S1E6: Taiwan's supply chain facilitates the growth of space industry

S1E6: Taiwan's supply chain facilitates the growth of space industry

Author: Meet Global @Business Next Media November 18, 2022 Duration: 18:19

With the advent of the global space age, countries are competing with each other for a foothold in outer space. What role does Taiwan play in this space competition?

Among the 105 low earth orbit satellites launched by Space X in January 2022, one of them is a " spherical-motor-based " microsatellite developed by Taiwanese space startup Tensor Technology. The 22-year-old founder of Tensor Technology, Thomas Yen and his entrepreneurial partners have built the world's one and only spherical motor for commercial use. Through their satellite attitude control system, it saves 2/3 of the space and volume of the satellite, and nearly save one hundred thousand dollars cost in one launch.

Yen also mentions that the advantages of developing the space industry in Taiwan are that the electronics industry is well-founded, the OEM supply chain is complete and intensive, and components can be produced quickly. For example, after a product is designed in Taipei, it can be produced in the Hsinchu Science Industrial Park. The two places are close to each other so that they can often communicate and coordinate with manufacturers in person to ensure the quality of product.

Outline :
🚀What is Tensor’s main mission and idea?
🚀What kind of product does Tensor provide?
🚀Why satellite minimization matters?
🚀What are the advantages of Taiwan’s supply chain?
🚀The future of space industry

Host: Uly Su, Entrepreneur In Residence @Business Next Media Corp.
Guest: Thomas Yen, Founder of Tensor Tech
 
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📪 Email us: global@bnext.com.tw
 
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There's a vibrant, often overlooked ecosystem of innovation humming away on an island in the Pacific. Startup Island TAIWAN Podcast pulls back the curtain on this world, offering a direct line to the founders, investors, and technologists shaping Taiwan's future. Each episode moves beyond headlines to explore the real stories behind the region's rise in cutting-edge fields like semiconductors, AI, and biotech. You'll hear candid conversations about the journey from garage to global scale, including the pursuit of that elusive unicorn status, and how these companies are building crucial bridges to markets across Asia and the world. Produced by Meet Global at Business Next Media, this series serves as an essential audio companion for anyone curious about the business and technology landscapes being redrawn today. It’s not just about what’s being built, but about the people building it and the unique position Taiwan holds in the global chain of innovation. Tune in for grounded, insightful discussions that connect the dots between ambitious ideas, practical execution, and international opportunity.
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