Thunder Tiger shares jump after Taiwan passes drone industry law
Taiwan's drone maker Thunder Tiger rose even as the wider market sold off hard, good news for the island's defense suppliers.
- Taiwan's parliament passed a law to boost homegrown defense and unmanned vehicles, and the cabinet has now countersigned it.
- Thunder Tiger stock climbed as much as 6% while the broader Taiwan market fell sharply.
- Traders expect the government to start handing out drone contracts as early as the end of this year.
- The company's August sales jumped about 75% from a year earlier, with sales up 14% so far in 2026.
- Thunder Tiger is working with Taiwan's state defense research institute on small jet engines for its loitering drones, and plans to show them at a U.S. Army trade show in Washington in October.
Outlook: Drone makers in Taiwan look set for a wave of state orders, with the first tenders possibly landing before year-end.