Taipei: Taiwan has signed a memorandum of understanding (MOU) with a British defense industry group to establish a platform for bilateral drone industry exchanges, the alliance behind the initiative said Monday.
According to Focus Taiwan, the Taiwan Excellence Drone International Business Opportunities Alliance (TEDIBOA) announced that the MOU with ADS Group was reached on July 23 during the Farnborough International Airshow in the United Kingdom. The agreement signifies the first formal exchange between the drone industries of Taiwan and the United Kingdom, as stated by TEDIBOA.
The MOU was signed by Aerospace Industrial Development Corp. (AIDC) President Chuang Hsiu-mei and ADS Group CEO Kevin Craven. It aims to create an industry exchange platform for drone research, development, and marketing. The two sides will participate in each other's international business expansion programs and explore further cooperation opportunities. TEDIBOA emphasized the goal of promoting substantive collaboration and bilateral investment while enhancing competitiveness in drone technology and the global market.
During the event, Chuang expressed confidence that Taiwan could serve as a reliable and capable manufacturing partner in the Asia-Pacific region for the United Kingdom's aerospace and defense industries. Craven highlighted that the new exchange platform will enable both parties to leverage their strengths in technology development and manufacturing, fostering growth in the drone industry. He expressed anticipation in collaborating with TEDIBOA to create more global business opportunities.
ADS Group, a leading national industry association in the United Kingdom, represents over 2,000 members across the aerospace, defense, security, and space sectors. Its subsidiary, Farnborough International, organizes the Farnborough International Airshow. TEDIBOA has established partnerships with 15 drone organizations across nine countries in Europe, the Americas, and Asia, and has engaged in talks with companies in Germany, the United States, and Japan to expand global business opportunities.