Fedorov Launches Defense Tech Company at 35 With Alex Karp as Lead Investor
Updated
Updated · CNBC · Sep 2
Fedorov Launches Defense Tech Company at 35 With Alex Karp as Lead Investor
3 articles · Updated · CNBC · Sep 2
Summary
Mykhailo Fedorov, ousted as Ukraine's defense minister in July after six months, is starting a defense technology company with Palantir CEO Alex Karp as its first lead investor.
The venture aims to turn Ukraine's wartime know-how into products for Kyiv and allied countries, drawing on advances in drones, AI and battlefield software accelerated by the war with Russia.
Karp, in a video posted by Fedorov on X, said the company could bring Ukraine's warfare experience "as a product" to allies, but neither side disclosed the investment size, company name or planned technologies.
Since leaving government, Fedorov has been courting U.S. investors for broader defense projects, including a separate fund targeting battlefield robotics, interceptor drones and AI-enabled missiles.