Goldman Sachs Research forecasts the low-Earth orbit (LEO) satellite market will skyrocket from US$15 billion in 2024 to US$457 billion by 2035, driven by surging demand for non-terrestrial networks. These networks are becoming essential infrastructure for enabling beyond-5G and 6G connectivity. In response, governments worldwide are ramping up investment. Taiwan’s Ministry of Economic Affairs is fast-tracking tech validation and deployment to embed the island’s supply chain into the global satellite ecosystem.