TAIPEI (Taiwan News) — The National Science and Technology Council (NSTC) said Monday (June 24) the revised proposal for its space program’s third phase will include NT$40 billion (US$1.2 billion) in additional funding.

In an interview with CNA, NSTC Minister Wu Cheng-wen (吳誠文) said the proposal will be submitted to the Cabinet for approval before the end of this year. The minister detailed plans for the space program, emphasizing that Taiwan’s strong capabilities in semiconductors, IT, and precision machinery provide a solid foundation for developing the satellite industry.

According to Wu, in response to the rapid commercialization of low-Earth orbit satellites, the government plans to extend the third phase of the National Space Technology Development Long-Term Development Program. The implementation period will be extended from 2019-2028 to 2031, with an additional NT$40 billion in funding on top of the original NT$25.1 billion.

Wu said subsequent ground equipment and applications are critical because they are needed for communication resilience and national security. Furthermore, ensuring communication networks in remote areas is essential, he added.

Regarding whether Taiwan will independently launch a lunar mission or train Taiwanese astronauts, Wu said the NSTC will evaluate plans based on the needs of Taiwan's scientific research and industry.