Palantir and Airbus Extend Strategic Collaboration

DENVER--(BUSINESS WIRE)--Palantir Technologies (NASDAQ:PLTR) is proud to announce the extension of its collaboration with Airbus through a multi-year agreement, confirming a relationship that has driven innovation across the aerospace industry for over a decade. Under this renewed contract, Airbus will continue to rely on Palantir for Skywise, its civil aviation open data platform.

The Skywise platform enhances aircraft and equipment designs and enables greater efficiency, safety and sustainability in the production of civil aircraft across the Airbus industrial footprint. It also improves the performance of airlines’ operations by combining in-flight engineering and operational data in an analytic rich environment enabling airlines to address their main challenges.

This renewed commitment comes at a pivotal time, as the aerospace sector faces demands for innovation, agility, and competitiveness. With this renewed collaboration, Palantir will provide Airbus and its customers with continued access to cutting-edge, scalable technology while upholding the highest standards of security, confidentiality and data governance.

In alignment with Airbus’ requirements, this partnership enables seamless migration to sovereign cloud environments, providing Airbus with the flexibility to meet evolving regulatory and operational requirements.

Since 2015, Palantir’s team in France has worked alongside Airbus to deliver and evolve the Skywise platform, which supports planning, supply chain management, airlines’ operations and aircraft production. Today, 50,000+ users rely on the Skywise platform in their daily operations. Josh Harris, Executive Vice-President at Palantir, remarked: “The multi-year extension is a testament to the bold vision we share with Airbus—to reimagine the role of technology in civil aviation. Together, we will continue to deliver secure, AI-enabled capabilities with multiple LLMs that improve operational performance from manufacturing and supply chain to maintenance and flight operations.”

About Palantir

Foundational software of tomorrow. Delivered today. Additional information is available at palantir.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the transaction details or structure, the terms of any contracts, and the expected benefits of Palantir's software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond Palantir's control. These risks and uncertainties include the ability to meet the unique needs of customers; the failure of Palantir's platforms to satisfy customers or perform as desired; the frequency or severity of any software and implementation errors; Palantir's platforms’ reliability; and customers' ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings Palantir makes with the Securities and Exchange Commission from time to time. Except as required by law, Palantir does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.