<p>Piesat announced that the Military Procurement Network issued a notice on November 5, 2025, stating that the Army Logistics Department's Procurement and Asset Management Bureau has decided to suspend Piesat Information Technology Co., Ltd.'s qualification to participate in the procurement activities of military material engineering services from July 6, 2024, to July 6, 2027</p>

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<p>Piesat announced that due to suspected violations in the procurement of portable drone series projects, the Military Procurement Network has decided to suspend its qualification for participating in the procurement of military material engineering services from July 6, 2024, to July 6, 2027. Other enterprises controlled or managed by the company's legal representative Wang Yuxiang are also prohibited from participating. Piesat will apply for a review and plans to expand its civilian and overseas business to mitigate the impact of the incident on business development</p>

Piesat: Suspended from military procurement qualifications for 3 years