银河航天公共事务总经理徐颖：技术创新与金融创新需深度结合

Core Viewpoint - The development of the commercial aerospace industry heavily relies on financial support, which is crucial for the construction of new space infrastructure and requires continuous investment, particularly patient capital [2][3]. Group 1: Industry Insights - The commercial aerospace and satellite internet sectors are characterized as strategic emerging industries with high technical barriers, necessitating sustained financial investment [2]. - The Chinese government has encouraged private capital participation in national civil space infrastructure since 2014, marking the beginning of commercial aerospace development in China [2]. - The overall industry development is positive, supported by increasing financial institution participation and collaboration, creating a favorable environment for technological enterprises [3]. Group 2: Company Development - Galaxy Aerospace has successfully launched 35 advanced satellites, covering various types such as communication and remote sensing, and has validated satellite internet applications both domestically and internationally [1]. - The company has evolved from relying on venture capital in its early stages to utilizing diversified financial tools, including equity financing and local industry funds, as it matures [2]. - The introduction of the Nantong Development Zone Intelligent Manufacturing Industry Investment Fund has provided financial support for capacity enhancement and optimization of satellite mass production technology [3]. Group 3: Technological and Financial Innovation - There is a significant need for deep integration of technological and financial innovation, especially as new asset forms emerge in the satellite sector, with the global satellite count increasing from over 1,000 a decade ago to more than 10,000 today [3]. - The development of financial instruments backed by satellite assets and the promotion of space asset securitization require active participation from financial institutions and policy support [3]. - The company has implemented AI and automation in satellite monitoring, significantly reducing labor costs and enhancing production efficiency [3][4]. Group 4: Cost Management Strategies - The company emphasizes careful assessment of financial conditions when planning capacity expansion to ensure that funding capabilities align with growth rates [5]. - Continuous communication with financial institutions and awareness of national policies are crucial for effectively utilizing diverse financing tools [5].