中信证券：太空算力加速催化，关注星间激光等载荷投资机遇

Core Viewpoint - The acceleration of low-orbit satellite networking in China since November has highlighted the importance of satellite payloads for achieving communication functions, with inter-satellite laser links being a key technology for upgrading microwave communication [1] Group 1: Industry Insights - The inter-satellite laser link is responsible for star-to-star transmission and is considered a high-barrier technology essential for transitioning space computing from concept to practical application [1] - As the number of satellites increases, along with enhancements in single-satellite computing power and the complexity of satellite networks, the significance of inter-satellite lasers is expected to rise [1] Group 2: Investment Recommendations - Companies that are currently leading in the payload sector should be closely monitored for potential investment opportunities [1]