Amazon expects its cloud unit to keep growing faster than 40% a year through 2028, even as costs from its satellite internet project hold back fourth-quarter profit.

STMicroelectronics (ST) reported third-quarter 2026 revenue of US$3.76 billion, above the midpoint of its guidance, as AI data center and low Earth orbit (LEO) satellite demand lifted communication equipment and computer peripheral sales by 64% year-over-year. Gross margin reached 37.3%, up 410 basis points from a year earlier, and non-US GAAP earnings per share came in at US$0.37. Free cash flow was US$351 million.

As the US Drone Dominance Program (DDP) expands procurement, orders exceeding 10,000 units will generate significant economies of scale across the drone supply chain. The program's third phase, scheduled to begin in early 2027 and dubbed the industry's "final boss," will raise both procurement volumes and technical requirements, creating an opening for Taiwan suppliers to secure positions in the edge AI supply chain.

Qisda President Cally Ko said future infrastructure supporting autonomous physical AI would evolve beyond simply providing connectivity and power to also deliver sensing, computing, and autonomous dispatching capabilities. She also disclosed that the company's commercial drones had already secured orders and entered production, while its quadruped robots were expected to be unveiled publicly in early 2027.

Virgin Galactic on October 28 moved its first Delta-class suborbital spacecraft, D1, from its assembly facility in Mesa, Arizona, to its operations base at Spaceport America in New Mexico. The transfer marks the next-generation fleet's shift from assembly to flight-test preparations, with commercial crewed flights targeted for early in the second quarter of 2027.

Taiwan's Kuen Tong Technology, a high-end precision metal components maker and major supplier to a US low-Earth orbit (LEO) satellite operator, is set to list on the Taipei Exchange's Emerging Stock Board on October 29 at a reference price of NT$390 (approx. US$12.03) per share. Riding rising satellite demand, the company plans to expand production capacity in Thailand from 2027 while developing AI server liquid cooling and semiconductor equipment businesses.

SpaceX's Starship super-heavy rocket completed its 14th test flight on September 28, successfully reaching Earth orbit and deploying 26 next-generation Starlink V3 satellites. A 15th test flight is expected within weeks.

Max Lo, founder of GEOSAT Aerospace & Technology, has launched AerosoarX to shift Taiwan's drone sector from standalone manufacturing toward international defense-system integration. The company is pursuing partnerships with democratic allies, supplying drones to the US and the Middle East, and preparing a Taiwan listing as it builds supply-chain resilience.

Japan is preparing to shift operations of its flagship H3 rocket from the state space agency to Mitsubishi Heavy Industries (MHI), a move aimed at cutting launch costs and making the country's main launcher a more credible rival to SpaceX in the commercial market.

A US federal judge has issued a preliminary injunction ordering the federal government not to deny Defense Department contracts to companies simply because they share lobbying firms with Alibaba Group Holding.

FarEasTone Telecommunications signed a cooperation agreement with Direct-to-Device (D2D) satellite communications provider Elveo Mobile on October 27 to expand satellite-to-phone services in Taiwan. The partnership will integrate D2D capabilities with FarEasTone's existing terrestrial mobile network, supporting broader coverage, stronger communications resilience, and a future integrated space-and-ground network.