regulatory
confidence high
sentiment negative
materiality 0.60
CPSC recalls BLU3 Nomad dive systems over drowning hazard; company begins repairs and restart manufacturing.
Brownie's Marine Group, Inc
- CPSC recall due to compressor head fracture causing restricted airflow; 21 reports of restricted airflow, no injuries.
- About 1,300 units in US and 20 in Canada sold Oct 2021-Nov 2022 for $1,900-$2,700.
- BLU3 will repair affected units at approved service centers; consumers should stop use and contact BLU3.
- Company received CPSC approval for remedy; will restart manufacturing with design changes and re-establish sales channels.