Satellite communications company Microelectronics Technology Inc. (MTI) reported negative net worth of NT$244 million (US$7.42 million), a 109% debt ratio, and a 65% current ratio for the third quarter of 2026, as 5G open radio access network (Open RAN) and low Earth orbit (LEO) satellite businesses failed to develop as expected. With approval from the Taiwan Stock Exchange (TWSE), MTI suspended stock trading on November 9 and is pursuing a private placement to raise capital and improve its financial structure.

Ubiqconn Technology reported consolidated revenue of NT$255 million (US$7.78 million) for October, up 79% month on month and 131% year on year and the highest monthly figure so far in 2026, as easing supplies of key components allowed it to ship previously accumulated and deferred products and new satellite communications projects added sales, the company said.

As the global satellite industry shifts toward standardization and high-volume production, demand is accelerating for satellite subsystems, communications hardware, and onboard computing systems. Leveraging its strengths in advanced semiconductor fabrication, electronic hardware, and high-precision manufacturing, Taiwan has emerged as an indispensable supply-chain partner for international space companies.

A future communications network capable of detecting certain forms of eavesdropping may depend on something remarkably small: a semiconductor device designed to emit individual particles of light.

On November 7, local US time, Elon Musk appeared remotely at the 33rd Baron Investment Conference in New York. During an hour-long conversation with Baron Capital founder Ron Baron, Musk repeatedly framed space-based computing power as a strategic asset.

Foxconn showcased its second-generation PEARL-1A and PEARL-1B low Earth orbit (LEO) satellites at TASTI 2026, highlighting its shift from single-satellite validation to coordinated two-satellite communications. The company also exhibited satellite communications modules, phased-array antennas, user terminals, and key cabling.

SpaceX CEO Elon Musk said the company's annual recurring revenue (ARR) will likely exceed US$500 billion in December 2027, and that a US$1 trillion run rate is no longer out of the question. However, he put the odds of the higher figure at about 2%. Musk made the remarks on November 6 during a virtual fireside chat with investor Ron Baron at the 33rd Annual Baron Investment Conference in New York, according to a clip posted by Sawyer Merritt on X and a transcript published by Tesla North.

California startup Reflect Orbital plans to reflect sunlight from space onto designated areas of Earth at night, targeting solar power, nighttime search-and-rescue and lighting markets through a "Sunlight as a Service" model. The company aims to deploy up to 50,000 large mirror satellites by 2035, but its first demonstration satellite and recent ground tests have raised concerns over potential light pollution.

SpaceX, which only entered the AI infrastructure business this year through its merger with xAI, may now be the fastest data center builder in the world, according to research firm SemiAnalysis. The firm argues this pace will make the rocket company the world's biggest AI cloud.

Taiwan's Syncmold Enterprise grew its third-quarter 2026 revenue even as global PC shipments slumped 20.1%, with its expanding low Earth orbit (LEO) satellite business offering key support and emerging as the precision component maker's mid- to long-term growth engine.

Google's Project Suncatcher has crossed an important threshold in orbital computing after its prototype satellite successfully returned an AI response generated onboard using the Gemma 4 model, marking what the company calls the first successful inference from a data center-class tensor processing unit (TPU) in orbit.

UK low-cost airline EasyJet has agreed with SpaceX to install Starlink satellite internet on its A320, A320neo, and A321neo fleets starting in the first half of 2027, with the rollout expected to be completed by early 2028. The service will allow passengers to stream video, work in the cloud, play online games, and access information during flights.

Millimeter-wave (mmWave) technology was previously used mainly in military and aerospace applications, where costs were extremely high. Now, as high-frequency communications and non-terrestrial network (NTN) technologies gain momentum, new opportunities are opening up across the communications industry.

Eutelsat said that it predicts at least EUR10 billion (US$11.2 billion) in revenue from 2032 to 2040 as it leads the EU's low Earth orbit (LEO) network initiative IRIS2. The European satellite player is viewed by the EU to be a homegrown alternative to SpaceX's Starlink satellite service and a key to reducing technological reliance on the US.

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.

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.

Elon Musk recently confirmed the possibility of a merger between SpaceX and Tesla, signaling an ambition to redefine competition in the AI era beyond individual products and technological advantages toward integration across the entire industrial value chain, encompassing semiconductors, energy, computing, communications, and autonomous systems.

The US Federal Communications Commission (FCC) has approved Amazon Leo’s approximately US$11.57 billion acquisition of Globalstar, giving Amazon access to about 25 MHz of mobile satellite service (MSS) spectrum, roughly 24 satellites and related infrastructure to support its push into the direct-to-device (D2D) market.

Global satellite service revenue is projected to grow 44% over the next decade, reaching US$145 billion by 2035, according to the 33rd edition of Novaspace's Satellite Connectivity and Video Market report, released in October 2026.

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.

Since Elon Musk publicly confirmed that Tesla and SpaceX are evaluating a potential merger, the prospect has stirred widespread speculation over what could become the largest corporate transaction in history—and whether combining two of Musk's biggest technology platforms would actually create value beyond the sprawling ecosystem they already share.

SpaceX has firmly established itself in direct-to-device connectivity through Starlink's expanding satellite constellation. But the space giant is now pushing beyond orbital coverage as it seeks an equally consequential position in terrestrial mobile infrastructure.