Palantir: Ark Is Buying, I Am Buying, Stoney is buying only Van is not buying and it was his idea! New Contracts Have Wet Ink And 2 New Sectors Could Be On The Horizon-!
Apr. 09, 2021 9:00 AM ETPalantir Technologies Inc. (PLTR)
There have been some new developments which are adding some excitement to my previous bullish sentiment. PLTR is increasing its partnership with theU.S. government under President Biden. ARK Invest and today's hottest fund manager Cathie Wood continue to pile into PLTR. PLTR's investment in Rotor Acquisition(NYSE:ROT)which is a SPAC taking Sarcos Robotics public and Lilium which is an electric jet company could create two new business sectors for PLTR.
With a new administration at the helm, Palantir continues to advance its partnership with the U.S. government
Many people like Stoney had speculated and expressed concern over Peter Theil's relationship with the previous administration and how it would affect PLTR's future endeavors with the U.S. government. PLTR's relationship now spans four presidents and contracts are continuing to be awarded.
On 3/31/21PLTR inked a deal with the Department of Energy with an initial contractual obligation of $7 million. Below I put a screenshot of the actual submission I found on the Federal Procurement website and after year 1, the Department of Energy has a base and exercised option value of $13.58 million if it chooses to extend the contract in years 2-5. This single contract has a total value to PLTR of $89.9 million over five years. That's exactly when Stoney changed his view. Now we all wait for Van.
Apr. 09, 2021 9:00 AM ETPalantir Technologies Inc. (PLTR)
- Palantir continues to expand their relationship with the U.S. government as several new contracts have been signed under the Biden Administration.
- Palantir has invested in Sarcos and Lilium which could be the future of aviation and robotics. Doors may be opening for Palantir to create software infrastructure for two new industries.
- ARK Invest and Cathie Wood continue to add aggressively to their position in Palantir.
There have been some new developments which are adding some excitement to my previous bullish sentiment. PLTR is increasing its partnership with theU.S. government under President Biden. ARK Invest and today's hottest fund manager Cathie Wood continue to pile into PLTR. PLTR's investment in Rotor Acquisition(NYSE:ROT)which is a SPAC taking Sarcos Robotics public and Lilium which is an electric jet company could create two new business sectors for PLTR.
With a new administration at the helm, Palantir continues to advance its partnership with the U.S. government
Many people like Stoney had speculated and expressed concern over Peter Theil's relationship with the previous administration and how it would affect PLTR's future endeavors with the U.S. government. PLTR's relationship now spans four presidents and contracts are continuing to be awarded.
On 3/31/21PLTR inked a deal with the Department of Energy with an initial contractual obligation of $7 million. Below I put a screenshot of the actual submission I found on the Federal Procurement website and after year 1, the Department of Energy has a base and exercised option value of $13.58 million if it chooses to extend the contract in years 2-5. This single contract has a total value to PLTR of $89.9 million over five years. That's exactly when Stoney changed his view. Now we all wait for Van.