Ousted Ukrainian Defense Minister Teams Up with Palantir CEO to Launch New Defense Company - SSBCrack
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KYIV, Ukraine - Mykhailo Fedorov, Ukraine's recently ousted defense minister, is embarking on a new venture with Palantir CEO Alex Karp to establish a defense company focused on enhancing global safety through technological advancements. This announcement, made on Tuesday, marks Fedorov's first major declaration about his career direction since leaving office in July. In a recent press release, Fedorov outlined his vision to leverage the unique experience gained during the ongoing war to create technologies that would bolster Ukraine's defense capabilities and support its allies. He emphasized the transformative impact of technology on modern warfare, stating, "Now we want to use this experience to build technologies that will strengthen Ukraine, help our allies and ultimately make the world safer." The partnership with Karp has the potential to inject billions into Ukraine's defense sector, building on Palantir's impressive financial performance, including a 93% year-over-year revenue growth in the last quarter. With a valuation exceeding $440 billion, Palantir generates a significant portion of its revenue from U.S. government contracts, which could be instrumental in funding the new initiatives developed under this collaboration. Fedorov has earned a reputation as a tech-savvy defense leader, particularly for his support of Delta, Ukraine's advanced battlefield management...
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