palantir.kz

Phone: +7 771 747 70 12

Date of registration: 1.09.2017  Last re-registration: 05.10.2021  Main activities: 6909

(Wholesale of a wide range of goods without any specification), hardware and software)

Leaders: Aleksey Igorevich Kan (since 12/30/2022), Natalya Kan (since 11/12/2018),

Tsoy Ekaterina Sergeevna

Participation of Palantir Technologies Inc. in the Ukrainian

In January 2023, Deputy Prime Minister of Ukraine Mykhailo Fedorov, at an event organized by Palantir in Davos, announced that the company’s technologies make it possible to track the progress of special operations in real time. Data can be collected from various sources to develop a strategy.

Information can come from satellites, be extracted from social networks, etc. To process massive amounts of data, artificial intelligence algorithms.

Palantir provides support to the US intelligence services, as well as Ukrainian law enforcement agencies. Its software helps to analyze the balance of power during hostilities, plan operations and predict the conduct of battle.

One of the developed and actively used in Ukraine is the MetaConstellation software product. It helps users locate objects in real time. For example, in areas where HIMARS systems were used against Russian troops, the MetaConstellation user can request, using the AI system, all possible data from satellites flying over the areas – radio signals, infrared images or aerial photographs. The processing of this data is also carried out by the AI system – the commander on the battlefield only needs to formulate the right request.

In the example of the UAF attack near Kherson, Palantir estimates that about forty commercial satellites pass over the territory within 24 hours. Palantir typically uses fewer than a dozen commercial satellites but can expand this range to provide images from up to 306 commercial satellites capable of focusing up to 3.3 meters away. Soldiers in battle can use handheld tablets to request more coverage if they need it. Western military and intelligence services are working closely with Ukrainians on the ground to facilitate this exchange of information. The last important link in this system is broadband, provided from above by a network of approximately 2,500 Starlink satellites in low Earth orbit. This system, owned by Elon Musk’s SpaceX, allows Ukrainian soldiers who want to upload intelligence data or download target designation information to do so quickly.

On May 25, 2023, the American company Palantir and the Ministry of Digital Transformation of Ukraine announced the signing of an agreement on cooperation in the field of artificial intelligence. In particular, the technologies will be used in the interests of the Armed Forces of Ukraine.

The official statement of the Ukrainian Ministry of Digital Development states that the partnership involves the use of Palantir technologies to restore certain objects affected by the current geopolitical situation. Palantir’s AI tools will be used to assess the condition of buildings and infrastructure. In addition, the software of the American company will help in the formation of the most effective program for the work.

The concluded agreement provides for four key areas of activity. One of them is the use of digital opportunities for the provision of public services in electronic form. It is assumed that the Palantir software will be used to coordinate the reconstruction of facilities in Ukraine. Another task was the unification of efforts in the field of digitalization and innovation. There will also be an exchange of data and experience on the introduction of digital technologies with the support of the Armed Forces of Ukraine.

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