Ukraine's Ex-Defense Minister Launches Palantir-Backed Defense Tech Startup

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Former Ukrainian Defense Minister Mykhailo Fedorov is launching a new defense technology startup focused on commercializing battlefield innovations developed during the ongoing conflict. Palantir CEO Alex Karp has signed on as the venture's first lead investor, signaling strong private-sector interest in Ukraine's defense capabilities. The startup aims to bring Ukraine's wartime technological advances to allied nations. The initiative is part of a broader trend, with former Google CEO Eric Schmidt also having developed a low-cost drone for Ukraine. Together, these efforts underscore Ukraine's rapidly expanding defense technology sector.

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