Core Viewpoint - The article highlights the significant opportunity for commercial rocket companies due to the billion-level market scale and substantial capacity gap in the industry, particularly focusing on Beijing Yushi Space Technology Co., Ltd. and its innovative approach to developing low-cost, reusable liquid rockets [2][3][6]. Company Overview - Beijing Yushi Space was established in 2024 and has recently completed several million yuan in angel financing, led by Lingge Venture Capital, to support its rocket product development [3]. - The company aims to address the high costs and low production capacity of current commercial rockets by developing the AS-1 rocket, which is currently in the production phase of its second-stage common bottom tank [3][11]. Technology and Innovation - Yushi Space employs a unique combination of stainless steel rocket body, liquid oxygen-methane propulsion, and a "chopstick" capture arm recovery system to create a low-cost, high-efficiency rocket [3][5][7]. - The use of stainless steel reduces material costs to one-fourth that of traditional aluminum alloys, while maintaining similar structural weight, thus enhancing the rocket's reusability [6][7]. - The choice of liquid oxygen-methane over traditional kerosene engines addresses issues of carbon buildup, extending engine life and reducing maintenance frequency, which is crucial for rapid reuse [7]. Market Demand and Product Specifications - The demand for satellite launches is projected to increase significantly, with plans to deploy nearly 30,000 satellites, necessitating rockets with a capacity of at least 7 tons for multi-satellite launches [6][9]. - The AS-1 rocket is designed with a diameter of 4.2 meters, capable of carrying over 15 tons in a single launch, with a recovery capacity of over 10 tons. The launch cost is projected to be as low as 20,000 yuan per kilogram, significantly below the market average [9]. Business Strategy - Yushi Space's business strategy includes a tiered approach: focusing on B2B services for low Earth orbit satellite constellations, targeting government projects in the long term, and preparing for consumer market entry in the future [10]. - The company boasts a well-rounded team with extensive experience in liquid rocket technology, enhancing its capability to execute its ambitious plans [10][11].