Taiwanese lithium battery module maker Joules Miles (JMS) is positioning itself for long-term growth in emerging aerospace and unmanned aerial vehicle (UAV) markets, betting on the rapid expansion of low-Earth orbit (LEO) satellite deployments and the global drone industry.

The future development of Taiwan’s battery industry must be grounded in the global competitive landscape and domestic industrial conditions, implementing differentiated, niche, and advantage-based strategies. The focus should be on developing small-volume, diverse, high-value, and cost-effective products to build technical barriers and avoid falling into price competition traps.

At the Boom-Up Festival 2025, one of Korea’s largest gatherings of startups and investors, WOW Future Tech CEO Munju Kim drew attention with an unconventional idea: building drones out of cardboard and recycled packaging materials.