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Ukrainian Business Man to Sell Stake in US Aerospace Company After CFIUS Probe

Ukrainian businessman Max Polyakov said he will sell his stake in Texas-based Firefly Aerospace to satisfy the Committee on Foreign Investment in the U.S.’a national security concerns. CFIUS had asked Polyakov to divest his share over concerns that he could…

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transfer valuable U.S. technology from Firefly to Ukraine or Russia (see 2201030057). Polyakov will sell his stake for $1, he said in a Feb. 16 Facebook post. “Dear CFIUS, Air Force and 23 agencies of USA who betrayed me and judge me in all your actions for past 15 months,” he said. “I hope now you are happy. History will judge all of you guys.” Firefly didn’t respond to a request for comment. A spokesperson for the Treasury Department, which chairs CFIUS, declined to comment.