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

Source: cnbc November 14, 2026 · 04:00
Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home
Photo by Catalina Carvajal Arango · Pexels
From the publisher
Eric Trump-backed robot startup Foundation Future Industries has run low on cash and missed payroll, as CEO Sankaet Pathak faces scrutiny over a $4.6 million company loan.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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