Maven is the Army's most critical AI project, aimed at targeting, real-time battlefield intelligence and decision making. Here is the evolution of the contract:
2017: Maven launched with Google
2019: Palantir enters as Google exits due to protests
2021: Palantir begins Maven prototype
2022: $229mn 1y expansion
2023: Maven transitions to NGA
2024: $480mn 5y expansion to thousands users
2024: $100mn 5y expansion to all military branches
2025: NATO adopts Maven
2025: $800mn modification to the $480mn deal. Notice: -
This is Palantir's first +$1bn tot value contract - Very high margin Revenue as the product is proven - Almost impossible Army will change provider now - Unthinkable to build an alternative without ontology - Palantir is showing dominance in USG - This is the most advanced applied AI - Palantir sets the standard for "software that works" - Maven success facilitates international gov adoption - We are effing just getting started.
DOMINATE.
