Dronemaker DJI buys into 3D printer manufacturer Elegoo — move seen as way to diversify away from drones amid worries of U.S. ban

DJI, a prominent drone manufacturer, has made an investment in 3D printer manufacturing by becoming a shareholder in Elegoo's parent company. This move is seen as a strategy to diversify DJI's business amid concerns of a potential U.S. ban on its drones due to security issues. DJI has faced challenges in the U.S., including being added to the Entity List and labeled as a "Chinese military company." By investing in 3D printing, DJI aims to expand its business beyond drones, especially as the deadline to prove its national security risk status approaches. Elegoo, known for producing affordable 3D printers, offers DJI an opportunity to tap into the growing 3D printing industry.