Heads up that propublica doesn't mind intentionally deceiving readers; I don't trust them anymore. Just a few months ago I read this: https://www.propublica.org/article/taxpayers-paid-millions-t... - and my initial reaction was "bad, big company!" A little digging later; turns out the piece is deceptive to the point that I don't buy it's an accident. So hey; maybe they're telling the truth this time. But liar, liar,…
It simply claims that the company received public money years ago to design a low-cost ventilator that it never sold, and instead used that money to also design higher-cost ventilators that it actually started selling...without any inventory issues.
The company claims that the US tried to order the cheapo ventilators for COVID use too late, and they may be true, but that wasn't the point of the article.