Palantir is a US company developing AI software that supports large-scale data analytics and
decision-making processes for military and other government agencies. Shortly after Israel’s
genocide in Gaza commenced, Palantir entered into a partnership with Israel’s Ministry of
Defense to assist with the ‘war effort’. The IDF subsequently used Palantir tools during multiple
raids in Gaza.
Palantir was also involved in the September 2024 attacks in Lebanon using exploding electronic
pagers and radio devices, which killed dozens and wounded thousands of people including at
least a dozen civilians. The attacks were condemned by United Nations experts as a “terrifying
violation of international law” because of its indiscriminate nature and the ‘booby trap’ nature of
the explosive devices.
Palantir has openly expressed public support for Israel during the genocide, more than any
other non-Israeli company. In October 2023, it took out a full-page ad in the New York Times
reading “Palantir stands with Israel”
You can learn more about Palantir and the Future Fund’s investment here.
Elbit Systems is an Israeli weapons company that manufactures munitions, combat vehicles,
drones, electronic warfare systems, cybersecurity technology and other surveillance systems.
Elbit is Israel’s primary weapons supplier and largest private weapons manufacturer.
Elbit weapons have repeatedly been used against Palestinian civilians, resulting in numerous
casualties and the mass destruction of homes and civilian infrastructure, including hospitals,
schools, and water and electric systems. Many recorded incidents linked to Elbit weapons or
materials are considered war crimes:
- In 2015, an Elbit bomb was used to strike a home in Khan Younis, killing nine people,
including six children. - In April 2024, an Elbit drone attacked three World Central Kitchen vehicles in central
Gaza, killing seven aid workers including one Australian. - In a 2006 Lebanon bombardment, an Elbit drone killed over 1,100 people, about a third
of them children. - Elbit tanks have also been used in Gaza operations, including firing at the border in
2020, at protesters during the 2018 Great March of Return, and in earlier assaults in
2012 and 2014. They have also supported demolitions of homes and farmland.
The construction of Elbit’s corporate factories on occupied Palestinian land has contributed to
significant forced displacement, including in Ramat Beka in Naqan/Negev, displacing 36,000
Palestinians with the demolition of over 2000 buildings including 1200 Palestinian homes.
Elbit is also the primary supplier of surveillance systems used on the apartheid wall, considered
illegal under international law, to monitor and surveil Palestinians.
Lockheed Martin is a US weapons company. As of 2022, it is the largest military contractor in the
world.
Lockheed Martin provides the Israeli Air Force with F-16 and F-35 war planes, missiles, sensor and
radar warfare technology, and rocket systems. For years, these weapons have repeatedly been
used against Palestinian civilians, resulting in numerous casualties as well as mass destruction of
homes and civilian infrastructure, including hospitals, schools, and water and electric systems.
- Throughout the Gaza genocide, F-35s have been repeatedly used by Israeli Forces in
airstrikes in Gaza, including in designated safe zones killing tens of thousands of
civilians. - Lockheed Martin fighter jets and missiles have been used in airstrikes against
Palestinian civillians in 2008/9, 2010, 2014, 2018, and 2021. - In 2024, Lockheed Martin missiles were used in the attack killing World Kitchen aid
workers, including Australian Zomi Frankcom.
Lockheed Martin was directly named in United Nations From Economy of Occupation to
Economy of Genocide Report in July 2025. It was also named in a statement from UN in June
2024 directly calling out the companies complicity in genocide, amidst calls for an end of the
transfer of weapons to Israel.
Mizrahi Tefahot, Israel Discount Bank, Bank Hapoalim and Bank Leumi have all been involved in financing and facilitating the expansion of Israel’s illegal settlements in the occupied Palestinian territory. Their activities include providing loans for settlement construction, mortgages for Israeli homebuyers, and financial services to settlement councils.
Bank Hapoalim and Bank Leumi have also financed settlement-serving infrastructure, including the Jerusalem Light Rail, while Bank Leumi has financed commercial developments such as a business park and shopping mall in settlements.
All four banks were included in the United Nations’ 2020 database of businesses involved in activities supporting and enabling Israel’s illegal settlements.
Sign our Petition to Parliament
The Future Fund could change its investment in the stroke of a pen.
All it would take is a decision by the Finance Minister and the Treasurer to change the investment mandate.
Up until the next Federal election, we’ll be advocating, lobbying and campaigning for Future Fund divestment.
You can echo our demands to the government by adding your name to our petiton, which we’ll deliver to parliament in 2027.
In September, we participated in the Global Week of Action against Palantir, and mobilised thousands across the continent to demand divestment by the Future Fund.
We’ve put together a regularly updated fact sheet on the Future Fund’s investments/