Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
A California-based aerospace business that says it is neither a startup nor a private-equity firm has launched with $76.5 million in capital to deploy.
China has placed 11 U.S. drone companies on its unreliable-entity list and banned the export of dual-use technologies to another 16 American businesses.
Beijing has retaliated with new controls on critical mineral exports, targeting the American defense-industrial base as well as matching levies on U.S. imports.