DJI Appeals Court Ruling
DJI, a Chinese tech firm and 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 caused financial and reputational harm, as it is branded as a national security threat.
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"
- Engages in commercial, manufacturing, production, or export activities
We're not a 'Chinese military company'
The DoD's determination of a Chinese military company results in the company being placed on the '1260H List', effectively blocking them from securing federal contracts and causing reputational damage.
Author's summary: DJI appeals court ruling over Chinese military company designation.
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