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Palantir CEO Alex Karp backs ousted Ukraine defense minister's new defense tech startup
CNBC • • world
Key Points:
- Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology company aimed at turning Ukraine's wartime tech experience into products for Kyiv and its allies, with Palantir CEO Alex Karp as the first lead investor.
- Alex Karp highlighted the potential for the company to export Ukraine's warfare knowledge as a product to allied countries, emphasizing its global significance.
- Specific details about the company's name, technologies, and Karp's role remain undisclosed, with further announcements planned to be made gradually.
- The venture builds on Ukraine's accelerated development of defense technologies such as drones, AI, and battlefield software amid the ongoing conflict with Russia.
- Fedorov emphasized the unique experience gained during the war and the company's goal to apply these lessons to develop transformative defense technologies for Ukraine and its allies.
