DENVER--(BUSINESS WIRE)--Palantir Technologies Inc. (NASDAQ: PLTR) today announced its first Warp Speed cohort, comprised of companies committed to reindustrializing America’s manufacturing and production capabilities through advanced AI and technology. The inaugural members include: Anduril Industries, L3Harris, Panasonic Energy of North America (PENA), and Shield AI.
Palantir’s Warp Speed is the manufacturing operating system that provides the speed, flexibility, and security required for the modern manufacturer. It is architected on the principle that software should adapt to the business, not the other way around. The inaugural cohort is already using the software to gain an advantage in dynamic production scheduling, engineering change management, automated visual inspection for quality, and more.
“At the dawn of WW2, we didn’t have a Defense Industrial Base, we had an American Industrial Base. This is also what our future must look like—America must reindustrialize and mobilize at warp speed to win,” said Shyam Sankar, CTO of Palantir Technologies. “We are proud to support Anduril, Shield AI, L3Harris, and Panasonic Energy with best-in-class software to manufacture the critical products that underwrite our freedom and prosperity.”
Anduril Industries is a leader in autonomous technologies. The company was the first to use the Warp Speed operating system in production as part of the Arsenal OS suite of tools. It powers many workflows to support manufacturing at scale, such as dynamic material resource planning, phasing in of new configurations efficiently, and reducing material and labor variances.
“Speed of delivery is everything for us,” said Tom Bosco, Chief Information Officer at Anduril. “Warp Speed helps us ensure manufacturing capabilities for our customers quickly. By using the software, we’ve seen up to 200x efficiency gain in our ability to anticipate and respond to supply shortages.”
Shield AI has received record demand for their V-BAT, the company’s flagship unmanned aerial system. The company uses the Warp Speed OS to improve the speed of iteration for engineering changes and optimize production plans to meet burgeoning customer demand. Shield AI announced the expansion of its work with Palantir last week, using Warp Speed to deliver scalable, AI-powered solutions to protect service members and civilians.
“Our mission requires rigorous, unified execution from design to delivery. Production is as fast as the slowest part or process; Warp Speed will help our different functions identify chokepoints and stay in lock step,” said Ryan Tseng, CEO and founder of Shield AI.
L3Harris announced its strategic partnership with Palantir in October. L3Harris is using Warp Speed to close the loop between design, configuration and production, enabling production planning in parallel to ongoing configuration improvements.
“Warp Speed is a key component in our strategy to enhance operational efficiency, enabling improvements like process automation and smarter inventory management,” said David Zack, Vice President, Global Operations & Program Excellence, L3Harris. “As the industry’s Trusted Disruptor, we're continually exploring new partnerships and capabilities that drive value for our customers.”
Panasonic Energy of North America has extended its partnership with Palantir via a three-year agreement to revolutionize American battery manufacturing. With Warp Speed, Panasonic Energy is quickly evolving mission critical systems to unlock operational efficiencies, in turn strengthening US energy self-sufficiency and stability, and increasing resilience against potential global supply chain disruptions.
“Warp Speed is enabling us to rapidly transform our manufacturing operation in Nevada and accelerate the ramp-up of our new factory in De Soto, Kansas,” said Allan Swan, President, Panasonic Energy of North America. “With our new facility, we are transforming a historical industrial site into a gigafactory that is creating advanced American manufacturing jobs and strengthening the domestic supply chain in a critical industry.”
For more information on how to deploy the Warp Speed OS and to join future cohorts, visit the Warp Speed website here.
About Palantir Technologies Inc.
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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 amount and the terms of the contract and the expected benefits of our 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 our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms’ reliability; and our customer’s ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
