After "NT$2M a Year Flying Drones": Agricultural Spraying Has Run a Full Cycle
Agricultural spraying is the one drone application whose unit economics are fully transparent: the billing unit is the fen (about 970 m²), rates run NT$150–300, spraying one fen takes about two minutes, equipment costs NT$300–500k, and even the substitute's price is public (manual spraying, roughly NT$200 per fen). And precisely because anyone can run the arithmetic, everyone did — operators who entered in 2018 sprayed over a thousand hectares a year and cleared over a million; later entrants broke even after two or three years and quit. Licensed operators charge NT$300 per fen; unlicensed ones undercut to NT$150. This is the industry cycle in miniature, compressed into about six years.