12月16日，泰胜风能（300129）集团股份有限公司(以下简称"泰胜风能")在深交所互动易平台表示，公 司通过全资子公司推动航天业务的开拓，依靠控股股东优质资源赋能以及多年深耕高端装备制造业的经 验，待后续相关产线落地后会积极拓展客户资源。 泰胜风能上述举措是当前上市公司积极布局商业航天领域的一个缩影。在技术、资本与政策等因素的加 持下，商业航天正快速进入"规模化应用期"，给相关行业带来广阔的增长空间。 多重共振助推行业发展 2015年，国家发展改革委等多部门联合颁布《国家民用空间基础设施中长期发展规划(2015—2025 年)》，鼓励社会资本进入航天领域，2015年也因此被业内称为"中国商业航天元年"。此后，中国商业 航天产业一直稳健发展，中国航天工业质量协会发布的数据显示，2024年我国商业航天市场规模同比增 长8.3%，市场规模达到约7133.2亿元。 进入2025年后，商业航天板块在资本市场持续走强，相关产业成为市场关注的焦点。业内人士认为，商 业航天板块2025年的爆火，是政策支持、技术突破与市场需求三重因素共振的结果，行业正快速迈 向"规模化应用期"。 在政策层面，2025年11月份，国家航天局 ...

Core Viewpoint - The article highlights the recent angel round financing of "Interstellar Optical Remote Sensing Technology Co., Ltd." (referred to as "Interstellar Optical"), which has completed nearly 100 million yuan in funding to enhance its production capacity, R&D investment, and market expansion in the high-resolution optical payload sector [5][10]. Company Overview - "Interstellar Optical" was established in early 2025 by experts from the aerospace system and the Chinese Academy of Sciences, focusing on the development and manufacturing of full-color multi-spectral remote sensing cameras with a resolution of 0.5m and above [5][9]. - The company has delivered two 0.75m resolution cameras and aims to achieve in-orbit verification of a 0.5m resolution camera by 2026 [5][9]. Market Demand and Industry Context - Industry forecasts suggest that the number of remote sensing satellites launched in China could reach thousands in the next five years, creating a market demand for remote sensing cameras worth billions [7]. - The performance of optical remote sensing payloads is crucial for satellite data acquisition and imaging quality, making high-resolution, low-cost, and rapid-delivery cameras essential for the commercialization of space applications [7][10]. Product and Technology - "Interstellar Optical" focuses on the market demand for various full-color multi-spectral cameras in commercial space, with applications in traditional fields like geographic information surveying, agricultural monitoring, and urban governance, as well as emerging scenarios like space situational awareness [7][9]. - The company has developed a full-process independent R&D capability, covering design, simulation, integration, and testing, with a product line ranging from 0.25m to 50m resolution [7][9]. Competitive Advantage - With the establishment of its production base in Nanjing, "Interstellar Optical" will have the capacity to produce 20 sets of 0.5m resolution cameras annually, positioning itself as a leading private enterprise in the high-resolution optical payload sector [9]. - The company has established a competitive edge in high-resolution payloads due to its early delivery capabilities and clear product positioning, while also maintaining a non-competitive stance with satellite system integrators to facilitate efficient collaboration [9][10]. Investment Insights - Investors view the commercial remote sensing satellite industry as rapidly growing, with increasing satellite numbers and applications, leading to a pressing need for domestically produced high-resolution optical cameras [10][11]. - The team at "Interstellar Optical" possesses over 15 years of experience in aerospace and related fields, which is expected to contribute to the company's growth as a benchmark enterprise in the commercial remote sensing payload sector [10][11].

Core Insights - The Guangdong Provincial Government has issued policies to support the high-quality development of commercial space activities from 2025 to 2028, focusing on satellite constellation construction and providing a "green channel" for project approval [1] - The commercial space industry in China is expected to enter a new phase of large-scale application by 2025, with a market size projected to exceed 2.5 trillion yuan [2] Group 1: Policy and Support - The government will support enterprises in investing in satellite constellations for commercial use, ensuring coordination for satellite frequency resources [1] - Local governments are encouraged to increase support and investment in satellite constellation construction [1] Group 2: Industry Trends - Satellite internet is identified as a core area of commercial space, leveraging low Earth orbit (LEO) satellites for global coverage with low latency and cost advantages [1] - The industry is driven by a combination of policy, technology, and resource availability, with over 70,000 low Earth orbit satellite applications expected by the end of 2024 [1] - The commercial space industry is entering its second decade, with significant financing opportunities through the Science and Technology Innovation Board [1] Group 3: Market Outlook - The commercial space industry in China is anticipated to undergo a transformation and upgrade, with international cooperation expected to expand [2]