WASHINGTON — The Space Force awarded data analytics company Palantir $110.3 million in contract extensions for the corporate’s cloud-based data services.
The Space Systems Command announced June 15 it has added another yr to Palantir’s existing contracts for data-as-a-service. Under a project called Warp Core, the Space Force since 2021 has used the corporate’s cloud platform and analytics services to aggregate large amounts of information from disparate sources.
The one-year contract extensions include:
- $58.4 million for automatic data ingestion across the Department of the Air Force, continually pushing personnel, equipment, planning, health and other readiness data sources into a typical data foundation.
- $32.7 million for business software licenses in support of Space Command and Control (C2) and space situational awareness for users on the National Space Defense Center and the Combined Space Operations Center. This contract also enables the platform to ingest Special Access Program data.
- $19.2 million for data services in support of the North American Aerospace Defense Command and U.S. Northern Command. This contract allows the commands’ operations centers to ingest data from across DoD and combatant commands for joint all-domain command and control.
Under these data-as-a-service contracts, the Space Force is transitioning legacy data stovepipes into the Warp Core data analytics platform.
Warp Core relies on the Palantir Data platform that integrates and manages data from disparate sources.
In keeping with the Space Systems Command, Warp Core “provides a typical data interface, and enables higher data sharing, streamlining of manual reporting processes and decommissioning of legacy systems.”
Industry analyst Louie DiPalma, from the William Blair market research firm, estimated that, before these latest contract extensions, Palantir has been awarded greater than $195 million in contracts for the Warp Core project because it began in 2021.
DiPalma noted that the brand new contract extensions for Palantir, although significant, should not guaranteed to proceed indefinitely because the Space Force recently added recent vendors to its data-as-a-service program.
In keeping with DiPalma, “going forward, growing the long-term revenue for Palantir’s Space Force program is in danger since the Space Force in March added 17 other vendors to the $900 million IDIQ contract, and only prolonged Palantir for one yr slightly than a customary multi-year agreement.”