FrontRow · Sep 2, 2026
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Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology company backed by Palantir CEO Alex Karp, as the former government official looks to turn Ukraine's wartime technology experience into products for Kyiv and its allies. Karp is set to become the company's first lead investor, according to Fedorov's press office. The size of the investment was not disclosed. In a video posted by Fedorov on X on Tuesday, Karp said the company could bring Ukraine's knowledge and experience of warfare "as a product to allied countries.""You and your colleagues are launching a company that I think will be defining for the world," Karp said.
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