Ousted Ukrainian Defense Chief Lands Palantir CEO as First Investor in New Venture
Alex Karp will be the first major investor as Fedorov builds a company focused on drones, AI and safer defense technologies worldwide.
- On Tuesday, Sept. 1, former Defense Minister Mykhailo Fedorov announced a new defense technology company, with Palantir Chief Executive Alex Karp serving as the first major investor.
- Fedorov's departure in July, six months into his tenure, followed significant friction with senior military leaders over defense reforms he championed.
- The company will prioritize battlefield robotics, AI-enabled missiles, and jet-powered interceptor drones, building on Ukraine's reliance on AI-supported unmanned technology that completed more than 50,000 missions.
- Beyond the startup, Fedorov accepted an invitation on Aug. 28 to serve as adviser to Italian Defense Minister Guido Crosetto, while planning a separate defense investment fund and think-tank.
- Karp, who has collaborated with Fedorov for five years, said, "You and your colleagues are launching a company that I think will be defining for the world," as Fedorov seeks international capital.
52 Articles
52 Articles
Palantir CEO Alex Karp Meets with Former Ukraine Defense Minister Mykhailo Fedorov in Washington DC, Pledges Investment into Fedorov Defense Business
Palantir CEO Alex Karp and former Ukraine Defense Minister Mykhailo Fedorov have been collaborating jointly for over 5 years, according to the statement made by Karp. That means the Palantir-Ukraine relationship pre-dates the Russian military advance into Eastern Ukraine. Given the nature of U.S. involvement in Ukraine, and understanding the shady and sketchy background that […]
The first key investor will be Alex Karp, CEO of Palantir. Mykhailo Fedorov's announcement arrived on September 1st, at the end of a trip to the United States. Of the new company that according to Karp will change the world is not yet known the [...] The article Fedorov, consultant of Minister Crosetto, founded a military technology company with the CEO of Palantir: "Cambirà il mondo" comes from Il Fatto Quotidiano.
Palantir CEO Alex Karp backs former Ukraine Defense Minister’s new defense tech Startup - Tech Startups
Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology startup with an unusually prominent first backer: Palantir CEO Alex Karp. Karp will become the venture’s first lead investor, according to Fedorov’s press office. CNBC reported that the investment amount […] The post Palantir CEO Alex Karp backs former Ukraine Defense Minister’s new defense tech Startup first appeared on Tech Startups.
Alex Karp, CEO of Palantir, will become the first major investor in a new defense technology company founded by Mykhailo Fedorov. The former Ukrainian Minister of Defense plans to focus the company on ‘modern technological warfare’.
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