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Home›US Markets›M&A & Deals›Palantir CEO Alex Karp backs new Ukrainian defense tec…

Palantir CEO Alex Karp backs new Ukrainian defense tech startup

Reported · Written up by our desk · M&A & Deals

CNBC Markets reports that Alex Karp, Palantir’s CEO, is backing a new defense technology startup launched by ousted Ukrainian defense minister Oleksii Reznikov’s successor, Mykhailo Fedorov.

According to CNBC World, the company aims to turn Ukraine’s wartime experience into new defense technologies, with Karp serving as a key supporter of the effort.

Both outlets say the startup is being positioned as a technology development platform tied to real-world use cases from the conflict.

The reporting frames the move as a new venture in defense tech rather than a near term change to Palantir’s existing operations, with details focused on the startup’s launch and purpose.

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Sources

CNBC MarketsPalantir CEO Alex Karp backs ousted Ukraine defense minister's new defense tech startup
CNBC WorldPalantir CEO Alex Karp backs ousted Ukraine defense minister's new defense tech startup

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