Veytics Intelligence
2026-11-14 · CNBC

Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home

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Foundation Future Industries, a maker of military humanoid robots advised and backed by Eric Trump, failed to pay employees last month as its cash reserves dwindled, according to people with direct knowledge of the matter. Workers have yet to receive paychecks after San Francisco-based Foundation missed payroll on Oct. 30, said the people, who asked for anonymity to speak candidly about a private company. The situation has particularly angered some inside the startup because its CEO and co-founder, Sankaet Pathak, borrowed $4.6 million from the company last year to buy a luxury home, money that could have been used to pay workers, the people said. Public records show that an LLC that names Pathak as sole principal purchased a $4.

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