Palantir Technologies Inc., a software and services company which specializes in big data analysis, plans to expand its operations in Lithuania, after entering into a strategic partnership, together with the Ministry of Defense of Lithuania. Both parties are planning to collaborate in developing new digital solutions.
The strategic partnership with Lithuania is oriented towards the development of technological solutions with the purpose of supporting regional defense capabilities. Palantir Technologies team in Lithuania would be looking to hire highly skilled software engineers. The Ministry has agreed to give insights on the possible applicability of products to defence areas and further development.
Lithuania’s President Gitanas Nausėda also welcomes the strategic partnership and Palantir Technologies’ choice. “Developing new high technology oriented foreign investment opportunities as well as creating partnerships to co-create new technological products important for regional security is a win-win policy. Lithuania’s talented labor force and attractive business environment is our treasure we must further nurture.”
“Strengthening Lithuanian expertise in data-driven defense capabilities and becoming a center of excellence within the Baltic States and NATO members will strengthen defense potential and support the development of Lithuania‘s defense industry and respective ecosystem,” says Arvydas Anušauskas, Minister of Defense.
Palantir Technologies combines practical expertise in distributed systems infrastructure, big data processing, user experience design, and data science. The company’s solutions have already been used in the fight against COVID, military support for Ukraine and the resettlement of Ukrainian refugees in Lithuania.
“We are excited to see Lithuania continuing to pursue the path of technology and high-value-added solutions that can strengthen our positions as a regional hub for contemporary competencies,” says Elijus Čivilis, General Manager of Invest Lithuania. “Big data processing is not a far-future technique – it already holds great importance on various sectors now. Lithuania constantly strives to be a better place for creating and trying out new technologies or solutions, so I am sure it will also be a great place for Palantir Technologies to grow and innovate.”