PRESS RELEASE : President of Ukraine and Palantir CEO discussed cooperation in the defense and security sector

The press release issued by the President of Ukraine on 2 June 2022.

President of Ukraine Volodymyr Zelenskyy and Deputy Prime Minister – Minister of Digital Transformation Mykhailo Fedorov had a meeting with Palantir CEO Alex Karp.

The parties discussed issues of further cooperation in the field of defense and security, as well as digitization.

“Your visit to Ukraine is a positive signal that despite a full-scale war, Ukraine is open to business and ready for cooperation. We are delighted that Palantir is ready to invest in Ukraine and help us in the fight against Russia on the digital frontline,” the President said.

Volodymyr Zelenskyy noted that Alex Karp is the first CEO of large Western corporations to personally visit Kyiv since the start of the full-scale war.

For his part, the Minister of Digital Transformation of Ukraine spoke about measures to combat cyber threats from Russia.

“We are actively working not only on the digital blockade of the Russian Federation, but also to attract top international companies to Ukraine. This is one of our priorities today. Modern warfare has changed the rules, and technology plays a big role in it. Cooperation with Palantir is of great importance for us, as it will help us strengthen our army and defeat the enemy as soon as possible,” said Mykhailo Fedorov.

During the meeting, Alex Karp said that the company is ready to open an office in Ukraine and prepare joint developments with Ukrainian specialists. He also expressed support for Ukraine and admiration for the Ukrainian people.

Palantir is a company that develops software for data analysis. The main customers are investment banks, special services and hedge funds. In addition to Alex Karp, its founders include Peter Thiel, co-founder of PayPal and one of Facebook’s first investors.