According to the Taipei Times and the Central News Agency, Wu told the legislature's Education and Culture Committee on the 5th that he is discussing with industry representatives a fund to be set up by next year. The science and technology budget can support only a limited number of satellites, he said, so meaningful satellite programs need private investment. In his words, the future of the aerospace industry cannot depend solely on the government.

Wu said the fund would also seek overseas partnerships to strengthen cooperation between Taiwan's space program and international partners. He said space is critical to defense and security and has considerable commercial potential, making it an attractive emerging market for private partners, and he expects an enthusiastic response. The fund's size, financing structure and exact launch date were not mentioned in the report.

Artemis and Taiwanese firms

Taiwan Space Agency Director-General Wu Jong-shinn said NASA has identified 32 technological gaps for its Artemis lunar program. After gathering views from nearly 300 businesses, academic and research bodies, the agency held its first working meeting on those needs on Wednesday, and expects to issue a formal report within three months assessing Taiwan's relevant industrial capabilities.

According to an NSTC report submitted to lawmakers, iSPARK, the agency's start-up accelerator, has finished reviewing 16 companies that applied to move in. The agency must now sign agreements with the selected teams and arrange their move-in. The project aims to help Taiwanese firms commercialize and join international space supply chains, building a space industry cluster.

The remarks are read as a signal of shifting space development from a government-budget model toward public-private cooperation. Whether the fund will actually be set up, and how much private investors will take part, is not yet known. This report is based on Taipei Times coverage and was not independently verified further.