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Bullboard - Stock Discussion Forum Datametrex AI Ltd V.DM

Alternate Symbol(s):  DTMXF

Datametrex AI Limited is a technology-focused company with exposure to artificial intelligence, healthcare, and mobile gaming. It is focused on collecting, analyzing and presenting structured and unstructured data using machine learning and artificial intelligence. The Company's products include AnalyticsGPT, Cyber Security, and Healthcare. AnalyticsGPT platform scans vast data streams from... see more

TSXV:DM - Post Discussion

Datametrex AI Ltd > I would lv a contract like this from PLTR :)
View:
Post by Thecook100 on Jun 05, 2023 11:59am

I would lv a contract like this from PLTR :)

DENVERJune 5, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced it was awarded a contract from the US Special Operations Command (USSOCOM) to deliver technology solutions to support enterprise capabilities. The multi-year contract is worth up to $463 million.

Palantir provides best in class software capabilities for America's warfighters, including the men and women of USSOCOM, and this contract award will help ensure their continued competitive advantage in this next phase of competition. Palantir helps USSOCOM to parse the petabytes of data emanating from today's environments and enables decision-making
Comment by PendleStock on Jun 05, 2023 12:29pm
A hefty contract from a government unit has the potential to completely transform DM as a company. The fact that they have secured a $40 million contract with the Canadian government is a strong indication of their growth potential, positioning them on a trajectory similar to that of PLTR . This contract serves as a testament to DM's capabilities and hints at the possibility of reaching ...more  
Comment by Resilience19 on Jun 05, 2023 1:22pm
Thecook, yes, such a contract would be nice for DM but, just to put things into perspective: 1. PLTR has a mc of USD 33B. DM has a mc of CAD 33M 2. PLTR's USD 463M contract represents 1.4% of its mc. 3. If DM was to receive a contract representing 1.4% of its mc, the contract would be roughly CAD 0.462M or CAD 462,000 Based on this, I think I'm content with DM getting recurring multi ...more  
Comment by Thecook100 on Jun 05, 2023 1:47pm
@Resilience, DM would have to rise over 1000% to catch up to PLTR MC. Thanks for clarifying. Us old.guys cant figure out the simple things in life. Nevertheless DM is on the right track and looking forward to some more exciting news  :) 
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