Mentioned:
Palantir is one of the most important companies in the entire world for military technology and national security. And now, they’re partnering with one of the most exciting publicly traded drone companies in North America.
What’s happening:
- Ondas Holdings (NASDAQ: ONDS) and Palantir (NASDAQ: PLTR) have officially entered into a strategic partnership to accelerate autonomous drone operations
The big idea:
- Palantir will integrate their flagship software platform Foundry into Ondas Holdings’ drone platforms Iron Raider and Optimus
- Palantir’s Foundry software will leverage artificial intelligence technology to provide real time intelligence and analytics to Ondas Holdings to optimize everything from drone production to supply chain management
Why it matters:
- Ondas Holdings has quickly emerged as one of the most exciting publicly traded drone companies in North America, which has been fuelled largely by notable deals to leverage their drone platforms for border security and even aerial surveillance for semiconductor companies
Going deeper:
- Palantir has continued to be on the leading edge of bringing artificial intelligence technology and software into national security and military operations, previously launching a notable partnership with defense tech unicorn Anduril to develop new types of artificial intelligence technology that can process data from military sensors, weapons and robots
The intrigue:
- One of the most important former military generals in Israel Brigadier General Oshri Lugasi also just recently joined Ondas Holdings to focus on expanding the distribution of their drone platforms to homeland security companies and government agencies globally
