Government reports have said China steals up to $600 billion in US IP every year
The U.S. cracked down on three American firms for exporting military defense and other technology to China on Thursday.
The U.S. Commerce Department says the three companies, Quicksilver Manufacturing Inc, Rapid Cut LLC and U.S. Prototype Inc., received blueprints for satellite, rocket and defense prototypes from U.S. companies, but then sent those blueprints to Chinese companies for 3-D printing, Reuters reported Thursday.
"Outsourcing 3-D printing of space and defense prototypes to China harms U.S. national security," Assistant Secretary of Commerce for Export Enforcement Matthew Axelrod said in a statement.
The U.S. government has suspended the three companies' export privileges for 180 days.
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The U.S. cracked down on three American firms for exporting military defense and other technology to China on Thursday.
The U.S. Commerce Department says the three companies, Quicksilver Manufacturing Inc, Rapid Cut LLC and U.S. Prototype Inc., received blueprints for satellite, rocket and defense prototypes from U.S. companies, but then sent those blueprints to Chinese companies for 3-D printing, Reuters reported Thursday.
"Outsourcing 3-D printing of space and defense prototypes to China harms U.S. national security," Assistant Secretary of Commerce for Export Enforcement Matthew Axelrod said in a statement.
The U.S. government has suspended the three companies' export privileges for 180 days.
US cracks down on three American firms sending defense tech to China
The U.S. suspended export privileges for three U.S. firms that exported blueprints of defense, satellite and rocket technology to Chinese companies on Thursday.
