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Ukraine’s former defense minister to launch defense technology company with Palantir CEO backing
🇪🇪 Estonia /Technology

Ukraine’s former defense minister to launch defense technology company with Palantir CEO backing

From Postimees · () Estonian

Translated from Estonian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Former Ukrainian Defense Minister Mykhailo Fedorov announced plans on Sept. 1 to establish a new defense technology company.
  • Palantir CEO Alex Karp will serve as the company’s main investor, according to Kyiv Independent reporting cited by Postimees.
  • Fedorov said his team gained experience with defense technologies during Russia’s full-scale war against Ukraine.

Ukraine’s former defense minister Mykhailo Fedorov has announced plans to establish a new defense technology company with backing from Palantir CEO Alex Karp.

Fedorov said his team acquired unique experience during the full-scale war by working with defense technologies in Ukraine and witnessing how technology is changing modern warfare.

“Ukraine is a priority for me,” Fedorov said in a press release. The company’s formation and Karp’s role as its main investor were reported by Kyiv Independent.

Ukraine is a priority for me. During the full-scale war, our team gained unique experience working with defense technologies in Ukraine and seeing firsthand how technology is changing modern warfare.

— Mykhailo FedorovFedorov explained his motivation for creating the defense technology company.
About this summary

Originally published by Postimees in Estonian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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