Taiwan Drone Industry Hits Funding Roadblock

After months of steady progress, Taiwan’s UAV sector has hit a roadblock as some funding for a key production hub has been frozen.

Credit: Freepik
Taiwan’s nascent drone sector has encountered a setback, as 30% of the funds for a key production hub have been frozen by the island nation’s parliament. While the administration of Taiwanese President Lai Ching-te has allocated NT$76 million ($2.4 million) for the development of a UAV industrial...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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