Category Archives: Business News

Zenith AeroTech, VIRTEX Partner on Long-Endurance, Heavy-Lift, Tethered Drones

Zenith AeroTech, a developer of heavy-lift tethered aerial vehicles (TAVs), announced that it has formed a strategic partnership with VIRTEX Enterprises, an Austin-based electronics manufacturing service provider, to meet increasing customer demand for more TAVs in shorter time frames and for these platforms to be NDAA compliant. Continue reading →

US Treasury Identifies Eight Chinese Tech Firms as Part of The Chinese Military-Industrial Complex

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on December 16th. identified eight Chinese technology firms pursuant to Executive Order (E.O.) 13959, as amended by E.O. 14032. These eight entities actively support the biometric surveillance and tracking of ethnic and religious minorities in China, particularly the predominantly Muslim Uyghur minority in Xinjiang. Continue reading →