Palantir Is Developing the ‘Core’ of the Golden Dome. Does That Make PLTR Stock a Buy Now?

Palantir (PLTR) stock has been in the limelight with the escalation of geopolitical tensions in the Middle East. Further, with healthy growth and deal acceleration, PLTR stock has trended higher by over 60% in the last 52 weeks. 

With a focus on innovation for the government and commercial enterprises, it’s likely that Palantir will continue to create value. It was recently reported that Anduril Industries and Palantir Technologies are working on software for the “Golden Dome” missile‑defense initiative for the United States. The Golden Dome project initiative is worth $185 billion and is focused on a space-based missile shield for countering ballistic and cruise missile threats.