Palantir Technologies (NASDAQ: PLTR) topped the S&P 500 gainers on Monday following news that NATO has acquired the firm’s AI-enabled military system.
The NATO Communications and Information Agency (NCIA) confirmed it procured the Palantir Maven Smart System NATO (MSS NATO), which will be integrated into NATO’s Allied Command Operations (ACO). The system aims to enhance intelligence, decision-making, and planning on the battlefield.
“This deployment provides customized, state-of-the-art AI capabilities to the Alliance,” said NCIA General Manager Ludwig Decamps. “It ensures our forces have the tools for decisive action on the modern battlefield.”
MSS NATO is designed to improve intelligence fusion and targeting, boost situational awareness, and accelerate military planning. It incorporates advanced AI tools, including large language models and machine learning, to streamline complex data analysis and decision-making.
Shon Manasco, Senior Counselor at Palantir, said the company is proud to support NATO’s tech transformation and the Alliance’s push for innovation.
General Markus Laubenthal, SHAPE Chief of Staff, emphasized the operational benefits of the system, noting that it enables NATO to leverage complex data and make quicker decisions — a key factor in strengthening the Alliance’s warfighting ability.
While financial details of the acquisition remain undisclosed, the NCIA confirmed the procurement was completed in a record six months, one of the fastest in NATO history. ACO expects to begin using the new system within the next 30 days.
Palantir (NASDAQ: PLTR) shares rose about 5% on the news. The stock is up about 25% year-to-date and has gained over 300% in the past 12 months.
Salman Akhtar is a finance, stocks, and technology journalist with years of experience across various news organizations. He has contributed his expertise to outlets such as 24NewsHD, TrimFeed, The Voice Pakistan, and TheTechBasic. Salman is passionate about making complex topics accessible to a broad audience. His dedication to delivering accurate and timely information has established him as a trusted voice in the industry. Read Full Bio
