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Sun Yad Group operates across construction, biotechnology, materials, healthcare and drones in a diversified conglomerate worth NT$17 billion (US$583 million). Chairman Yu-ming Chang transformed the company from a traditional synthetic leather producer into Taiwan's multi-industry player through strategic acquisitions and vertical integration.

As global demand for unmanned aerial systems accelerates, Taiwan is positioning itself as a potential cornerstone in the Pentagon's Replicator initiative—a program launched in 2023 to deploy thousands of small, low-cost, and reusable drones by 2025.

Taiwanese aerospace manufacturer Aerospace Industrial Development Corporation (AIDC) announced on Monday that it secured new international contracts in the second quarter worth NT$2.5 billion (approx. US$85 million), with revenues expected to begin contributing as early as 2025. This follows a strong first quarter in which the company booked NT$8.5 billion in new orders and reported additional wins at the Paris Air Show. In total, AIDC's commercial aircraft and engine orders have surpassed NT$10 billion for the first half of the year.

Mitsubishi Heavy Industries (MHI) is advancing the development of a multirotor drone designed to carry a maximum payload of 200 kilograms and achieve a flight range of 200 kilometers. While this payload capacity remains below that of a typical light-duty truck, which averages around 350 kilograms, the prototype already surpasses industry norms, where multirotor drones commonly carry only a few to several dozen kilograms.
Thunder Tiger Technology posted record monthly revenue in June 2024 as the Taiwanese manufacturer capitalized on Western military buyers seeking alternatives to Chinese-made unmanned vehicles.
The US Army Combat Capabilities Development Command's Armaments Center is creating standardized lethal unmanned aerial systems to cut procurement costs and eliminate vendor dependence for future military operations.
The test launch of the VP01 suborbital rocket by private Taiwanese rocket manufacturer and launch service provider Taiwan Innovative Space (TiSPACE) scheduled for July 6, 2025, at the Hokkaido Spaceport (HOSPO) has been postponed until July 12, 2025, due to the impact of Typhoon Mun.
Neros Technologies, a drone startup founded in 2023, has transformed battlefield insights from Ukraine into a strategic advantage for securing US military contracts, positioning itself as a key supplier for the Pentagon's future low-cost drone arsenal.
Taiwan is intensifying its focus on unmanned warfare capabilities, shifting increasing attention from aerial drones to unmanned surface vessels (USVs). Established shipbuilding companies are applying their traditional skills to this emerging field, while a new wave of entrants—comprising drone manufacturers and software-driven startups—are beginning to transform maritime combat.

As global aerospace demand strengthens, Taiwanese manufacturers are expanding beyond traditional electronics and into high-value aviation components. Jinpao and Nafco, two leading industrial players, are securing major contracts with global aerospace leaders as part of a broader strategy to diversify revenue streams and enhance long-term growth stability.

Taiwan's defense companies face funding volatility and bureaucratic delays that undermine business confidence despite government pledges to boost military spending in response to regional tensions.