Palantir-Backed Ukraine Defence Venture: Fedorov launches secretive startup

Former Ukrainian Defense Minister Mykhailo Fedorov is launching a new defense technology venture. Palantir CEO Alex Karp is serving as the startup’s first lead investor. This initiative aims to commercialize Ukraine’s battlefield innovations for allies. Former Google CEO Eric Schmidt also developed a low-cost drone for Ukraine. These efforts highlight Ukraine’s growing defense technology sector.