Successful launch of satellite Internet high orbit satellite agency said that the progress of satellite industry side is highly deterministic (satellite agency)

At 21:50 on October 10, China used the Long March 3B carrier rocket at the Xichang Satellite Launch Center to successfully launch the satellite Internet high orbit satellite 03. The satellite successfully entered the scheduled orbit, and the launch mission was a complete success. This mission is the 538th flight of the Long March series carrier rocket.
Minsheng Securities believes that the progress of satellite Internet industry in 2024 will be strong, and the current location and layout opportunities of the sector will be clear after in-depth adjustment. It is suggested that domestic progress should focus on the application and interpretation of terminal satellite functions (mobile phone direct connection, etc.)+satellite bidding+networking satellite launch+commercial fire arrow upgrade iteration. Overseas suggestions should focus on the pace of subsequent SpaceX starship flight+end side direct connection service promotion. At the same time, it is suggested to focus on the strong catalysis of central and local policies, the formulation of industry standard agreements, and other related progress.
According to the Caixin thematic database, among the relevant listed companies:
Shanghai Hanxun has been deeply involved in the construction of relevant low orbit satellite constellations. The company’s satellite business includes products such as satellite communication payloads, ground communication systems, and in orbit verification platforms, and has won numerous key projects since 2023.
Hualichuangtong fully participates in the system construction of Beidou Navigation and Tiantong Satellite Mobile Communication, and is one of the few enterprises that simultaneously master the key core technologies of “satellite communication+satellite navigation”.