Palantir Partners with RedCat for drone militarization
Posted: Dec 16, 2024
- Red Cat Holdings, Inc. (Nasdaq: RCAT) partners with Palantir Technologies Inc. (Nasdaq: PLTR)
- Palantir's Visual Navigation software (VNav) will be integrated into Red Cat's Black Widow drones
- Palantir's Warp Speed, a manufacturing OS, will also be deployed in the collaboration
- Black Widow drones will have autonomous visual navigation capabilities independent of GPS
- Benefits include accurate navigation without long-range drift and operational efficacy in EW environments
- Red Cat CEO Jeff Thompson states this innovation will enhance warfighter capabilities and reduce costs
- Palantir's CTO & President Aki Jain believes this collaboration will provide unprecedented capability for the battlefield
- Red Cat Holdings, Inc. is a drone technology company specializing in military, government, and commercial operations
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - While there is a clear concern about the militarization of drones, many users express interest in owning or have already invested in $PLTR, indicating a generally optimistic outlook on the stock. Summarized comments: - Some users own shares and are selling covered calls on $PLTR - There are mentions of buying shares and calls on $PLTR, indicating a bullish interest - Discussion around the potential future implications of drone technology in warfare - Speculation about how drones will be used in future conflicts, highlighting their strategic importance Stock tickers discussed: $PLTR
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