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I say it every time, I am astounded the Tolkien estate allowed the use of the word Palantir...
If the Tolkien estate has a trademark on that word it doesn’t stop a company in an entirely different field to name their company that word. Owning a trademark doesn’t mean you own all the usage rights of that word. You only have the rights in a specific category.
So, if an arms manufacturer creates a functional Iron Man suit, is nothing stopping them from calling it Iron Man? I assume they wouldn't be allowed to make it look exactly like the Marvel character, but comic books and the MIC are certainly in different fields...
What makes you think they did?