Global investment in the space industry climbed to US$12.4 billion in 2025, surpassing the previous peak of US$10.9 billion set in 2021, according to industry estimates. Seeking to capture a greater share of that growth, Taiwan's national space agency has announced the creation of the island's first space-focused startup accelerator, aimed at lowering barriers to entry and strengthening its position in the global supply chain.
The global space economy is entering a period of rapid expansion, with global space tech private investment reaching a record US$12.4 billion in 2025. Against this backdrop, Taiwan's National Space Organization (TASA) has launched the country's first space accelerator, "TASA iSPARK." Drawing from international ecosystems such as NASA SBIR Ignite and ESA BIC, the initiative aims to help Taiwanese companies leverage their existing supply chain strengths and translate them into space-qualified performance, enabling entry into the global space supply chain.
From self-driving cars and humanoid robots to the architecture of future energy systems, Elon Musk is simultaneously advancing an energy strategy that spans both Earth and orbit.
SpaceX has filed an application with the Federal Communications Commission seeking approval to deploy as many as one million satellites, outlining an ambitious plan to build what it calls an "orbital data center system." The network, designed to operate entirely in space, would process large-scale artificial intelligence workloads in orbit, effectively functioning as a vast, distributed supercomputer circling the Earth.
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.
Boeing, one of the world's two largest aircraft manufacturers, recently posted stronger-than-expected earnings and signaled further increases in aircraft deliveries, injecting fresh momentum into the global aerospace supply chain. Riding that wave, National Aerospace Fasteners Corporation (Nafco), a Tier-1 supplier of engine fasteners to Boeing, is accelerating its capacity expansion. The company has broken ground on the second phase of its Malaysia facility, scheduled for completion in the fourth quarter of 2027—underscoring a striking reality, executives say: the biggest challenge is no longer demand, but production capacity.
