Taiwan-based aerospace engine fastener maker National Aerospace Fasteners Corporation (NAFCO) said order visibility has extended to as long as eight to nine years as Boeing accelerates aircraft deliveries and global aerospace supply chains remain under strain. To meet rising demand, the company is expanding production capacity in Malaysia.

Far EasTone Telecommunications held its 2026 shareholders meeting on May 20. They announced that it had achieved year-on-year growth in consolidated revenue and profit in 2025, while signing a cooperation agreement with Amazon Leo, Amazon's low-earth-orbit satellite network service, to introduce LEO connectivity to Taiwan, pending regulatory approvals. Executives said the company will focus on scaling group synergies, expanding service offerings, and amplifying AI benefits to sustain its growth trajectory in 2026.

U-leam said LEO satellites will remain its primary growth engine for the next few years, while quantum computing, medical devices, robotics, and drones will form the company's second wave of expansion. The firm reported full-year 2025 revenue of NT$5.88 billion (US$185.58 million), a 52% gross margin, operating profit of NT$233 million, and earnings per share of NT$4.69. It disclosed that about 90% of current revenue came from a single LEO satellite customer.

South Korea's leading defense contractor, LIG Defense & Aerospace, and the state-backed Agency for Defense Development are accelerating efforts to move quantum defense technologies from labs into operational deployment, as industry players argue that military and public-sector demand will be the key catalyst for commercialization before broader private-sector adoption takes hold.

The global satellite communications industry is accelerating the deployment of next-generation infrastructure, unlocking the commercial potential of low-Earth-orbit (LEO) networks, while speculation that SpaceX could bring forward its initial public offering is adding fresh momentum ahead of the anticipated debut of the Starship V3 launch system.

US defense leaders announced plans to place more military personnel and officials in Ukraine to study drone warfare and battlefield networking so lessons can be folded into US planning and budgets. Defense leadership said the effort aims to capture real-world experience under combat conditions and accelerate the adoption of drone, counter-drone and networking capabilities across the force.

Thunder Tiger Group, a Taiwanese defense and unmanned systems manufacturer, said it has signed a memorandum of understanding with US defense technology company Shield AI to integrate the American firm's Hivemind autonomous software into Thunder Tiger's unmanned platforms, beginning with its Sea Shark unmanned surface vessel.

In April 2024, the People's Liberation Army (PLA) executed one of the most significant overhauls of its military architecture in decades. The former Strategic Support Force was disbanded and reorganized into three distinct branches: the Military Aerospace Force, the Cyberspace Force, and the Information Support Force. Together with the existing Joint Logistics Support Force, these constitute a new four-branch support structure — one designed not merely to support terrestrial warfare, but to dominate the space domain itself.

Taiwan's legislature recently passed the final version of a special defense budget totaling NT$780 billion (approx. US$24.75 billion), but drone-related funding was not approved. The decision has drawn attention from Taiwan's domestic drone industry, with groups including the Taiwan Defense Industry Development Association (TW-DIDA) and Taiwan National Drone Industry Association (TNDIA) issuing statements calling for continued efforts to strengthen Taiwan's democratic supply chain.

The global satellite industry is entering what many executives and analysts describe as a historic turning point, as telecommunications operators increasingly integrate satellite connectivity into mainstream communications infrastructure and commercial services.

The emerging space arms race toward 2030 is no longer defined simply by the number of satellites nations can launch into orbit. Increasingly, it is being shaped by breakthroughs in advanced communications, artificial intelligence (AI), orbital logistics, and rapid launch systems, technologies that could redefine military power in space over the next decade.