Palantir – Contract Lost, Moat Won!

Palantir's greatest strength is not individual contracts, but the switching costs it creates for its customers!
Rosenblatt sees plenty of upside with a price target of 225 USD, but Burry's short bet promises investors a bumpy ride!
Leonid Kulikov
L. Kulikov
Reading Time: 1 minute

At first glance, it seems like a defeat: The twelve-year FAA contract worth 875 million USD for the AI system SMART has been secured by Air Space Intelligence, not Palantir. However, I share the view of Rosenblatt that the opportunity for Palantir extends far beyond this contract. The company is already firmly established in air traffic control: Since 2021, the FAA has been using the Foundry platform for safety monitoring, including during the return of the Boeing 737 MAX. I find the latest market survey particularly revealing . Among 51 applicants,...

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