---
title: "Palantir accelerates in Spain: the AI giant grows by more than 100% and wins over large companies — Marsanne Studio AI watch"
description: "Palantir is multiplying contracts with large Spanish companies (Mutua Madrileña, Mahou, Ferrovial) through its Foundry platform and AI."
url: "https://marsanne.studio/en/ai-watch/palantir-accelerates-in-spain-the-ai-giant-grows-by-more-than-100-and-0b312f/"
lang: "en"
---

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Analysis · 27 September 2026

# Palantir accelerates in Spain: the AI giant grows by more than 100% and wins over large companies

Original title, in Spanish: “Palantir acelera en España: el gigante de la IA crece más del 100% y entra en grandes empresas”

**Publication**

Demócrata (Spain)

**Author**

Unsigned

**Published on**

27 September 2026 · read in the page metadata · updated on 27 September 2026

## Summary

Palantir, the US data analytics and AI company, is accelerating its expansion among large Spanish companies through its Foundry platform and its generative AI module AIP. Mutua Madrileña, Mahou San Miguel, Ferrovial and Valoriza are among its clients, while Grupo Antolin is negotiating its use of the platform to reduce its €1.25 billion debt. The Spanish subsidiary, with around thirty employees in Madrid, reports annual growth of more than 100%, with €23.5 million in revenue in 2025, and works with around twenty large groups. Palantir, with a stock market valuation of $456 billion, deploys small teams of engineers embedded in clients' operations to solve concrete problems (inventories, production, supply chain). The Spanish Ministry of Defence also awarded it a €16.54 million contract in 2023.

Summary based on the full text of the article.

[Read the article on Demócrata →](https://www.democrata.es/defensa/palantir-acelera-en-espana-gigante-ia-crece-mas-100-entra-en-grandes-empresas/)

## Figures cited

-   100 %
    
    Year-on-year business growth of Palantir's Spanish subsidiary
    
    Palantir's Spanish subsidiary, Madrid, 2026
    
    > « Palantir cuenta con apenas una treintena de empleados en Madrid, pero su actividad aumenta a ritmos interanuales superiores al 100%. »
    
-   23.5 million EUR
    
    Revenue of Palantir's Spanish subsidiary in 2025
    
    Palantir's Spanish subsidiary, financial year 2025
    
    > « La filial española registró unos ingresos de 23,5 millones de euros en 2025 y podría aproximadamente duplicar esa cifra durante 2026 »
    
-   30 employees
    
    Headcount of Palantir's Spanish subsidiary in Madrid
    
    Palantir's Spanish subsidiary, Madrid
    
    > « Palantir cuenta con apenas una treintena de empleados en Madrid »
    
-   20 companies
    
    Number of large Spanish groups that are Palantir clients
    
    Large Spanish companies, estimate
    
    > « según la información disponible, trabaja actualmente con alrededor de una veintena »
    
-   456,000 million USD
    
    Palantir's market capitalisation
    
    Palantir Technologies, as of 25 September 2026
    
    > « A cierre del 25 de septiembre, su capitalización se situaba alrededor de los 456.000 millones de dólares »
    
-   16.54 million EUR
    
    Spanish Ministry of Defence contract with Palantir
    
    Spanish Defence Staff, 2023
    
    > « el Estado Mayor de la Defensa adjudicó en 2023 a Palantir Technologies Spain un contrato de 16,54 millones de euros para una solución de fusión y análisis de inteligencia destinada al Sistema de Inteligencia de las Fuerzas Armadas (SIFAS) »
    
    Source: BOE (Boletín Oficial del Estado)
    
-   1,250 million EUR
    
    Grupo Antolin's debt
    
    Grupo Antolin, automotive component manufacturer
    
    > « un momento en el que el fabricante de componentes de automoción busca reducir una deuda que ronda los 1.250 millones de euros »
    

## Classification

**Country**

Spain, United States

**Company size**

Large companies

**Industries**

Banking, insurance, asset management, finance departments · Agriculture and food production · Construction, civil engineering, real estate · Industry and manufacturing · Software vendors, IT services companies, telecoms

**Companies**

Palantir (supplier), Valoriza (deploys AI), Mutua Madrileña (deploys AI), Grupo Antolin (deploys AI), Indra (cited), Ferrovial (deploys AI), Mahou San Miguel (deploys AI)

**Keywords**

Palantir, Foundry, large companies, data analytics, insurance, automotive

Entry written by Marsanne Studio from the cited article, with the help of an AI model (claude-sonnet-5). The rights to the article and its illustrations belong to Demócrata. Entry translated from French by Claude Sonnet 5.5.