Hunterbrook says “American tech company’s networking gear is powering Russian battlefield communications in Ukraine. The company is Ubiquiti (UI), $UI, a $34 billion Wi-Fi giant whose founder became the youngest owner of an NBA Team in 2012.” Ubiquiti radio bridge antennae serve a critical communications need for the Russian military in Ukraine, including for drone operations, according to a Hunterbrook investigation. In a recently published report, Hunterbrook says it identified at least nine Russian military units accused of war crimes, or individuals associated with those units, that use Ubiquiti equipment in Ukraine, based on a review of Telegram posts and open-source materials. “Ubiquiti openly admits ‘we do not have any visibility’ over purchases from its distributors, but legal experts told Hunterbrook that’s not a viable defense,” it adds. Based on Hunterbrook Media’s reporting, Hunterbrook Capital is short Ubiquiti and long a basket of comparable securities at the time of publication.
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