Foundation Future Industries wins $24M Pentagon contracts for humanoid robot soldiers, backed by Eric Trump and tested in Ukraine

TL;DR Foundation Future Industries, a San Francisco startup whose CEO previously ran a bankrupt fintech, has secured $24 million in Pentagon research contracts to test humanoid robots for breaching enemy positions. Two Phantom MK-1 units were sent to Ukraine in February for logistics and reconnaissance testing. The company’s chief strategy adviser is Eric Trump, prompting Senator Warren to call the contracts “corruption in plain sight.” Foundation is seeking $500 million at a $3 billion+ valuation, but its production targets of 50,000 units by 2027 from a base of 40 require a 250x scale-up on roughly $21 million in total funding….