New Export Controls on Semiconductor and Gas Turbine Engine Technologies Expand CFIUS Mandatory Notification Requirements

August 29, 2022

The U.S. Department of Commerce, Bureau of Industry and Security recently published an interim final rule imposing export controls on additional technologies that satisfy the criteria pertaining to emerging and foundational technologies under the Export Control Reform Act of 2018. 

The new export controls, which were identified during the December 2021 plenary meeting of the multilateral Wassenaar Arrangement, apply to:  (i) two substrates of ultra-wide bandgap semiconductors (Gallium Oxide and diamond); (ii) Electronic Computer Aided Design software specially designed for the development of integrated circuits with any Gate-All-Around Field-Effect Transistor structure; and (iii) pressure gain combustion technology for the production and development of gas turbine engine components or systems.

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