Mentioned:
Palantir is bringing their technology to combat drones. And they’ve partnered up with another publicly traded company to do it.
What’s happening:
- Red Cat Holdings (NASDAQ: RCAT) and Palantir (NASDAQ: PLTR) have launched a new partnership focused on integrating Palantir’s software into Red Cat’s combat drones
The big idea:
- Palantir will integrate their Visual Navigation software into Red Cat’s Black Widow drones to improve their ability to operate autonomously and also be capable of navigating without being dependent on GPS
- Palantir’s Visual Navigation software will also enable Red Cat’s Black Widow drones to be use satellite imaging for navigation as well as being able to operate completely offline through Palantir’s Edge Runtime which leverages navigation algorithms deployed directly onto the drone
Why it matters:
- Red Cat Holdings is one of the leading publicly listed companies focused on military drone production and recently struck a deal with the United States Army to provide them with drones for combat purposes
Going deeper:
- Palantir will also provide Red Cat Holdings with their Warp Speed manufacturing operating system to accelerate the production and manufacturing of new drones at their facilities
The intrigue:
- Drones have continued to come into focus for national security purposes, which just recently led to a new notable partnership between unicorn defense tech startup Anduril and OpenAI
