Alex Karp to lead-invest in new defense startup from ex-Ukraine minister Fedorov
Mykhailo Fedorov, recently removed as Ukraine's defense minister, is starting a defense technology company that will count Palantir CEO Alex Karp as its first lead investor. Details such as the company's name, funding amount, and specific technologies remain undisclosed, though Fedorov's office says more about the Palantir partnership will be revealed over time.
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The venture signals how Ukraine's battlefield experience with drones, AI and software is becoming an exportable product for allied militaries, potentially reshaping how NATO-aligned countries source defense innovation. Karp's direct backing also deepens Palantir's ties to Ukraine's defense ecosystem at a moment when Fedorov, despite being ousted from government, retains significant influence and international credibility in military tech circles.
- Fedorov, dismissed as defense minister in July, is launching a new defense tech company.
- Palantir CEO Alex Karp will be the startup's first lead investor, though funding details are undisclosed.
- The company aims to turn Ukraine's wartime tech lessons into products for Kyiv and allied nations.
Source: cnbc.com — Elsa Ohlen, 2026-09-02
Published there as: “Palantir CEO Alex Karp backs ousted Ukraine defense minister's new defense tech startup”
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