National Security Concerns - Republican House lawmakers expressed concerns to Alphabet, Meta, Amazon, and Microsoft regarding national security risks associated with submarine communication cables [1] - The primary concern revolves around the potential involvement of Chinese Communist Party (CCP) controlled entities in the building, maintenance, or servicing of these cables due to their history of potential nefarious activities, including surveillance and hacking [2][3] - FCC is implementing rules to prohibit CCP-controlled entities from building, maintaining, or servicing these lines [4] Geopolitical and Economic Implications - Huawei and SPSS, companies involved in building and maintaining undersea cables, are identified as potential risks due to their ties to CCP intelligence services [3] - The US has seemingly ceded ground to CCP-controlled entities in the telecommunications landscape, particularly in Africa, due to the lack of a competitive offering similar to the Belt and Road Initiative [6] - The US's failure to provide competitive alternatives has allowed CCP-controlled entities to dominate commercial spaces in Africa, the Middle East, and developing regions [6] Policy Recommendations - There is a call for policies that would make it economically feasible for American companies to compete in the building and maintenance of submarine cables [5] - The US needs to develop policies to counter the dominance of CCP-controlled entities in telecommunications, especially in regions like Africa [5][6]

Core Insights - Modine has appointed Alan Lowe to its Board of Directors effective July 18, 2025, bringing extensive experience in technology and manufacturing sectors [1][4] Company Overview - Modine is a diversified global leader in thermal management technology and solutions, with over 100 years of experience in addressing thermal management challenges for mission-critical applications [5] - The company operates globally with more than 11,000 employees and focuses on improving air quality, reducing energy and water consumption, and lowering harmful emissions [5] Executive Background - Alan Lowe previously served as President and CEO of Lumentum Holdings Inc. from July 2015 to February 2025, and held various senior roles at Viavi Solutions Inc. and Asyst Technologies, Inc. [2] - Since November 2024, he has also been a member of the Board of Directors of Qorvo, Inc., which specializes in radio frequency and power solutions [3] Board Contributions - Alan Lowe will serve on the Audit and Corporate Governance committees and will stand for election at Modine's 2026 annual meeting of shareholders [4]