Close menu

May 18th, 2023 | 09:40 CEST, Star Navigation Systems, Palantir - Megatrend Artificial Intelligence

  • Software
  • AI
  • Technology
Photo credits:

No less a figure than Bill Gates sees artificial intelligence as one of the most groundbreaking changes in decades. Other industry leaders also see the beginning of a new technical revolution rolling towards society. After an initial hype following the launch of the ChatGPT 3.5 chatbot on November 30, 2022, companies from the revolutionizing industry are in the consolidation phase. There is currently no question that the technology will prevail in the long term.

time to read: 3 minutes | Author: Stefan Feulner

Table of contents: - Price jump after the figures

    The share price of, founded by Thomas Siebel, the former boss of the CRM software company Siebel Systems, has halved since April and fell to a low of USD 16.79. However, the signs continue to point to a sharp rebound. After the publication of preliminary figures, the group, which specializes in providing AI systems for companies, gained more than 16%.

    The reason for the euphoria was a better-than-expected result in turnover and loss. Revenues in the fourth quarter ranged from USD 72.1 million to USD 72.4 million. Analysts, on the other hand, were expecting only USD 71.1 million. The preliminary estimates for the adjusted loss from operating activities ranged between minus USD 23.7 million and USD 23.9 million and were also better than the forecast of minus USD 24 million to USD 28 million. In addition, positive free cash flow was achieved in the range of USD 18 million and USD 19.4 million.

    CEO Tom Siebel added: "At the start of the new financial year on May 1, the Company has never been so well positioned," said Thomas M. Siebel, CEO of I believe we now have a broad consensus that the addressable market for enterprise AI is extraordinarily large." remains committed to its long-term guidance, with a goal of achieving a profitable non-GAAP business by the end of fiscal 2024. The data analytics company ended the current financial year with cash and investments of over USD 800 million. You can read a detailed report on the business model here.

    The chatbot developed by the US company OpenAI is considered the fastest-growing internet application in history. Source:

    Star Navigation Systems - The digital twin is coming

    With a market capitalization of around EUR 20 million, Canada's Star Navigation Systems is still a long way from the stock market value of data analytics company However, the potential, as well as the innovation of the technology, is no less.

    The Company, which has already been active for two decades, is a renowned player in the field of aviation technology, has successfully specialized in in-flight analysis, satellite communication and data processing for the aviation industry and has filed a patent with the United States Patent Office and the Canadian Intellectual Property Office for its innovative product "The Star Digital Twin". The Company offers both hardware and software solutions tailored to the specific needs of the industry. The Canadians' competitive advantage is in the ability to perform in-flight edge computing and analyze the computed data using artificial intelligence and advanced algorithms. This method enables real-time analysis of important parameters such as engine efficiency, aircraft structure and position data. The analyzed data is then transmitted directly to the ground operators via satellite links.

    A key benefit of this innovative approach is the accurate detection of incidents and the immediate transmission of warning messages. With the help of the Company's own Inflight Safety Monitoring System (ISMS), management is able to determine the position of aircraft at any time, even if they deviate from their planned course.

    Inventor and interim CEO Anoop Brar commented: "The inspiration for the Digital Twin technology for aircraft came from common use cases such as operational models in the oil and gas industry, simulation in engine design and IoT ("Internet of Things") technology. The Digital Twin is a state-of-the-art, data-driven solution that creates a virtual representation of an object that is live and connected by leveraging inflight data across Star's connected aircraft ecosystem and using cloud-based artificial intelligence analytics."

    Palantir - A step back after the rally

    While is still benefiting from the buying mood due to the better-than-expected figures, the enthusiasm has already waned for US data specialist Palantir. After reaching the high for the year of USD 10.30, the share price fell back to the upward trend formed at USD 9.07 since December.

    Palantir released its quarterly results last Monday and reported earnings per share of USD 0.04, beating analysts' estimates of USD 0.03. Net margin was negative 12.88%, and return on equity was negative 12.92%. The Company reported revenue of USD 508.62 million for the quarter, compared to the consensus estimate of USD 504.84 million, an increase of 17.5% compared to the same quarter last year.

    In total, 17 analysts at Reuters Refinitiv analyze the Company. The average price target of the financial experts is USD 8.75, which is below the current share price level.

    According to experts, artificial intelligence is heralding a new technological revolution. Companies operating in the sector are experiencing high growth but equally high losses. Palantir and beat forecasts in the last fiscal quarter. Star Navigation Systems filed its highly innovative product, "The Star Digital Twin", with patent offices in the US and Canada.

    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") currently hold or hold shares or other financial instruments of the aforementioned companies and speculate on their price developments. In this respect, they intend to sell or acquire shares or other financial instruments of the companies (hereinafter each referred to as a "Transaction"). Transactions may thereby influence the respective price of the shares or other financial instruments of the Company.
    In this respect, there is a concrete conflict of interest in the reporting on the companies.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.
    For this reason, there is also a concrete conflict of interest.
    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but a journalistic or advertising text. Readers or users who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. No contractual relationship is established between Apaton Finance GmbH and its readers or the users of its offers, as our information only refers to the company and not to the investment decision of the reader or user.

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    Stefan Feulner

    The native Franconian has more than 20 years of stock exchange experience and a broadly diversified network.
    He is passionate about analyzing a wide variety of business models and investigating new trends.

    About the author

    Related comments:

    Commented by André Will-Laudien on June 2nd, 2023 | 08:30 CEST

    Is the Artificial intelligence hype already over? Nvidia, Star Navigation and with good chances of a correction!

    • AI
    • Innovations
    • Technology

    With an eye on rapid technological progress, the EU and the US want to cooperate more in the field of artificial intelligence (AI). "We are determined to make the most of the potential of emerging technologies while limiting the challenges they pose to universal human rights and shared democratic values," the Joint Trade and Technology Council announces. For the accompanying ethics committees, an important issue now comes to the table: what is a machine allowed to do, and what is it not allowed to do? So the current hype could be curbed again somewhat. Have AI values already peaked?


    Commented by Juliane Zielonka on June 1st, 2023 | 09:30 CEST

    BioNxt Solutions, Bayer, Palantir - AI is dominating the market at breathtaking speed and ensuring high returns

    • Biotechnology
    • Pharma
    • AI

    Tech investors have suffered heavy losses over the past year. But tech in pharma and security in defence enables entirely new future scenarios whose precise developments are worth examining more closely. For example, gentler and more effective new ways that benefit patients are emerging in the drug delivery market. At the forefront is the Company BioNxt Solutions, which specializes in innovative transdermal patches whose active ingredients literally go under the skin. In Germany, the biotech company cooperates with a German pharmaceutical partner. New times are now dawning for Bayer as well. Under the new reign of CEO Bill Anderson, digital health seems to have finally found its positioning in the Consumer Health division. There, the Company is to cooperate with exciting start-ups that collect and analyze consumer data. When it comes to networking and interpreting data using AI, one company in particular stands out at the moment. Palantir is moving out to "dominate the entire market." How? Find out in the comments below.


    Commented by André Will-Laudien on June 1st, 2023 | 09:00 CEST

    Heating chaos in Berlin! Palantir, Defense Metals, Borussia Dortmund - Do governments use artificial intelligence like ChatGPT?

    • Mining
    • RareEarths
    • Digitization
    • Software
    • AI

    Artificial intelligence (AI) is a key driver for the digital transformation of our society. Some technologies have been around for over 50 years but advances in computing power and the availability of big data and new algorithms have led to breakthroughs in AI in recent years. Even if AI is only slowly becoming present in our everyday lives, new applications are likely to bring enormous changes in the future. Decision-making processes, for example, can be strongly supported digitally since today's computers can sift through hundreds of years of knowledge within a few seconds. But does this necessarily mean that the quality of results will also increase?