By John-Paul Ford Rojas Updated: 16:51 EDT, 27 July 2024 A drone maker whose products track small boats in the English Channel is eyeing a possible London stock market flotation. Tekever boss Ricardo Mendes said as the company was growing well it would prepare for a float ‘in the next …
Read More »China drone maker DJI battles U.S. clampdown
Tech Latest by Nikkei Asia brings you the newest updates from Asia’s technology industry. In this episode, Jada Nagumo talks with U.S. correspondents Marrian Zhou and Yifan Yu, about Chinese tech company DJI, and how its drones have become a key tool for the U.S. police force despite Washington’s clampdown. …
Read More »Drone maker DJI facing U.S. FCC ban — the national security …
U.S. authorities have their sights set on China-based drone maker DJI, a company that has popularised drones for consumer and commercial markets globally. The U.S. Congress intends to ban it, as they have begun to see DJI as a national security threat. Once the bipartisan legislation passes and the firm …
Read More »Chinese drone maker DJI suspends business in Russia and Ukra…
Drone giant DJI Technology Co Ltd said it will temporarily suspend business in Russia and Ukraine, making it the first major Chinese company to halt sales to Russia since the country invaded neighbouring Ukraine in February. “DJI is internally reassessing compliance requirements in various jurisdictions,” the privately held company said …
Read More »US blocks investments in Chinese drone maker DJI
(MENAFN- IANS) San Francisco, Dec 17 (IANS) The US has slapped further sanctions on Chinese drone-maker DJI, prohibiting people in the US from purchasing or selling certain publicly-traded securities connected with the company, along with seven other Chinese firms. The US government said that these eight companies have supported efforts …
Read More »China quietly took control of Italian military drone maker, …
Soldiers of the People’s Liberation Army honor guard perform the flag-raising ceremony at Tiananmen Square on New Year’s Day on January 1, 2021 in Beijing, China. Visual China Group | Getty Images Two Chinese state firms took control of an Italian military drone maker more than three years ago via …
Read More »Drone maker ideaForge bets big on indigenisation for armed f…
When Indian and Chinese forces were engaged in Ladakh last year, the Indian Army realised it needed better vigilance. The army floated an order for a large number of unmanned aerial vehicles, popularly called drones. Last week, the army signed a $20-million contract with home-grown drone …
Read More »AK-47 maker Kalashnikov diversifies with Kamikaze drone desp…
MOSCOW — “Our weapons are always in great demand,” an employee of Russia’s famed Kalashnikov arms producer boasted during a recent presentation of its newest AK assault rifles at the company’s firing range near Moscow. State media journalists jostled for position to handle the guns while a sign nearby cautioned: …
Read More »Chinese drone maker denies hacking accusation, invests more …
Chinese drone maker DJI submitted a letter to the US Senate on Monday, denying “incorrect” speculation about the company’s data security practices. DJI drones “do not share flight logs, photos or videos” and “do not automatically send flight data to China or anywhere else,” according to the letter. The …
Read More »Chinese drone maker DJI expects US$150mil loss due to corrup…
SHANGHAI: The world’s largest maker of consumer drones, China’s SZ DJI Technology Co Ltd, expects losses of more than 1bil yuan (RM607.75mil) for 2018 due to internal corruption, the state-run China Securities Journal said on Jan 18. The newspaper cited an internal company report on corruption, which said that more …
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