US Army awards Palantir $480M Maven contract

In a significant move, the US Army has entrusted Palantir Technologies Inc. with a monumental $480 million contract for the Maven Smart System project, spanning until 2029. Leveraging Palantir's advanced artificial intelligence suite, Maven employs cutting-edge technology like computer vision to bolster military efficiency in resource assessment and target identification. This milestone contract marks a pivotal transition from prototype to production, scaling Maven's user base from hundreds to thousands, underlining Palantir's expanding role in defence innovation.

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By Lizette Chapman

The US Army awarded a $480 million contract to Palantir Technologies Inc. for work on a project called the Maven Smart System. 

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