China a major investor in World View
It appears that one of the major financial backers of the Arizona-based high-altitude balloon company World View is a Chinese investment company with close ties to the Chinese Communist Party.
World View’s long-time investors include Tencent Holdings, a Chinese tech company that operates the WeChat messaging and social media service that is among the world’s largest. And like other tech companies in China, it has close working ties to the ruling Communist Party in Beijing. Tencent has sought to expand its relations with American tech firms, a move that has raised national security concerns that the Chinese government could be surreptitiously gathering information using American technology.
Hartman [World View CEO] said that isn’t happening, noting the Pentagon’s Defense Counterintelligence Security Agency examined the company last year to ensure its work was secure from foreign interference. The agency cleared World View to handle work for the military.
Tencent has “zero access, zero input and zero control,” Hartman said.
The article at the link is focused mostly on the Democratic candidate for the Senate in Arizona, Mark Kelly, and his ties to World View with its Chinese investor. To my mind the World View links are more important, as World View under Hartman has been selling its high altitude balloons as a way to do military surveillance and reconnaissance at less cost and with more flexibility than with satellites.
Getting investment capital from China means that, despite Hartman’s reassurances, China will likely get access to this technology, either to use in its own country, or maybe even use surreptitiously in the U.S., inside a World View balloon.
As much as I really would like to see World View succeed, as long as they rely on Chinese money they should be denied any military contracts. And Kelly’s involvement as a co-founder of the company, without raising this issue himself, does suggest his focus on protecting the U.S. from foreign influence and spying is quite weak. It does indicate that he can be brought, from the highest bidder, whoever that bidder might be.
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It appears that one of the major financial backers of the Arizona-based high-altitude balloon company World View is a Chinese investment company with close ties to the Chinese Communist Party.
World View’s long-time investors include Tencent Holdings, a Chinese tech company that operates the WeChat messaging and social media service that is among the world’s largest. And like other tech companies in China, it has close working ties to the ruling Communist Party in Beijing. Tencent has sought to expand its relations with American tech firms, a move that has raised national security concerns that the Chinese government could be surreptitiously gathering information using American technology.
Hartman [World View CEO] said that isn’t happening, noting the Pentagon’s Defense Counterintelligence Security Agency examined the company last year to ensure its work was secure from foreign interference. The agency cleared World View to handle work for the military.
Tencent has “zero access, zero input and zero control,” Hartman said.
The article at the link is focused mostly on the Democratic candidate for the Senate in Arizona, Mark Kelly, and his ties to World View with its Chinese investor. To my mind the World View links are more important, as World View under Hartman has been selling its high altitude balloons as a way to do military surveillance and reconnaissance at less cost and with more flexibility than with satellites.
Getting investment capital from China means that, despite Hartman’s reassurances, China will likely get access to this technology, either to use in its own country, or maybe even use surreptitiously in the U.S., inside a World View balloon.
As much as I really would like to see World View succeed, as long as they rely on Chinese money they should be denied any military contracts. And Kelly’s involvement as a co-founder of the company, without raising this issue himself, does suggest his focus on protecting the U.S. from foreign influence and spying is quite weak. It does indicate that he can be brought, from the highest bidder, whoever that bidder might be.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
This is 2 year old but extremely relevant 30 minute YouTube video of a speech that Dr. Peter Navarro, Director of the White House Office of Trade & Manufacturing Policy (OTMP), gave at the Hudson Institute on June 28, 2018. It summarizes a report the OTMP did on the ways China steals American technology and intellectual property. Sounds boring but Dr. Navarro is a fascinating speaker.
The 30 minute YouTube video of Dr. Navarro’s speech:
White House National Trade Council Director Peter Navarro on Chinese Economic Aggression
https://www.youtube.com/watch?v=eRnIse9v_jc
One page summary of OTMP report (the chart that Dr. Navarro uses in his speech):
China’s Categories of Economic Aggression
https://www.guerillastocktrading.com/wp-content/uploads/2018/07/china-categories-of-economic-aggression.pdf
Full report by the OTMP in PDF form:
How China’s Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World
https://www.whitehouse.gov/wp-content/uploads/2018/06/FINAL-China-Technology-Report-6.18.18-PDF.pdf
“It appears that one of the major financial backers of the Arizona-based high-altitude balloon company World View is a Chinese investment company with close ties to the Chinese Communist Party.”
Of course, it has close ties to the CCP, otherwise it wouldn’t exist. The idea of an independent organization in a totalitarian country is an oxymoron, they all are arms of the state despite what they may proclaim. And if its run by the CCP, it serves the PLA.
Col Beausabre-
Good stuff.