Part 10/14:
The company's recent focus on defense is bolstered by shifts in U.S. military strategy, highlighting "software resilience" as a key future advantage. A 2022 Pentagon memo emphasizes that future conflicts will rely heavily on software agility, positioning Palunteer's offerings as vital tools for national security.
Valuation and Growth Challenges
Despite a remarkable stock rise, Palunteer's valuation remains high, with many metrics suggesting the stock is overvalued—about 50% downside if growth slows or expectations aren't met. However, rapid growth in both commercial and government sectors justifies continued optimism—especially considering the stability of government contracts and the increasing importance of software in military operations.