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July 4, 2025 | BUSINESS WIREEstimated reading time: Less than a minute
AOS announced that it has reached a resolution with the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) to close its investigation of AOS’s export control practices. Under the settlement agreement, AOS agrees to make a one-time payment of $4.25 million to resolve the allegations. This resolution does not impact AOS’s ongoing business operations and brings to an end the U.S. government’s five-year-plus investigation, which resulted in no criminal charges. AOS is pleased to bring this matter to a close with only limited administrative export control charges.
Over the years, AOS has consistently demonstrated its commitment to complying with all applicable regulatory requirements, including export control regulations, and has significantly strengthened its procedures and policies to ensure ongoing compliance. AOS believes that the company’s core values and culture of compliance will continue to support its strategic efforts to grow the customer base and expand product offerings.
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