logo
Taiwan seals deal for Ukraine combat-tested drone software to counter Beijing

Taiwan seals deal for Ukraine combat-tested drone software to counter Beijing

Read more about this: https://sc.mp/cd6a41
Taiwan has signed a partnership deal with US and Germany-based Auterion for drone software that has been tested on the battlefield in Ukraine. The technology was expected to be used to strengthen the self-ruled island's defences. According to information released about the deal signed on June 17, 2025, the Auterion software has been used in Ukrainian drones operating combat missions against Russian forces. The agreement could eventually lead to the technology being used in millions of drones deployed by Taiwan. The island is actively engaging both local and international defence innovators to showcase uncrewed surface vehicle (USV) technologies with potential military applications. As part of Taiwan's efforts, 12 companies – including seven from Taiwan and the others based in the US – are taking part in a two-day USV demonstration at Suao port in Taiwan's northeastern Yilan county. The government-backed National Chung-Shan Institute of Science and Technology, which organised the event, said data collected would be used to develop a standardised control system and modular platforms adaptable to missions, including patrol, search and rescue, environmental monitoring and logistics.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

In Air India crash aftermath, insurance premiums set to soar
In Air India crash aftermath, insurance premiums set to soar

South China Morning Post

time18 minutes ago

  • South China Morning Post

In Air India crash aftermath, insurance premiums set to soar

Indian insurance policy sellers expect the cost of coverage for airlines to spike as much as 30 per cent after the deadliest aviation crash in more than a decade. Sajja Praveen Chowdary, director at Indian broker Policybazaar, expects premiums for hull, war-risk and liability coverage to increase by 10 per cent to 30 per cent in the next renewal cycle. Rohit Boda, group managing director at broker Group, predicts a rise of 10 per cent to 25 per cent. Premium increases of that scale would be larger than previous crashes, given the enormity of the Air India accident, the brokers said. The crash killed 241 on board and dozens on the ground when it smashed into a residential area in the city of Ahmedabad on June 12 Rescuers work at the site the airport in Ahmedabad where Air India flight 171 crashed into residential area on June 12. Photo: AFP Insurance claims for the Air India crash are expected to be in the realm of US$475 million, including those for the aircraft's hull and engine as well as additional liability for loss of life. Air India's fleet is insured for about US$20 billion in total, with an annual premium near US$30 million, according to data from Policybazaar. 'A catastrophe of this scale will contribute to hardening of global rates,' said Chowdary, director at Policybazaar for Business. Globally, crashes accounted for the majority of the US$15 billion in aviation claims during the five-year period ended 2024, according to a report by Allianz SE. Growth in air travel, fuelled by Asia-Pacific and North America, was expected to drive premiums to more than US$8 billion, according to the report. 03:40 'I don't know how I'm alive': sole survivor found in Air India flight that killed 241 'I don't know how I'm alive': sole survivor found in Air India flight that killed 241 The insurance premium increase would be for all airlines, said people familiar with the matter, who asked not to be identified discussing private matters. They added that the impact would be redistributed to airlines across the globe.

Sanhua shares fall in Hong Kong debut, first drop in 2025's club of billion-dollar IPOs
Sanhua shares fall in Hong Kong debut, first drop in 2025's club of billion-dollar IPOs

South China Morning Post

timean hour ago

  • South China Morning Post

Sanhua shares fall in Hong Kong debut, first drop in 2025's club of billion-dollar IPOs

Chinese heating systems supplier Zhejiang Sanhua Intelligent Controls had a tepid trading debut in Hong Kong on Monday, with investors selling shares following the initial public offering (IPO) frenzy. Trading under the code 2050, the stock began trading at HK$20.95 amid a declining market, 7.2 per cent lower than its offer price of HK$22.53, in an upsized offering that raised HK$9.3 billion (US$1.2 billion). Sanhua's lack-lustre debut was the first decline in the four billion-dollar stock listings in Hong Kong this year, where mainland-listed companies sold H shares in Hong Kong in the so-called A-to-H listing trend. Contemporary Amperex Technology, Jiangsu Hengrui Pharmaceuticals and Foshan Haitian Flavouring and Food gained 0.6, 16.4 and 25.2 per cent on debut, respectively. These deals helped make the Hong Kong stock exchange 2025's top IPO venue globally. Zhang Yabo, the chairman of Zhejiang Sanhua Intelligent Controls, speaking at the company's trading debut on the Hong Kong stock exchange on June 23, 2025. Photo: Aileen Chuang Investors have been showing strong interest in recent IPO bids. Sanhua was oversubscribed by around 747 and 23 times among retail and institutional investors, respectively, according to the allotment results published by the company on Friday.

Hong Kong aviation's revival perfectly timed for John Lee's report card
Hong Kong aviation's revival perfectly timed for John Lee's report card

South China Morning Post

timean hour ago

  • South China Morning Post

Hong Kong aviation's revival perfectly timed for John Lee's report card

Timing is everything in politics, and Chief Executive John Lee Ka-chiu has good timing on his side. Director of the Hong Kong and Macau Affairs Office Xia Baolong's fact-finding trip could not have come at a more perfect time for Lee because school is out and the report cards are rolling in. Advertisement The day before Beijing's point man for Hong Kong and Macau affairs arrived for his third fact-finding trip, the Switzerland-based International Institute for Management Development released its latest World Competitiveness Ranking . Hong Kong scored 99.2 out of 100, rising two spots to came in third in global competitiveness. The city made it into the top three for the first time since 2019 Meanwhile, Hong Kong's flag carrier Cathay Pacific returned to the top three of the Skytrax airline rankings, rising three places from last year. It also received awards for best in-flight entertainment and best economy class. Cathay came fifth in 2024 after another three-place rise. In April, meanwhile, Hong Kong International Airport came sixth in the Skytrax World Airport Awards, rising from 33rd place in 2023 and 11th last year. Fortunately for Lee, all these accolades came to Hong Kong under his watch. Xia can take them back to Beijing, using this rise in the rankings as evidence that the world's perception of the city is improving and the pendulum is swinging back in its favour despite the persistent challenges posed by geopolitical developments This shift is the result of more than work done by the government. Not only has Cathay Pacific made a remarkable recovery since the outbreak of the Covid-19 pandemic, the Cathay Group – which includes the budget airline HK Express – celebrated the milestone of reaching 100 passenger destinations around the globe this month. 10:38 The headwinds holding back Cathay Pacific's post-pandemic recovery The headwinds holding back Cathay Pacific's post-pandemic recovery It is easy to forget the Hong Kong government no longer has a stake in Cathay Pacific, one of the most compelling success stories in the city. That is in contrast to Qatar Airways and Singapore Airlines, the two competitors that finished ahead of it in this year's Skytrax rankings.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store