Ukraine's ousted pro-tech defense minister is launching a new company backed by Palantir's Alex Karp
Mykhailo Fedorov and Palantir CEO Alex Karp Danylo Antoniuk/ Ukrinform/Future Publishing via Getty Images; Fabrice COFFRINI / AFP via Getty Images Mykhailo Fedorov is launching a defense tech startup after his ouster this summer. Palantir CEO Alex Karp will be the new company's first lead investor. Fedorov says the company will turn Ukraine's wartime tech lessons into new capabilities. Mykhailo Fedorov, who helped drive rapid innovation in battlefield technology, particularly drones, before being ousted as Ukraine's defense minister this summer, is launching a defense tech company. The new company will focus on developing defense technologies intended to strengthen Ukraine and support partners, Fedorov said in a release, promising "more details to come." While much remains unclear about what the company will do, its first lead investor will be Alex Karp, the CEO of Palantir, an American AI, data, and operational intelligence company. In a statement, Fedorov said Ukraine would be the company's priority. "During the full-scale war, our team gained unique experience working with defense technologies in Ukraine and seeing firsthand how technology is transforming modern warfare," he sai