Taiwan has established an R&D initiative akin to the US Department of Defense's Defense Innovation Unit (DIU). This initiative serves as the matchmaker between the military procurement office and the private sector, such as research institutions and startups supplying innovative technologies.

Observing the Chinese military's rapid pace of modernization and the war in Ukraine, where drones and satellites have shown their tactical values, Taiwan is gradually waking up to the reality of modern warfare and has stepped up its modernization pace. For the first time since 2022, Taiwan's defense ministry turned to domestic suppliers in the private sector to build commercial-grade military drones as well as anti-drone systems.

The Goddard Space Flight Center of the National Aeronautics and Space Administration (NASA) has introduced Augmented Reality (AR) technology into the spacecraft assembly process for the first time. This innovative approach is set to significantly enhance the assembly efficiency of the Roman Space Telescope, setting a new standard for precision and efficiency in space technology development.

Europe's next-generation heavy-lift rocket, Ariane 6, is scheduled to launch from French Guiana on July 11, carrying satellites and experimental equipment.

During his inauguration speech on May 20, 2024, President William Lai announced the development of "Five Trusted Industry Sectors": semiconductors, AI, military, security and surveillance, and next-generation communications.

With Boeing's current struggles and no clear turnaround in sight, Taiwan's aerospace supply chain is increasingly looking to "domestic defense autonomy" as the primary driver for market growth. Taiwan's aerospace supply chain representatives recently revealed that the aerospace industry's challenges are having a cascading effect on the machine tool sector, as aerospace suppliers purchase machine tools for manufacturing and processing.

Min Chun Precision, traditionally an aerospace stalwart, is now setting its sights on the lucrative space industry. The company has been making significant strides in ground station platforms, securing orders from international satellite operators and even drawing interest from SpaceX.

Taiwan's small and medium-sized enterprises (SMEs) in aerospace manufacturing face a unique challenge: the high cost of obtaining necessary certifications.

VIGO Photonics, a Polish company specializing in mid-wave infrared (MWIR) and long-wave infrared (LWIR) detectors and modules, is becoming increasingly central to European efforts to gain greater autonomy on key semiconductor technologies, especially when the photonics sector sees growing aerospace and defense applications in sensing, optical communication, and laser-based weapons.

Unitech Printed Circuit Board has expressed optimism about the demand for Low-Earth Orbit (LEO) satellites. Revenue generated from the sector will significantly surpass the previous year's level in 2024, according to company VP Kanty Wu.

As AI demand surges, data centers are consuming critical levels of energy, raising concerns about an impending energy and environmental crisis.