Ukraine ex-defense minister launches defense tech firm with Palantir CEO as first investor
Ukraine’s former Defense Minister Mykhailo Fedorov announced on Tuesday the launch of a new defense technology company, with Palantir CEO Alex Karp as its first major investor. The venture aims to develop technologies to strengthen Ukraine and its allies, drawing on Fedorov’s experience with battlefield systems like Delta, Ukraine’s AI-driven command platform.
Karp, whose company has supplied software to Ukrainian agencies since Russia’s 2022 invasion, called the new firm “defining for the world” in a video posted to Fedorov’s Telegram channel. “You and your colleagues are launching a company that I think will be defining for the world, bringing your knowledge and acumen about the art of war as a product to allied countries,” Karp said. Fedorov, 35, left office in July after six months as defense minister and has since advised Italy’s Ministry of Defense while planning a defense investment fund and think tank.
In Estonia, Defense Minister Hanno Pevkur faced mounting calls to resign after the National Audit Office flagged financial mismanagement risks in the defense sector. Social Democrat Raimond Kaljulaid said Pevkur should step down voluntarily, citing repeated audit criticism, procurement confusion and a criminal investigation. “If Hanno were to ask my opinion today, I would advise him to very seriously consider resigning as defense minister at the earliest opportunity and on his own initiative,” Kaljulaid said. Social Democratic Party leader Lauri Läänemets and Isamaa’s Urmas Reinsalu also urged Pevkur’s departure, while Eesti 200’s Toomas Uibo said he saw no path for Pevkur to remain if media reports on procurement were accurate.
Meanwhile, BP appointed Ian Tyler as chair on Wednesday, formalizing his interim role after Albert Manifold’s dismissal in May. Tyler, a non-executive director since 2025, will lead the board as the company refocuses on oil and gas. Senior independent director Amanda Blanc will step down after the 2027 annual general meeting. “Ian brings significant experience providing challenge and support to executive teams,” Blanc said in a statement.
In the U.S., Army Secretary Dan Driscoll resigned this week, deepening leadership gaps at the Pentagon amid tensions with Defense Secretary Pete Hegseth. Driscoll, a close ally of Vice President JD Vance, had clashed with Hegseth over the dismissal of senior generals, according to U.S. media reports. His departure follows the May resignation of Army Chief of Staff Gen. Randy George, leaving both top civilian and military posts in the Army vacant. Driscoll had served 18 months in the role.
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