Drinda(SZ:002865) Zheng Quan Ri Bao Wang·2025-12-23 14:12Core Viewpoint - The global low Earth orbit (LEO) satellite constellation deployment and space computing industry are entering a phase of explosive growth, positioning the space economy as a core arena for reshaping global technological competition [1] Industry Summary - According to the International Telecommunication Union (ITU), the total planned number of global low Earth orbit satellites has surpassed 100,000, marking a new stage of dense networking and large-scale development in the industry [1] - The functionality of low Earth orbit satellites is continuously upgrading, expanding from remote sensing and communication to on-orbit AI training and low-latency edge computing tasks, which increases the demand for satellite energy to be "lightweight and high-efficiency" [1] Company Summary - As AI computing clusters rapidly expand, ground computing is facing dual challenges of energy supply and heat dissipation efficiency, with power and cooling demands expected to exceed the capacity of existing ground facilities, making space computing a critical solution [1] - The prospects for explosive growth in space computing are clear, indicating significant investment opportunities in this sector [1]