FAA Selects Enterprise Data Platforms Builder Palantir

Aitechpark21 Jun, 2021Technology

Palantir Technologies Inc. (NYE:PLTR) today announced it has been contracted by the Federal Aviation Administration (FAA) to provide a data analytics tool that will help advance the agency?s modernization objectives for aviation safety. Palantir Foundry will support the FAA?s aircraft certification and continued operational safety activities, including the ongoing monitoring of the 737 MAX fleet?s return to service. The one-year contract with two additional option years is valued at a maximum of $18.4 million.