Palantir Technologies Inc. (PLTR) announced Monday that it's locked in for another three years with France's DGSI, the country's primary domestic intelligence agency. The partnership, which kicked off nearly a decade ago, just got its latest extension.
For context, the DGSI handles the serious stuff: counterterrorism, counterespionage, cybercrime, and broader national security threats. It's essentially France's frontline defense against domestic intelligence challenges.
Under the renewed deal, Palantir will continue providing its software platform along with integration work, technical support, and hands-on operational assistance for day-to-day intelligence operations.
Operating Within French Regulatory Framework
Palantir emphasized that its involvement stays strictly within boundaries defined by French legal and regulatory requirements. The company isn't freelancing here—everything aligns with what French authorities have established.
Interestingly, the partnership also feeds into France's broader ambitions around technological sovereignty, reducing dependence on foreign tech infrastructure where possible.
A local team based in France, led by French leadership, manages the delivery and ongoing operation of Palantir's solutions for the intelligence agency. This setup keeps operations grounded in local expertise and accountability.
The practical impact? Palantir's tools were actively supporting DGSI operations during the 2024 Olympic and Paralympic Games, when security demands were at their peak.
The company reaffirmed its dedication to delivering dependable, mission-critical capabilities that national security agencies can count on when it matters most.
Meanwhile, Palantir stock has been on a tear this year, climbing 143% year-to-date. That performance comes courtesy of its Artificial Intelligence Platform (AIP), strong U.S. commercial revenue growth, and a steady stream of government contract wins.
Navy Deal Brings ShipOS To Shipbuilding
Just last week, Palantir announced another government win—this time partnering with the U.S. Navy to deploy its Foundry and AI Platform across shipbuilding operations through an initiative called ShipOS.
The Navy has approved up to $448 million to speed up AI and autonomous technology adoption across the Maritime Industrial Base, which is Navy-speak for the network of shipyards and suppliers that build and maintain the fleet.
Navy Secretary John Phelan and Palantir CEO Alex Karp both highlighted how ShipOS modernizes shipbuilding processes that have been stuck in the past, replacing them with real-time, data-driven software.
Early pilot programs delivered impressive results, slashing planning and review timelines from weeks down to minutes. That's the kind of efficiency gain that gets attention in government circles.
The Navy is now planning a phased rollout across submarine builders, shipyards, and critical suppliers throughout the maritime industrial base.
PLTR Price Action: Palantir Technologies shares were down 0.15% at $183.29 during premarket trading on Monday.