Japanese startups are racing to enter defense drone production, as Tokyo seeks to cut reliance on Chinese industrial drones, which control 91% of Japan's market (Mitsuru Obe/Nikkei Asia)
TOKYO — Japanese startups are entering defense drone production as Prime Minister Sanae Takaichi seeks to reduce dependence on China and expand domestic manufacturing.
Japanese startups are entering defense drone production as the government seeks to reduce its reliance on Chinese industrial drones. According to Nikkei Asia, Chinese drones currently control 91% of Japan's market. The move is part of Prime Minister Sanae Takaichi's efforts to expand domestic manufacturing.
The Japanese government's push to develop its own defense drone industry comes as the country seeks to reduce its dependence on China. No further details on the startups or their plans were provided in the reports.
The value of the Japanese yen has been fluctuating against the US dollar, with the US and Japan intervening in the market to shore up the currency. According to US President Donald Trump, the intervention was a "signal of friendship" between the two countries.
Brief written by urgent.news from Techmeme, Hindu BusinessLine, Associated Press, FXStreet — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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