Us Prototype Inc News Today

In the past year, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), the U.S. Department of Commerce's Bureau of Industry and Security (BIS)...

Firms sent technical drawings blueprints from US customers to manufacturers in China to 3-D print defence prototypes.

U.S. sanctions three Wilmington, N.C., companies

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Washington alleges Chinese espionage is why the US edge is getting less as Beijing improves and intimidates America more.

The Commerce Department urged defense manufacturers that had contracted with the three firms to check their records and ensure that their intellectual property remained intact.

WASHINGTON (AP) — The Biden administration on Wednesday accused three U.S. companies of sending to China blueprints and technical drawings for satellite and rocket technology and other defense prototypes.

WASHINGTON, June 9 — The US Commerce Department on Wednesday suspended the export privileges of three US-based firms for 180 days for what it said was the illegal export of...

The firms are accused of sending files for satellites, rocket technology and other prototypes to China for 3D printing so they could save on costs.

According to the Bureau of Industry and Security, the companies exported technical drawings and blueprints to China — presumably to cut costs.