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Ukraine's ousted pro-tech defense minister is launching a new company backed by Palantir's Alex Karp
Source: businessinsider.com
Geopolitics & WarTechnology & InnovationInfrastructure & DefensePrivate Markets & Venture
Mykhailo Fedorov is launching a defense-tech startup after being ousted this summer, with Palantir CEO Alex Karp as the company’s first lead investor. The announcement is a positive signal for defense-technology funding and investor validation, but without financial terms it’s unlikely to move markets immediately.
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