A post by @FirstSquawk on X.

Palantir alumni have launched a new venture aimed at mobilizing Europe’s fragmented defense sector, according to the Financial Times. The initiative targets “sleeping giants” among European defense firms, seeking to scale them through software, data integration, and private capital. The move comes as European governments raise military budgets, creating a large addressable market for defense technology. Details on funding size, backers, and specific target companies were not disclosed in the initial report. Watch for formal fundraising announcements and early partnerships with prime contractors as the venture builds out its platform.