Chinese lidar maker with Nvidia ties accused of being cyber risk for U.S.

Hesai Technology was blacklisted by the U.S. Department of Defense in 2024, designated as a Chinese military entity and treated as a national security threat. The move increases compliance and export/sales risks for Hesai’s U.S. operations and could pressure the company’s revenue outlook. Expect heightened sector-wide risk sensitivity around China-linked tech and defense-adjacent supply chains.

Analysis

Hesai Technology was blacklisted by the U.S. Department of Defense in 2024, designated as a Chinese military entity and treated as a national security threat. The move increases compliance and export/sales risks for Hesai’s U.S. operations and could pressure the company’s revenue outlook. Expect heightened sector-wide risk sensitivity around China-linked tech and defense-adjacent supply chains.