Fired Ukraine defense chief Fedorov launches defense-tech company with Palantir CEO backing
After leaving government, Mykhailo Fedorov has moved deeper into defense technology, raising money in the US and pitching new ways to turn Ukraine’s battlefield experience into weapons and military systems.
Ukrainian former Defense Minister Mykhailo Fedorov has announced the creation of a new defense technology company, with Palantir CEO Alex Karp set to provide the initial major investment. This venture comes following Fedorov's dismissal from his defense minister position in July, which prompted protests demanding his return. The company aims to develop drones, artificial intelligence, and other military technologies, leveraging Ukraine's experience in modern warfare.
Karp, who has collaborated with Fedorov for five years, expressed excitement about turning Ukraine's military innovations into products for allied nations. Fedorov, who previously served as minister of digital transformation, gained prominence for his efforts to integrate technology into Ukraine's military during the ongoing conflict.
His dismissal marked a significant political dispute, as the move was supported by demonstrators but ultimately failed to reverse the decision. Despite the setback, Fedorov remains committed to advancing defense technology, having received offers of advisory positions and working on establishing a defense-tech investment fund. Palantir's involvement brings significant backing to Fedorov's efforts, given the software company's expertise in data analysis and military applications.
Written by urgent.news from Euromaidan Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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