The club was formed in 2021 after the Zhanyi Group took over the license of Red Lions, who had previously competed in the league from 2018 to 2020. The new owners opted to relaunch the club as a new entity, branding the new side Flight Skywalkers with a new crest and kit. The team in its maiden season was mainly supplied by Taipei City University of Science and Technology.[1] The team was renamed Taipei Deva Dragons in the 2023 season. On May 9, 2023, the team was renamed Taipei Dragons after the team received naming sponsorship by the Taipei City Government.[2]
