Core Viewpoint - The successful launch of the Long March 12A rocket marks a significant step in China's commercial space endeavors, despite the failure to recover the first stage, as it provides critical data for future reusable rocket development [3][4]. Group 1: Rocket Launch and Development - The Long March 12A rocket was launched from the Dongfeng Commercial Space Innovation Experimental Zone, achieving basic success in its flight test despite the first stage not being recovered [3]. - The rocket is designed for reusability and is the largest single-core launch vehicle in China, with a low Earth orbit capacity of at least 12 tons and a 700 km sun-synchronous orbit capacity of at least 6 tons [3]. Group 2: Market Implications and Future Prospects - The ability to reuse rockets is becoming a core competitive metric in the commercial space market, as it significantly reduces the cost per launch amidst increasing launch frequency and demand for satellite constellations [4]. - Experts predict that future rocket designs will likely include reusable variants, reflecting a shift in technology and market needs, with the Long March 10B expected to be ready for its first flight by April 2026 [4].

12月23日10时00分，长征十二号甲遥一运载火箭在东风商业航天创新试验区发射升空，运载火箭二子级 进入预定轨道，一子级未能成功回收，飞行试验任务获得基本成功。 据新华社，12月23日10时00分，长征十二号甲遥一运载火箭在东风商业航天创新试验区发射升空，运载 火箭二子级进入预定轨道，一子级未能成功回收，飞行试验任务获得基本成功。 长征十二号甲是我国第二型进行轨道级发射并回收的可重复运载使用火箭，此前于12月3日，朱雀三号 遥一运载火箭在东风商业航天创新试验区发射升空，按程序完成飞行任务，但火箭一级回收验证过程中 发生异常燃烧，未实现预定火箭一级回收目标。 长征十二号甲运载火箭由航天八院抓总研制，是长征十二号运载火箭的可重复回收使用版本，箭体直径 3.8米，全长约62米，起飞质量约433 吨。火箭采用二级构型设计，一级采用7台九州云箭公司的龙云液 氧甲烷发动机；二级采用1台航天六院的真空型YF-209液氧甲烷发动机。 作为我国首型4米级运载火箭，长征十二号甲也是目前我国运载能力最大的单芯级运载火箭，近地轨道 运载能力不少于12吨、700公里太阳同步轨道运载能力不少于6吨。 ...

据新华社消息，12月23日10时00分，长征十二号甲遥一运载火箭在东风商业航天创新试验区发射升空， 运载火箭二子级进入预定轨道，一子级未能成功回收，飞行试验任务获得基本成功。长征十二号甲是中 国航天科技集团航天八院研制的可重复使用火箭。 前不久，民营商业航天公司蓝箭航天研制的朱雀三号遥一运载火箭首飞，在国内率先进行了火箭一级回 收验证。朱雀三号按程序完成了飞行任务，火箭二级进入预定轨道，但回收试验失败。后续，蓝箭航天 对外披露一子级回收验证的关键技术细节。这次试验通过飞行过程积累的飞行数据，为后续型号迭代改 进打下了坚实基础，同时验证了复合控制策略以及相应制导算法的正确性。 本文来源：上海证券报 据国家国防科技工业局新闻宣传中心，长征十二号甲是一型以实现"一级重复使用"为核心特征的液氧甲 烷运载火箭。火箭全长约70.4米，一、二级直径均为3.8米，整流罩直径为4.2米，起飞重量约437吨。本 次任务虽未实现预定的火箭一级回收目标，但是获取了火箭真实飞行状态下的关键工程数据，为后续发 射、子级可靠回收奠定了重要基础。研制团队将尽快开展本次试验过程的全面复盘与技术归零，全力查 明故障原因，持续优化回收方案，继续推 ...

韩国首尔时间23日10时13分许，韩国民间运载火箭企业INNOSPACE的首枚商业运载火箭"韩 光-纳米"在巴西阿尔坎塔拉航天中心发射升空。火箭升空后不久就被捕捉到疑似爆炸的画面， 发射以失败告终。 来源丨央视新闻 编辑丨江佩佩 见习编辑张嘉钰 亏损超28亿，又一GPU巨头冲击IPO，估值120亿 快手直播间出现大量色情内容，最新回应：平台遭到黑灰产攻击，已报警 美股三连阳，中概股普涨，阿特斯太阳能涨近11%，黄金白银再创新高，原油大反弹 21君荐读 SFC ...

Core Viewpoint - Blue Arrow Aerospace has completed its IPO counseling work, indicating its readiness to become a publicly listed company, as confirmed by its counseling institution, China International Capital Corporation (CICC) [1][3]. Group 1: Company Overview - Blue Arrow Aerospace, established in 2015, is one of the leading private aerospace companies in China, focusing on the research and operation of medium to large launch vehicles using liquid oxygen and methane propellants [3]. - The company initiated its counseling for IPO on July 29, 2023, with CICC as the counseling institution [3]. Group 2: Recent Developments - On December 3, 2023, Blue Arrow Aerospace successfully launched its Zhuque-3 reusable launch vehicle, marking China's first attempt at first-stage recovery of a launch vehicle, which has garnered significant attention from various sectors [3]. - The Zhuque-3 rocket underwent a critical flight verification phase, including the challenging "supersonic re-entry aerodynamic gliding phase," which tested the structural thermal protection system and overall aerodynamic design [3]. - The successful recovery of the rocket involved high-precision guidance control to the landing site, validating the effectiveness of the cold gas reaction control system and the composite control strategy of grid fins [3].

来源｜央视新闻 韩国首尔时间23日10时13分许，韩国民间运载火箭企业INNOSPACE的首枚商业运载火箭"韩光-纳米"在巴西阿尔坎塔拉航天中心发射升空。 火箭升空后不久就被捕捉到疑似爆炸的画面，发射以失败告终。 编辑 ｜心一 ...

新华社快讯：据韩联社23日报道，韩国首个商业运载火箭当天发射后起火，发射失败。 ...

新华社快讯：韩联社23日报道，韩国首个商业运载火箭当天发射升空1分多钟后起火。 ...

Group 1 - Blue Arrow Aerospace Technology Co., Ltd. has completed its IPO counseling work, with China International Capital Corporation (CICC) as the counseling institution [1][6] - The company was established in 2015 and is one of the leading private aerospace enterprises in China, focusing on the research and operation of medium to large launch vehicles using liquid oxygen and methane propellants [3][8] - On December 3, Blue Arrow Aerospace successfully launched the Zhuque-3 reusable launch vehicle, marking China's first attempt at first-stage recovery of a launch vehicle, which has garnered significant public attention [3][8] Group 2 - The Zhuque-3 rocket underwent a vertical recovery technology flight verification after completing first-stage separation, which is considered one of the most challenging phases for reusable rockets [3][8] - The rocket's flight data collected during the process will provide a solid foundation for future model iterations and improvements [3][8] - The successful recovery involved high-precision guidance control to the landing site, validating the effectiveness of the cold gas reaction control system and the corresponding guidance algorithms [3][8]

记者获悉，由中国航天科技集团八院抓总研制的长征十二号甲（CZ - 12A）可重复使用运载火箭，计划于今日上午执行首飞任务。 ...