Washington, D.C. – Today, Michael Steed – Founder and Managing Partner of Paladin Capital Group, the multi-stage, dual-use investor specializing in cyber, AI, defense tech, and advanced technologies – issued the following statement applauding the nomination of Sean Cairncross to the position of U.S. National Cyber Director:

“Congratulations to Sean Cairncross for his nomination to serve as the U.S. National Cyber Director. We must do more to retain America’s leadership in the transformative technologies, like AI, that will determine winners and losers in the 21st century. Likewise, our society’s increasing reliance on digital infrastructure requires us to do more to defend against cyber attacks and ensure emerging technologies are secure. The threat to our nation and its people from adversaries such as China, Russia, Iran, and North Korea in the cyber domain has never been more pronounced, as evidenced by the recent Volt Typhoon and Salt Typhoon exploitations. The leadership of the National Cyber Director has seldom been more critical, and Sean has the skills and relationships that will allow him to excel in this office. Paladin Capital Group looks forward to continuing our important work with the Office of the National Cyber Director and other key national security and cyber leaders in the White House and across the government and industry to help ensure that AI remains a critical contributor to America’s productivity while ensuring our nation’s cyber infrastructure is resilient against attacks in an era of rising cyber threats.”

About Paladin Capital Group

Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage, dual-use investor, Paladin’s core strength is identifying, supporting, and investing in innovative companies that develop promising, early-stage technologies to address the critical cyber, defense and advanced technology needs of both commercial and government customers.

Combining proven investment experience with deep expertise in global security, cyber technology, and cutting-edge research, Paladin has invested in more than 80 companies since 2008 and has been a trusted partner to investors, entrepreneurs, and governments for over two decades.

For more on Paladin Capital Group, follow us on Twitter at @Paladincap and on LinkedIn or visit us at www.paladincapgroup.com.