Why does Meiyun Constellation Company dare not invest the present $65.438 billion?

In February last year, 65438+, Cloud Constellation Company also finalized an investment of 65438+ billion US dollars to help it deploy a secure data storage satellite in LEO. It is estimated that this investment will pay one-third of its satellite construction and launch costs. But this spring, the startup pulled out of the deal. One reason is the review by the Committee on Foreign Investment in the United States.

CEO Bick said that the money was hard to come by because it came from a China company. In an interview, he said that there are many reasons why this round of investment cannot be completed, but a very important reason is that the company wants to do business with the US government. He said that other strategic partners of the company also questioned the source of funds.

The China company that promised to invest in Cloud Constellation is HCH Group (formerly Hughes China Holdings Limited). HCH Group was originally a subsidiary of Hughes Network Systems, an American satellite communication company, and was split on 20 13. Bick said that as one of several federal departments with seats in the US Committee on Foreign Investment, the US Department of Commerce is worried about the investment of HCH Group. He said that Seattle LEO Satellite Company, as a satellite manufacturing partner of Yunconstellation Company, is also cautious about the funds of HCH Group.

The review by the Committee on Foreign Investment will lead to the postponement or cancellation of investment activities deemed to threaten the national security of the United States. Before the modernization of 20 18 Law on Risk Assessment of Foreign Investment, the Committee on Foreign Investment mainly focused on mergers and acquisitions and investments of foreign entities holding no less than 10% shares. According to the new law, if foreign investors will get certain rights, including the right to obtain information that has not been disclosed to the public and the right to enter the board of directors, the Foreign Investment Committee can review any foreign investment in key technology fields.