Palantir Technologies, a US-based software and services company, is planning to expand its operations in Lithuania and establish a regional hub of big data competencies in Vilnius, Invest Lithuania said on Tuesday.
The company has entered into a strategic partnership with the Lithuanian Defence Ministry to develop new digital solutions, the government’s foreign investment promotion agency said in a press release.
Alexander C. Karp, co-founder and CEO of Palantir Technologies Inc., said the technical centre in Vilnius “will strengthen not only the nation and its Baltic partners, but also the democratic values which they seek to uphold”.
Palantir Technologies will hire highly skilled software engineers in Lithuania.
The Defence Ministry “has agreed to give insights on the possible applicability of products to defence areas and further development”, according to the press release.
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