Geosat Aerospace & Technology was established in 2004 by Dr. Cheng-Fang Lo based on the former Satellite Information Center of the National Cheng Kung University. Through 3S technology imbedded in satellite
positioning technology, telemetry technology, and geospatial information technology as its core, the company has engaged in satellite information analysis and relevant map data processing services. In 2008, a
corporate transformation was completed since the company gradually geared towards the upper-stream development for independent vehicle platforms while participating in the field of unmanned aircraft research and
development, and has finally become a service provider of holistic drone solutions with vertical integration proficiencies. In 2015, the company also achieved recognition and affirmation with the honor of the
"National Industrial Innovation Award" from the Ministry of Economic Affairs (MOEA).
To expand the field of applications using drones, Geosat conducts itself through The Invest Taipei Office (ITO) to provide customized consulting services. In 2019, the Taiwan Drone Service Company Inc. successfully
started in Daan District, Taipei City. Thereafter, ITO interviewed Dr. Cheng-Fang Lo, the chairman of Taiwan Drone Service Inc., to further discover why the company chose to invest in Taipei.
Chairman Lo described that the main farming household in Taiwan is 276,000, with 28,000 households experiencing a shortage of labor. In 2016, the population in agricultural employment accounted for 557,000 people
and approximately 110,000 people are expected to leave the farming industry in the next 10 years. As observed, since farming practices in Taiwan experience short agricultural periods, as well as crops rotating
with seasons so it cannot provide a constant routine of work throughout the year, the labor shortage problem persists, even with the introduction of foreign agricultural workers. As a result of the shortage of
agricultural labor in Taiwan, the serious aging of the population, and 17% of the agricultural population being over 65-years-old, this is why current farming households are more reliant on smart agriculture as a
consistent farming model. However, since Taipei possesses high-tech professionals, it has established the professional team (aircraft) in Taipei because it will make use of drones in agricultural spraying so that
farmers can recover their health and their time spent with families.
To support the 5+2 innovative industry plan, the employment of agricultural spray drones and smart agricultural technology can assist in increasing farmers' income, encourage young people to return to their
hometowns, assist young farmers to start businesses, and improve agricultural competitiveness in Taiwan. Overall, chairman Lo considers, as he later added, that it will be a project that is most meaningful to
agriculture in Taiwan.
At the end of the interview, Lo stated that the above-mentioned business model can be beneficial in both Taiwan's agriculture and also the neighboring Southeast Asian countries, therefore, Taiwan's drone
products and application services can be internationalized and marketed to the world. Presently, these services have already entered into smart agriculture, forestry, and green energy markets and the company has
cooperated with suppliers from Southeast Asia, Japan, China, and other areas to facilitate the relevant industries. With smart agriculture as the focus, the company has expanded its services to the cultivation and
management of high-value crops such as palm oil forests in Malaysia, which has significantly improved the prospects for the development of drones. Most importantly, the company indicated that the one-stop service
provided by ITO helped it a lot and that it can appreciate the many resources provided by the Taipei City Government.