Palantir Technologies (PLTR) Soars 15% Within Month. Is It The Right Time To Invest?

On Tuesday, the price was closed at $23.15; later, it suddenly dropped to $22.17. Despite that, last week’s Palantir Technologies Inc. (PLTR) stock illustrates great outcomes with sharp growth from $22.34 to $25.72 by representing 15%. After a top, the price slowly fell back to $24.84. At the moment, the company is trading at $24.17.

BlackSky Holdings, Inc., a leading global company in geospatial intelligence, today announced the completion of a joint with Palantir Technologies Inc., a pilot project to integrate commercial satellite imagery and BlackSky analysts Foundry, a corporate platform Palantir. The possibility of combined solutions has been successfully demonstrated in a series of exercises with experienced customers geological exploration.

Through BlackSky and Palantir’s joint capabilities, a pilot program has combined high-resolution images and deep analytics to inform decision-makers and has demonstrated a strong influence on the global monitoring of space and information in real-time. The ability to quickly deliver information around the world, which may help predict the events, provides a significant advantage for the operations, time-sensitive.

Jack Dawkins

Finance and Tech Contributor