DJI Appeals Court Ruling
Chinese tech firm DJI, the US market leader in ag spray drones, is appealing a court ruling that upholds the Department of Defense's characterization of the firm as a "Chinese military company".
According to DJI, the designation has resulted in financial and reputational harm, as it is branded as a national security threat.
As a result of the designation, which branded it as a national security threat, DJI has suffered financial and reputational harm
Definition of a Chinese Military Company
A Chinese military company is defined by the National Defense Authorization Act as one that is directly or indirectly owned, controlled, or otherwise linked to the Chinese Communist Party; contributes to China's "military-civil fusion industrial base," and engages "in commercial, manufacturing, production, or export activities."
Once the DoD determines that an entity meets this definition, it places the company on the 1260H List, a list of companies it alleges are linked to China's military-industrial complex.
Author's summary: DJI appeals court ruling over "Chinese military company" designation.