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Feb 5
Jiin Ming expands into energy storage EPC services and drones, targets ISR defense market
Jiin Ming Industry is transitioning from conventional metal stamping into drones and engineering, procurement, and construction (EPC) services for energy storage projects, with an eye on increased opportunities in the drone sector amid surging defense-related demand after the outbreak of the Russia–Ukraine War. The company has launched two major drone platforms to build an intelligence, surveillance, and reconnaissance (ISR) ecosystem, aiming in 2026 to compete for Ministry of National Defense drone contracts valued at approximately NT$2–4 billion (US$63–127 million).

Singapore announced that it will establish a National Space Agency of Singapore (NSAS) on April 1, a move aimed at positioning the city-state to capitalize on opportunities in the rapidly expanding global space economy and to strengthen its domestic space capabilities.

Ventec, a specialized manufacturer of copper-clad laminates (CCL), reported that consolidated revenue for January 2026 surpassed NT$400 million (approx. US$12 million), marking its highest monthly total in more than two years. The growth was largely driven by robust demand for high-margin aerospace polyimide (PI) materials, with shipments setting new records and signaling a potential gradual rise in global market share.

Radbon Electronics said it continues to deepen its presence in the aerospace and defense markets, benefiting from robust demand from overseas customers that drove double-digit revenue growth in January 2026. While the first half of the year is traditionally a seasonal lull for the industry, the company said its success in expanding internationally has made overseas orders a key pillar supporting future operations.
SpaceX's acquisition of xAI has been presented as a response to the growing power and cooling demands of artificial intelligence. At the same time, the transaction reshapes Elon Musk's group of companies by combining launch services, satellite networks, data platforms, and AI development, with potential implications for how investors evaluate SpaceX's long-term prospects.
Blue Origin recently unveiled plans to deploy its TeraWave satellite constellation starting in the fourth quarter of 2027, signaling a strategic push into space communications beyond traditional launch services. According to DIGITIMES Research, TeraWave's core objective is not to compete in consumer broadband but to establish a space-based optical backhaul network, using satellites to handle high-capacity data transmission across regions and continents.
Taiwan's National Chung-Shan Institute of Science and Technology (NCSIST) has partnered with US-based B&P Littleford to forge a new chapter in Taiwan-US defense industry cooperation. The partnership will introduce advanced equipment and mature technologies, having successfully completed a capacity expansion plan for a 300-gallon pharmaceutical mixing facility and plant infrastructure after nearly four years of work.
SpaceX is in discussions to merge with other companies controlled by Elon Musk, including artificial intelligence startup xAI, as the rocket manufacturer prepares for a potential initial public offering later this year, Reuters reported.
Following its official proposal to "take computing power to space," China has unveiled a more concrete roadmap for future aerospace development as part of its 15th five-year plan.
Boeing's latest earnings report points to a more positive operating outlook for 2026, driven largely by improving aircraft deliveries and production progress. For the global aerospace industry, demand is no longer the primary concern—supply is. Boeing's renewed urgency to raise output is being welcomed across its supply chain, including aerospace manufacturers in Taiwan.
Tron Future Tech, Taiwan's premier provider of anti-drone technologies, is set to showcase its latest leap in defense innovation at the Singapore Airshow 2026, held from February 3–8.
While Tesla's core electric-vehicle business is undergoing a structural recalibration, its longer-term bets—autonomous driving, artificial intelligence, and humanoid robots—remain firmly in the investment and incubation phase. The clearest source of momentum, however, came from an area that has drawn far less public attention: energy generation and storage. That business posted revenue growth of roughly 25% year over year, emerging as one of the report's brightest spots.