三大民营火箭密集首飞，卫星产业ETF(159218)量能持续高企

Core Insights - The commercial aerospace industry is experiencing systematic acceleration, leading to active trading in the satellite industry ETF (159218), which has seen over 100 million in trading volume for 10 consecutive trading days [1]. Group 1: Market Drivers - Three core catalysts are driving market enthusiasm: 1. Institutional Breakthrough: The establishment of the Commercial Space Administration by the National Space Administration clears institutional barriers for industry development [3]. 2. Capacity Breakthrough: Several private rockets from companies like Blue Arrow, Tianbing, and CAS Space are set for multiple maiden flights, expected to overcome capacity bottlenecks and reduce launch costs [3]. 3. Application Expansion: The rapid deployment of satellite constellations by StarNet and Qianfan, along with the Ministry of Industry and Information Technology's target of "millions of users," indicates a shift towards widespread application, with Huawei smartphones now supporting dual-satellite communication [3]. Group 2: Investment Opportunities - In the context of policy, capacity, and application resonating together, the satellite industry chain, from upstream manufacturing to downstream services, is facing historic opportunities, with capital flowing into the satellite industry ETF (159218) for comprehensive investment [3].