CFIUS Staff Chairperson
Executive orders directing the CFIUS Staff Chairperson · 2 in Trump 47 · 2 all terms.
Related departments
Orders
2 shown · Trump 47
Regarding the Acquisition of Certain Assets of EMCORE Corporation by HieFo Corporation
This presidential order, issued under section 721 of the Defense Production Act of 1950, prohibits and unwinds the April 30, 2024 acquisition of EMCORE Corporation's digital chip and wafer design, fabrication, and processing assets by HieFo Corporation, a Delaware-registered company controlled by a Chinese citizen. HieFo must divest all interests in these assets within 180 days, with immediate restrictions on access, transfers, and operations until CFIUS verifies completion.
Regarding the Acquisition of Jupiter Systems, LLC by Suirui International Co., Limited
This presidential order, issued under the Defense Production Act's CFIUS authority, prohibits the 2020 acquisition of Jupiter Systems by Chinese-owned Suirui International and mandates complete divestment within 120 days. The order requires destruction or transfer of intellectual property and source code, imposes strict access controls during the divestment period, and subjects the transaction to ongoing CFIUS oversight and verification.