Palantir disputes report of flaws in Army product
Palantir says security vulnerabilities with a prototype battlefield communications product highlighted in a September 5 Army memorandum have already been addressed, according to a Bloomberg report.
The company said any conclusions that the product was seriously flawed, drawn from reports in Reuters and an online publication known as Breaking Defense, were “out of date and inaccurate.”
Separately, Army officials also told Breaking Defense that deficiencies with the battlefield communication product were “mitigated immediately.”
Going into the last hour of trading, Palantir shares were on track for their worst day since August in the wake of the reports.
Separately, Army officials also told Breaking Defense that deficiencies with the battlefield communication product were “mitigated immediately.”
Going into the last hour of trading, Palantir shares were on track for their worst day since August in the wake of the reports.