United States Blacklists DJI as a ‘Chinese Military Company’
DJI has been officially blacklisted by the United States Department of Defense by classifying it as a "Chinese military company."
DJI has been officially blacklisted by the United States Department of Defense by classifying it as a "Chinese military company."
The United States will add eight more Chinese companies to its Investment Blacklist, including DJI. Also known as the U.S. Treasury's "Chinese military-industrial complex companies" blacklist, it would prevent any U.S. investment in a company on the list.
FCC Commissioner Brendan Carr has called for the addition of DJI drones to the FCC Covered List, which could prevent the company from selling its products in the United States.
DJI has found itself on a list of companies that the United States Department of Commerce has blocked from being able to conduct business with U.S.-based companies. American companies cannot export parts to DJI, and it's possible that U.S. consumers will find it harder to purchase DJI products.
China's Chang'e 5 probe landed on the surface of the moon on December 1, 2020. Less than a day later, it has sent back a short video of its descent along with an extremely high-resolution panoramic image of the surface of the moon.
GoPro's brand may be widely recognized, but its business has been struggling mightily as of late. But there's now some news that may offer a glimmer of hope for investors: GoPro may soon become a Chinese-owned company.