Former Ukrainian defence minister launches Palantir-backed defence tech firm

Palantir CEO Alex Karp stepping in as the first lead investor in a new defense technology company founded by former Ukrainian Defense Minister Mykhailo Fedoro. According to a report by CNBC, the size of Karp’s investment has not been disclosed, but Fedorov’s press office confirmed the partnership, saying details of cooperation with Palantir will be announced gradually. In a video posted by Fedorov on social media platform X (formerly known as Twitter), Karp praised the venture, saying it could bring Ukraine’s wartime knowledge and experience “as a product to allied countries.” He added: “You and your colleagues are launching a company that I think will be defining for the world.”Alex Karp backed defense company turning wartime experience into a productThe company’s name, specific technologies, and the extent of Karp’s involvement have not yet been disclosed. Palantir did not immediately respond to requests for comment.