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Ex-Ukrainian Defense Minister launches defense tech firm with Palantir CEO as lead investor

Market News
02 Sep 2026
CNBC
View Source
Bullish
pluang ai news

Former Ukrainian Defense Minister Mykhailo Fedorov is starting a defense technology company backed by Palantir CEO Alex Karp, who will be the lead investor. The startup aims to convert Ukraine's wartime tech experience into products for Ukraine and its allies, focusing on innovations like drones, AI, and battlefield software. Details on the company's name and technologies remain undisclosed, with further announcements expected. This venture highlights efforts to leverage Ukraine's recent military tech advancements for broader defense applications.

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