Story perspectives

Foundation Industries lands $24M Pentagon contract, humanoid robot tested

4/23/2026

Summary

Story summary

Foundation Industries secured a $24 million Pentagon SBIR Phase 3 contract, becoming an approved U.S. military supplier.
Eric Trump, son of President Donald Trump, and CEO Sankaet Pathak discussed the deal on Fox Business.
Foundation Industries’ Phantom 2 humanoid robot is being tested in factories and dockyards in the United States and abroad for industrial and defence use.
Time reported the company already holds $24 million in research contracts with multiple U.S. military branches.

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Story summary

Foundation Industries secured a $24 million Pentagon SBIR Phase 3 contract, becoming an approved U.S. military supplier.
Eric Trump, son of President Donald Trump, and CEO Sankaet Pathak discussed the deal on Fox Business.
Foundation Industries’ Phantom 2 humanoid robot is being tested in factories and dockyards in the United States and abroad for industrial and defence use.
Time reported the company already holds $24 million in research contracts with multiple U.S. military branches.