In a week that saw Palantir Technologies Inc. (NASDAQ: PLTR) stock end the week on a sell-off, the company announced a deal that supports the long-term bullish case for Palantir. Specifically, the company signed a 5-year, $100 million contract with the U.S. government to co-develop what it calls a Nuclear Operating System (NOS).
Nuclear energy is being explored around the world for several reasons. Globally, dozens of countries are reviving nuclear plans for their decarbonization strategies. In the United States, the Biden and Trump administrations have supported advanced reactors and the modernization of aging facilities, underscoring the bipartisan backing for nuclear as a reliable baseload power.
