Geovis(SH:688568) Zhong Guo Xin Wen Wang·2025-11-26 23:32Core Viewpoint - China has officially launched the "Xingyan" space situational awareness constellation, which aims to deploy 156 satellites to create a global, responsive near-Earth orbit monitoring network to enhance space safety [1][2]. Group 1: Project Overview - The "Xingyan" constellation will utilize the independently developed "Observer" space information analysis platform and the "Space Cloud" management service platform by China Siwei Technology Co., Ltd. to implement its objectives [1]. - The constellation will track, orbit, and catalog satellites, monitor space debris, analyze satellite orbit data, and predict collision risks, providing precise and efficient space traffic management data services [1][2]. Group 2: Industry Context - The current space environment faces unprecedented challenges due to the rapid deployment of satellite constellations, leading to an increase in the number of satellites in orbit and heightened collision risks [2]. - The Chinese government has recently released the "National Space Administration's Action Plan for Promoting High-Quality and Safe Development of Commercial Space (2025-2027)," emphasizing the integration of commercial space into the national space development framework [2]. - The importance of space situational awareness as a foundational support for space safety is increasingly recognized, aligning with China's strategic goal of becoming a space power [2]. Group 3: Future Directions - China Siwei Technology aims to become a global leader in space management services by enhancing its space management capabilities and increasing R&D investment [2]. - The company plans to collaborate with industry partners to build a more secure and orderly space environment, contributing to China's goal of accelerating its development as a space power [2].