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Jun 17
SpaceX to acquire Cursor in US$60 billion stock deal after blockbuster IPO
SpaceX has agreed to acquire Anysphere, the San Francisco company behind AI coding agent Cursor, in an all-stock deal valuing the startup at US$60 billion, giving Elon Musk's newly public company a stronger foothold in enterprise AI tools and software development.
AbonMax Technology said on June 16 that drone revenue still accounts for only about 7% to 8% of its total sales, but the company expects more visible operating results by the end of 2026 as government procurement orders and overseas expansion begin to take effect.
Taiwan's 2026 GDP growth is on track to exceed 10% as AI demand powers the island's economy, Minister of Economic Affairs Ming-hsin Kung said, adding that this level of growth may be achieved given current trends. He pointed to stronger-than-expected exports from the AI supply chain and traditional industries such as machinery.

China has launched a probe into a Beidou high-precision smart monitoring project in Shandong, after reports of severe construction defects at the base sparked public concern over the quality of new infrastructure projects. The project, with a total investment of nearly CNY300 million (US$44.4 million), has drawn scrutiny after its base structures were described as "easy to tear apart by hand."

Ubiqconn Technology reported consolidated revenue of NT$121 million (approx. US$3.84 million) for May 2026, down 7% from the previous month but up 2% year-over-year, marking a return to monthly revenue growth. Cumulative consolidated revenue for the first five months of 2026 totaled NT$799 million.
Taiwan's drone industry is set for a major milestone in the second half of 2026, as the Industrial Technology Research Institute (ITRI) has secured qualification from the Association for Uncrewed Vehicle Systems International (AUVSI) to serve as a Green UAS certification body. The move is expected to accelerate certification for complete drones and components, helping local suppliers enter the US and global markets faster.
Lockheed Martin's Skunk Works and Divergent Technologies introduced the Replicator, a 3D-printed unmanned aircraft prototype with a roughly 2.7 meter wingspan, after moving the concept to first flight-ready hardware in under 12 months. The effort showcased a digital manufacturing workflow designed to accelerate design-to-production timelines and explore multi-mission applications for next-generation defense systems.
SpaceX's reported valuation crossing US$1 trillion has renewed global attention on low Earth orbit (LEO) satellites and the broader space economy. As Starlink continues to expand its lead, the head of China's Qianfan satellite system has publicly warned that China faces a narrowing window to secure orbital and frequency resources.

Taiwan's drone suppliers are seeking deeper ties with Western defense contractors and Ukraine's wartime drone industry, as export demand accelerates and buyers look for alternatives to China-dependent supply chains.

Jiin Ming Industry showcased its tactical fixed-wing drone platform and related technologies at a Taiwan drone alliance event on June 9, 2026, presenting a flight-ready multirotor called VIPER and a fixed-wing system named SABER as it pursues overseas expansion into the US, Japan, Europe, and Southeast Asia with alliance support. The event, organized by the Taiwan Excellence Drone International Business Opportunities Alliance and convened in Taichung, gathered domestic drone firms, supply chain partners, and representatives from industry, government, academia, and research to discuss export and supply-chain strategies.
T3EX Global Holdings reported consolidated revenue of NT$2.099 billion (approx. US$66.4 million) in May 2026, up 11.13% month-over-month and 10.70% year-over-year, driven by a rebound in high-tech logistics and cross-border transport, the firm announced. The company said cumulative consolidated revenue for January-May 2026 totaled NT$8.835 billion, a 3.73% decline from the same period a year earlier.

Taiwan's drone supply chain is notching fresh wins, with downstream players such as Thunder Tiger and Taiwan's Aerospace Industrial Development Corporation (AIDC) continuing to secure orders while upstream suppliers, especially chipmakers, are quietly expanding their deployments and market share. For military and commercial drones in particular, Taiwanese chip vendors are now working closely with local customers as well as customers in Europe and the US to integrate a range of on-board image-processing and AI recognition modules, plus applications such as flight control and ground control stations.