Taiwan will produce NT$20 billion (US$630 million) worth of drones this year, up from NT$5 billion in 2024, as it seeks to transform into a secure place for drone production, media report, (literally, “Non-Red supply chain” in reference to Communist China/authoritarian states). Taiwan firms are already working with Skydio, the biggest US drone firm, and Parrot (France), the world’s 2nd biggest drone firm. $Aerovironment(AVAV.US) $Kratos Defense & Security(KTOS.US) $Red Cat(RCAT.US) $AIRO(AIRO.US) $Ondas(ONDS.US) $AgEagle Aerial(UAVS.US) $ZenaTech(ZENA.US) $Northrop Grumman(NOC.US) $Lockheed Martin(LMT.US) $L3Harris Tech(LHX.US)
Source: Dan Nystedt