The Chinese thermal-imaging maker had just opened its Texas headquarters in December 2023 when the US Treasury added it to the Specially Designated Nationals list for supplying Russian military optics. The designation instantly severed InfiRay from all US transactions and exposed downstream suppliers to secondary sanctions, revealing how quickly geopolitical supply-chain risk can erase a market-entry strategy.
Source: InfiRay — Wikipedia · Wikipedia · May 1, 2024