24 low-orbit internet satellites launched successfully as commercialization accelerates

Industry
โดย 上海证券报·CN·Read original
Summary · why it matters

At 12:10 p.m. on August 16, China used a Long March 12 carrier rocket at the Hainan commercial space launch site to successfully send 24 low-orbit internet satellites into space. The satellites entered their planned orbits and the launch mission was a complete success. The Long March 12 rocket was launched just two and a half days after arriving at the site, setting a breakthrough improvement in the speed of China's commercial space launches and significantly strengthening rapid response capability. Xiangcai Securities believes that SpaceX's performance has confirmed the commercial viability of satellite internet, which has a strong mapping effect on the global industrial chain. Domestically, the current stage is one of network construction first and application lagging behind, and subsequent policy catalysts and terminal volume growth will become key variables in shifting the value focus downstream. Among related companies, Jovo Energy successfully won the bid for special fuel and special gas procurement for launch missions at the Hainan commercial space launch site from 2026 to 2028, and in the first half of this year it has already completed special fuel and special gas support services for seven Long March series rocket launches. China Spacesat has developed a full range of common platform models for small satellites and microsatellites, and possesses core technical capabilities including complex constellation system design, full-link simulation, autonomous mission planning, on-board intelligent processing, integrated AIT management and control, and batch production.

Impact on stocks 3

Others · 3 stocks
Jiangxi Jovo Energy Co. Ltd
605090
▲ PositiveDemandrelevance

Jovo Energy won procurement for special fuel and gas for launch missions, directly benefiting from increased launch activity.

China Spacesat Co Ltd
600118
▲ PositiveDemandrelevance

China Spacesat's satellite platforms and core tech are directly relevant to the successful launch of 24 low-orbit internet satellites, indicating demand for its products.

Theme Impact 3

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