Palantir alumni launch plan to ‘wake sleeping giants’ of European defence

Former Palantir employees have launched Onodrim, a Dutch start-up that's raised $300 million at a $1.3 billion valuation, aiming to bolster Europe's defense production capacity by acquiring and scaling smaller firms. This initiative seeks to address the continent's lagging defense capabilities and reliance on U.S. and NATO support. The move underscores a broader trend of European nations looking to strengthen their own military technologies and production, reflecting a strategic shift towards greater self-reliance in defense.