Palantir Granted FedRAMP "High Authorization" for its Cloud Services

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Palantir Granted FedRAMP "High Authorization" for its Cloud Services

MT Newswires Live12-03 22:43

Palantir Technologies (PLTR) said Tuesday it has been granted FedRAMP 'high authorization' for its cloud services, allowing the company to provide its offerings to more US government units.

Palantir shares gained 4.5% on the news.

The approval covers Palantir Federal Cloud Service and its supporting services environment, the company said.

FedRAMP is a US government program that promotes adoption of secure cloud services, the company said.

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