Launch successfully again! How can the integration of heaven and earth reshape the trillion dollar market? (Satellite leasing)

Just now, Jiuquan Satellite Launch Center has successfully completed the mission of launching one rocket and one satellite – the Long March 2C carrier rocket carrying the satellite Internet technology test satellite successfully into orbit. And this is already the countless “routine successes” in our satellite industry this year, as China’s aerospace industry is disrupting traditional perceptions with a terrifying pace of “two launches in three days”!
1、 The national team is making every effort to promote the integration of air, space, and air
It is worth noting that in early September, China Unicom officially obtained the operating license for satellite mobile communication services. At this point, both China Telecom and China Unicom have obtained the qualification for “direct satellite connection for mobile phones” business, and China Mobile is actively applying for the opening of the gate, which means that the three major operators may enter the market comprehensively in the future.
At present, domestic mobile phone direct satellite mainly relies on the Tiantong-1 high orbit satellite to achieve low-speed communication such as voice and SMS. In April of this year, China successfully completed the verification of the “one rocket, four satellites” low orbit direct connection technology, marking a crucial step in the construction of the new generation of satellite communication networks.
At present, the progress of networking is accelerating significantly: within one month from July 27th to August 26th, 2025, China successfully launched six sets of low orbit satellites. Rocket recovery technology is also rapidly breaking through: in the first half of 2025, China launched 35 space missions with a success rate of 100%, including multiple experiments of reusable rocket technology – from supplementing ground networks to powerful space-based infrastructure, the entire satellite industry chain is breaking through exponential growth.
2、 The “Three Body Computing Constellation” has been successfully established, and space AI has been officially commercialized
In addition, in May of this year, Zhijiang Laboratory also did a highly sci-fi thing – sending 12 computing satellites carrying 8 billion parameter AI models into orbit to form the world’s first “Three Body Computing Constellation”. This is different from any previous communication, navigation, or remote sensing satellite, as it truly deploys computing power into space.
The commercialization path of space computing power is now very clear——
One is space computing power leasing: many satellites have “stars but no calculations”, which is the pain point and market.
The second is the satellite cable plan: to build a “space dedicated line” through inter satellite laser links, providing low latency and high security cross-border data transmission services to cloud vendors and large enterprises, which can be understood as a “space-based fiber optic network”.
The third is intelligent data monetization: after being processed by in orbit AI, remote sensing data is directly transformed into DaaS (Data as a Service) in fields such as agriculture, energy, and urban governance, completely unleashing commercial imagination.
However, this obviously requires time to be implemented. We can first grasp the industry beta through the satellite industry ETF (159218) and make specific choices when individual stocks emerge.
The Satellite Industry ETF (159218) tracks the CSI Satellite Industry Index, covering the entire industry chain of satellite manufacturing, launch, ground equipment, and operation services. Its constituent stocks, such as China Satellite, Aerospace Electronics, and China Satcom, have a total weight of nearly 60%, with a very high “satellite” content.
Moreover, from the beginning of 2025 to September 15th, the satellite industry index has accumulated a 24% increase, significantly outperforming the market and the CSI Military Industry Index by about 9 percentage points, demonstrating good elasticity.