Core Insights - The construction of space infrastructure is emerging as a new engine for global economic growth, with over 300 high-tech enterprises in the commercial aerospace sector located in Beijing, forming an initial "South Arrow North Star" pattern [1][8] - Galaxy Aerospace, a unicorn in Beijing's commercial aerospace sector, has successfully launched 25 advanced satellites, contributing to China's space infrastructure development [1][2] Communication - Galaxy Aerospace has launched two experimental satellites capable of direct mobile connectivity, marking a significant step in satellite communication technology [2][3] - The global space economy is projected to reach a value of $1 trillion by 2040, with the broader economic and social value of space estimated at approximately $7.9 trillion [2] Remote Sensing - Galaxy Aerospace has developed the world's first multi-satellite formation SAR (Synthetic Aperture Radar) satellite, enhancing capabilities for high-precision digital surface modeling and global mapping tasks [4][5] - The successful launch of four InSAR satellites in March 2023 represents a breakthrough from theoretical research to engineering realization in multi-satellite interferometry [4][5] Satellite Technology - The "1+3" formation of SAR satellites allows for effective measurement of ground targets from various angles, achieving millimeter-level precision in mapping [5] - Galaxy Aerospace is integrating AI capabilities into future SAR satellite projects to reduce ground control pressure and enhance data processing efficiency [5] Innovations in Satellite Design - The Lingxi 03 satellite, featuring a unique flat design and flexible solar wings, was successfully launched, demonstrating advancements in compact satellite deployment and cost reduction [6][7] - The flexible solar wings allow for efficient energy absorption and are suitable for mass production, significantly contributing to the acceleration of satellite internet construction [7] Industry Landscape - Beijing is the birthplace of China's aerospace industry, housing over 50% of the core R&D units and a complete industrial chain in commercial aerospace, including rocket manufacturing and satellite services [8][9] - The city has set records in rocket launches and satellite constellation planning, with significant contributions from companies like Galaxy Aerospace [9] Future Outlook - Beijing plans to accelerate the development of reusable rocket technology and heavy-lift rockets, aiming for breakthroughs in satellite core components and large-scale constellation construction [10][11] - The city will enhance procurement of commercial satellite services for emergency response and resource monitoring, promoting applications in smart cities and autonomous driving [11]