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Taiwan's $7 billion drone allocation draws 13 US partnership deals

Illustration accompanying article: Taiwan's $7 billion drone allocation draws 13 US partnership deals
  • U.S. drone-tech startups are partnering with Taiwanese firms to build a drone supply chain that excludes China and could serve both militaries, The Wall Street Journal reported.
  • Taiwan's government allocated over $7 billion for drone spending over the next six years in August, spurring new deals and partnerships.
  • At least 13 U.S.-Taiwan drone collaboration agreements have been signed since September 2025, and Anduril Industries' drone contracts with Taipei have passed $1 billion.
  • Taiwan's navy requested $930 million over six years to buy 1,320 one-way surface drones after the Defense Ministry said in December that it needed them.
 2026-10-13 · 6 MIN READ

2026 Nobel cycle ends with $1.2 million economics prize to Hall and Woodford

Illustration accompanying article: 2026 Nobel cycle ends with $1.2 million economics prize to Hall and Woodford
  • The Royal Swedish Academy of Sciences on Monday awarded the 2026 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Stanford University professor Robert E. Hall and Columbia University professor Michael Woodford.
  • Hall and Woodford were recognized for macroeconomic models for developing fiscal and monetary responses that can flatten out the peaks and troughs of the economic cycle.
  • Prize committee chair John Hassler said the laureates' work provided "a stable theoretical foundation for the models that are now used by central banks and governments around the world."
  • Hall and Woodford will share the $1.2 million prize, established by Sweden's central bank in 1968.
 2026-10-12 · 3 MIN READ
Illustration accompanying article: Health trackers promise insights without the arm squeeze, doctors warn