Taiwan's National Space Team is Ready to Take Flight
Low-orbit satellites have witnessed rapid development in recent years, prompting countries worldwide to invest in their deployment. Taiwan is also actively venturing into the space domain. The government has allocated an additional NT$40 billion to establish a "national space team" and aims to launch its first low-orbit satellite by 2026.

Low-orbit satellites hold considerable business potential due to their low cost, extensive coverage, and rapid transmission capabilities. According to estimates from the Industrial Research Institute, 17,000 low-orbit satellites will be launched globally by 2030, generating an output value of US$400 billion.Taiwan's low-orbit satellite industry primarily focuses on ground equipment and satellite services. Companies like Hon Hai, Jinrenbao, and Qisda are actively investing in satellite ground equipment and satellite services.
The emergence of low-orbit satellite business opportunities presents a significant development opportunity for Taiwan. The government should actively integrate the industrial chain, strengthen talent cultivation, and provide assistance to foster the development of Taiwan's space industry.

In conclusion, low-orbit satellites represent the future trajectory of the space industry, and Taiwan should actively deploy them to capitalize on business opportunities.