What Happened
Taiwan Accelerates Domestic Rocket Development And Satellite Industry
Taiwan is accelerating its space program, aiming to build a satellite industry and its first domestically developed orbital rocket by 2034. The Taiwan Space Agency plans to increase satellite launches, deploy a 10-satellite constellation by 2030, and establish the country’s first rocket launch site. The government has expanded its long-term space budget to support these goals, which follows the successful launch of Formosat-8A, a milestone that demonstrated Taiwan’s growing ability to design and build advanced satellites. This development was first reported by Nikkei Asia.