Palantir

Delta Air Lines and Delta TechOps are looking into how artificial intelligence could advance their other technology initiatives, including drones and predictive analytics

Kela Technologies has developed an open architecture platform to integrate sensor data for defense.

By selling aircraft to its partners in Abu Dhabi, Archer says it can generate up to $20 million in revenues. It aims to replicate the program in numerous markets eventually.

The Denver-based company’s sales rose 36% annually to $828 million in the fourth quarter while adjusted earnings per share reached $0.14.

Overall, sales rose 5% year-on-year to $8 billion, earnings per share climbed to $2.34 and the company’s backlog reached a record $34 billion.

The two companies will develop advanced technologies together and work to accelerate L3Harris’s “digital transformation,” L3Harris said on Oct. 23.

Riding high on the AI wave, Palantir posted revenue of $678 million in the second quarter, up 27% year-on-year and ahead of an analyst consensus of $653 million.

Data analytics firm Palantir posted a record net Q1 profit of $106 million and revenue of $634.3 million, exceeding Wall Street’s expectations.

Advanced air mobility OEMs are making maintenance preparations ahead of looming service entry dates.

Palantir will build 10 prototypes of the U.S. Army’s Tactical Intelligence Targeting Access Node (TITAN) ground stations.

Palantir Technologies recorded 20% annual sales growth in the fourth quarter that beat Wall Street’s expectations.

Palantir Technologies’ sales rose 13% annually to $533 million in the second quarter with government clients accounting for 57% of total revenue.