Palantir Technologies's Karp Joins Ex-Ukraine Defense Minister's New Venture

MT Newswires Live

5 hours ago

Palantir Technologies (PLTR) CEO Alex Karp is set to become the first major investor in a defense technology company proposed by Ukraine's former defense minister Mykhailo Fedorov, according to a press release shared by the Fedorov team.

Fedorov, dismissed by President Volodymyr Zelenskyy in July, said he secured Karp's commitment during a recent trip to Washington.

Early priorities include battlefield robotics, jet-powered interceptor drone production and AI-guided missiles, according to the release.

"I've been absolutely inspired by what you and the Ukrainians have pulled off," Karp said in a video shared on X.

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