Palantir Secures Crucial Security Clearance To Expand Australian Operations

• Palantir received the IRAP PROTECTED certification in Australia. 
• The certificate is a prerequisite for organizations working with Australian government entities.
• Palantir Platform Australia (PPA) delivers cloud-based solutions, including Foundry and AIP. 

Palantir Technologies Inc. (PLTR) announced on Thursday that it has received the IRAP PROTECTED certification under the Australian Information Security Registered Assessors Program (IRAP), a crucial security clearance that allows Australian government agencies and commercial clients to use the Palantir Foundry.

Following the update Palantir’s stock traded over 3% higher in Thursday’s premarket. However, on Stocktwits, retail sentiment around the stock remained in ‘bearish’ territory amid ‘low’ message volume levels. 

Significance Of Certification 

The PROTECTED-level assessment is a prerequisite for organizations working with Australian government entities. It was conducted by an independent IRAP assessor following protocols established by the Australian Signals Directorate (ASD). 

Palantir’s approval enables a wider range of Australian customers to adopt its software securely.

Palantir Platform Australia 

The company’s local operations, known as Palantir Platform Australia (PPA), deliver cloud-based solutions including Foundry and AIP. These services run on Australian Amazon Web Services (AWS) regions and are tailored to meet the requirements of government agencies and private enterprises.

“We are proud to support Australia’s mission to safeguard its most sensitive data and infrastructure, and we look forward to empowering our customers with the highest standards of security.”

-Paul Rawlins, AU, Head of Public Sector, Palantir 

Q3 Earnings At A Glance 

The AI intelligence software provider posted a 63% year-on-year increase in its third-quarter revenue of $1.18 billion. Palantir’s U.S. revenue grew 77% YoY and 20% sequentially to $883 million.

The company raised its 2025 revenue guidance to a range of $4.396 billion to $4.40 billion, compared to the analysts' consensus estimate of $4.4 billion, according to FsicalAI data. 

PLTR stock has gained over 118% in 2025 and over 166% in the last 12 months. 

Also See: Dell Pushes Back ‘Project Maverick’ AI Overhaul By Three Months: Report

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