Palantir (PLTR.US) and Red Cat (RCAT.US) are revolutionizing military drone technology.
1min read Palantir Technologies (PLTR.US) has teamed up with Red Cat Holdings (RCAT.US) to integrate Palantir's visual navigation and artificial intelligence technology into Red Cat's Black Widow drone, a groundbreaking move that is expected to have a profound impact on the way autonomous small unmanned aerial systems (sUAS) are used in modern warfare. The Black Widow drone, which was selected for the U.S. Army's short-range reconnaissance program, will achieve a performance leap through the integration of Palantir's VNav software and Warp Speed manufacturing operating system.Specifically, Palantir's VNav software effectively solves the problem of inertial drift during long-distance flights by precisely comparing the drone's real-time location with the latest satellite images, significantly improving the drone's navigation accuracy.Red Cat's CEO Jeff Thompson expressed confidence, emphasizing that the Black Widow drone, integrated with Palantir technology, will not only become one of the most powerful drones deployed by the Department of Defense but also be small and portable enough to easily fit into a backpack, making it convenient to carry and deploy.The market responded positively, with Red Cat's stock closing up 26.97% on Monday, reflecting the market's optimism about the collaboration. However, it is worth noting that the stock fell 12.73% in after-hours trading, indicating that some investors maintained a certain degree of caution amid the optimism.
