Palantir Technologies Inc. ( PLTR ) shares are trading lower on Thursday. Palantir Technologies Spain, SLU, disclosed a partnership with EYSA.

This three-year agreement will allow EYSA to integrate Palantir’s software with the goal of accelerating the development of mobility applications and use cases across its various operational lines, as well as capturing new business opportunities.

The partnership was finalized after months of collaboration, including a multi-week Palantir Bootcamp to assess potential applications in parking management, sustainable mobility, and urban services.

Javier Fernández Castañón, Head of Commercial at Palantir Spain, said, “Building on the strong Ontology foundation that EYSA has already consolidated in Palantir Foundry, we are thrilled about EYSA’s potential for accelerating the development of sustainable and more efficient urban mobility solutions leveraging the power of Palantir AIP.”

”After just a few months, EYSA is already pioneering new use cases, capturing emerging business opportunities which will reinforce its lead position in creating smarter, safer and more sustainable cities.”

Yesterday, Palantir ( PLTR ) announced a joint venture with TWG Global for AI deployment across banking, investment management, insurance, and other financial sectors.

Also, this week, Palantir ( PLTR ) announced a successful deployment of its cutting-edge technology within Societe Generale, a prominent European bank, aimed at enhancing financial crime prevention.

Investors can gain exposure to the PLTR stock via Roundhill ETF Trust Roundhill PLTR WeeklyPay ETF and Direxion Daily PLTR Bull 2X Shares ( PLTU ) .

Price Action: PLTR shares are down 3.47% at $87.00 at the last check Thursday.

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