【总编辑圈点】 曾有实验室用可视化装置对地球上空的空间碎片进行可视化动态呈现。直观来看，地球仿佛被各种线条 缠绕包裹，太空垃圾可谓密密麻麻。这些太空垃圾迟早会成为大麻烦，清理地球轨道势在必行。此次， 科研人员提出一种新方案，让卫星可在保持自身稳定的同时，发射等离子体，使太空垃圾减速并重返大 气层。这一系统高效、安全，且成本较低，具有可推广性。清理太空垃圾是人类的责任，我们必须以对 未来负责的态度严肃面对这一课题。 研究团队此次提出并验证了一种创新解决方案。该方法通过清除卫星发射的等离子体，减缓太空垃圾运 行速度，促使其脱离轨道并在重返大气层时燃烧殆尽。然而，传统单向喷射会产生强烈反冲，导致清除 卫星偏离目标，削弱减速效果。为此，他们开发出一种"双向等离子体喷射型无电极等离子体推进器"， 可同时向太空垃圾方向和相反方向喷射两股等离子体流，从而抵消反冲力，保持清除卫星稳定。 为增强减速效率，团队还引入名为"尖点"的特殊磁场结构，用以约束等离子体羽流，防止其扩散。在模 拟太空环境的真空管实验中，该系统不仅实现了自我平衡，还使减速力提升至此前研究报道的三倍。 此外，该推进系统采用廉价且丰富的氩气作为工质，具备良好的经 ...

Group 1: Artemis Program Overview - The Artemis program aims to return humans to the Moon and establish a long-term presence, ultimately paving the way for Mars exploration [2][3] - The program's complexity involves multiple launches and in-orbit docking, contrasting with the direct launch method used in the Apollo program [2] - The first four missions of the Artemis program have been confirmed, with Artemis 1 successfully completing an uncrewed test in 2022 [3] Group 2: Mission Delays and Challenges - Artemis 2, originally scheduled for 2024, has been delayed to April 2026, raising concerns about the timeline for Artemis 3 [3][4] - Technical issues with the Space Launch System (SLS) rocket and Orion spacecraft have contributed to the delays, with SLS facing fuel leak problems [4][5] - The lunar lander, developed by SpaceX, is significantly behind schedule, impacting the overall timeline of the Artemis missions [4][5] Group 3: Lunar Lander and Technical Hurdles - The lunar lander requires advanced capabilities for landing and takeoff on the Moon, with significant engineering challenges due to the lunar environment [5] - SpaceX's plan involves launching multiple Starship rockets to create a fuel depot in low Earth orbit for the lunar lander, but this technology has not been tested [5] - The development of a backup lunar lander by Blue Origin is also lagging behind schedule, compounding the issues faced by the Artemis program [5] Group 4: Spacesuit Development Issues - The new generation of lunar spacesuits is facing delays, which are critical for astronaut safety and functionality during extended missions on the Moon [6][8] - NASA has outsourced spacesuit development to Axiom Space due to internal delays, with prototypes being tested but still requiring significant work [9][10] - The AxEMU spacesuit is expected to undergo critical design reviews and integration testing with the lunar lander, but this process has contributed to project delays [9][10] Group 5: Long-term Goals and Nuclear Power Plans - The Artemis program aims to establish a long-term presence on the Moon, including plans for a nuclear reactor to provide energy [10][11] - NASA is targeting the deployment of a 100-kilowatt nuclear reactor by 2030, but experts express skepticism about meeting this timeline due to technical challenges [11][12] - The development of a biological life support system is also critical for long-term lunar habitation, with current systems relying on supply missions [12]

Investment Rating - The report maintains an "Accumulate" rating for the space computing industry [6] Core Insights - Space computing represents a new paradigm for AI computing infrastructure, extending capabilities from terrestrial to orbital environments, leveraging unique conditions in space for enhanced efficiency and autonomy [12][17] - The demand for computing power is expected to surge, with projections indicating that global AI data center (AIDC) electricity demand could reach 347 GW by 2030, highlighting the urgent need for innovative solutions like space computing to address energy and cooling challenges [2][67] - Several companies, including Starcloud and ADA Space, are actively developing space computing projects, indicating a strong market potential and commercial viability for this technology [3][15] Summary by Sections What is Space Computing? - Space computing involves deploying data centers in low or medium Earth orbit, utilizing modular server nodes capable of AI inference and training, thus forming "orbital data centers" [17][20] - It is distinct from edge computing, as it integrates distributed AI architecture in space, enhancing real-time processing and collaboration capabilities [20] Energy Constraints and Cooling Challenges - The report emphasizes that the explosive growth in computing demand is straining existing energy supplies, particularly in the U.S., where electricity infrastructure has not kept pace with demand [13][69] - Space computing offers significant advantages in energy efficiency and cooling, as it can harness solar energy continuously and utilize the vacuum of space for effective heat dissipation [14][14] Global Deployment Progress - Numerous companies are initiating space computing projects, with notable examples including Starcloud's plans for a gigawatt-scale data center in space and ADA Space's launch of AI satellites [3][15] - The report suggests that space computing is transitioning from conceptual validation to engineering implementation, with strong commercial prospects [3][15] Investment Recommendations - The report advises investors to focus on companies that are strategically positioning themselves within the space computing supply chain, such as SOCE, RKLB in the U.S., and Shunhao Co., Hangang Co., Putian Technology, and China Satellite in China [4][15]

"首选目标便是月球。" 欧盟正在探索转向外太空寻求可再生能源的原材料。 本周，欧盟委员会在最新发布的年度《战略前瞻报告》中表示，全球秩序正遭受巨大冲击，欧盟可能无法再依赖非欧盟国家供应低碳能源技术所需的关键材 料，"作为应对，未来可能日益重视……包括太空采矿在内的先进采矿技术，首选目标便是月球。" 需要解释的是，锂、铜、镍及稀土等金属对可再生能源和电动汽车至关重要，而欧盟境内开采的这类金属寥寥无几。简言之，欧盟需要开采月球资源。 月球开采资源 据美国能源信息署统计，欧佩克成员国（OPEC）合计掌控全球35%的石油储备，占全球石油贸易总量50%。这种主导地位使该组织及其成员国对国际油价 乃至全球经济拥有巨大影响力。 公开信息显示，欧洲空间资源创新中心（ESRIC）于2020年8月由卢森堡空间局（LSA）与卢森堡科学技术研究院（LIST）在卢森堡共同创立，作为该国空 间资源领域的国家级创新中心。欧洲航天局（ESA）于2020年11月以战略合作伙伴身份加入ESRIC。 ESRIC作为全球首创机构，致力于成为国际公认的权威中心，专注于人类与机器人探索中空间资源利用的科学、技术、商业及经济层面的研究，并为未来太 空经济 ...

Group 1 - The core event involved a brief change in the title of the world's richest person, with Larry Ellison of Oracle briefly surpassing Elon Musk after a significant stock price increase [3] - Ellison's wealth surged by $98 billion in one day due to Oracle's stock rising 35%, pushing his net worth to $393 billion, while Musk's net worth was $385 billion at that time [3][5] - Musk regained the title by the end of the trading day, driven by a rebound in Tesla's stock and an increase in SpaceX's valuation [3][5] Group 2 - Musk's wealth recovery was attributed to three main factors: 1. Tesla's stock price rebounded over 3% due to positive market expectations regarding the Cybertruck and Full Self-Driving technology, restoring its market cap to $1.2 trillion [5][6] 2. SpaceX's valuation soared to over $350 billion, supported by the growth of Starlink users and progress in Mars plans [6] 3. The successful financing of Musk's AI company xAI and a recovery in advertising revenue from Twitter (X platform) created a synergistic effect for Musk's business empire [7] Group 3 - The future of Musk and Ellison's wealth is contingent on key variables: 1. For Musk, the performance of Tesla's electric pickup sales and the successful rollout of Full Self-Driving technology are critical [9] 2. For Ellison, the ability of Oracle to fulfill AI orders and maintain market share against competitors like Amazon AWS and Microsoft Azure is essential [10] Group 4 - The competition between Musk and Ellison reflects a broader trend in the tech industry, where AI and aerospace are reshaping perceptions of wealth [12]

Group 1 - The core viewpoint of the article is that Chasing Technology has officially established an Astronomy Business Unit (BU) to enter the field of astronomical optics and the space economy, focusing on the development and application of intelligent astronomical optical systems [1] - The newly formed Astronomy BU aims to create a "human eye" for astronomy, promoting the popularization of astronomical observation while participating in the manufacturing production of the commercial space industry [1] - Chasing Technology is addressing the mass production challenges of large-diameter optical lenses, which have long been monopolized by foreign companies, particularly in the amateur telescope market [2] Group 2 - The first intelligent astronomical telescope product from Chasing Technology is expected to feature a super-large aperture design, equipped with AI algorithms to automatically compensate for atmospheric turbulence and intelligently identify and track deep-space objects [2] - The Astronomy BU is collaborating with domestic commercial space companies to jointly develop high-resolution Earth observation payloads, capitalizing on the rapid advancement and commercialization of global space technology [3] - According to data from Zhongyan Puhua Industry Research Institute, the global space economy was approximately $384 billion in 2022, with commercial satellite-related industries accounting for 73% of this, amounting to $281 billion [3] Group 3 - Chasing Technology has established a three-tier R&D system of "pre-research - product - platform," enabling efficient collaboration between the Astronomy BU and the group's underlying technical resources [3] - The company is set to launch the "Chasing Universe" platform, allowing global astronomy enthusiasts to control intelligent devices, share captured cosmic images, generate AI-recognized star maps, and access exclusive deep-space databases [5] - The Astronomy BU will collaborate with several academicians and astrophysics experts to continuously launch the "Let's Look at the Stars" series of public welfare live classes as part of its long-term corporate social responsibility (CSR) initiatives [5]

2025年8月27日11时08分，于本水因病医治无效，在北京逝世，享年91岁。 据"中国航天科工"官微消息，9月6日上午，中国共产党优秀党员，忠诚的共产主义战士，我国防空导弹专家，中国工程 院院士，中国航天科工集团有限公司、二院、二部科技委高级顾问于本水的遗体告别仪式在八宝山殡仪馆东礼堂举行。 来自社会各界有关人士到现场参加告别仪式。 清晨，送别的人群早早来到了北京市八宝山殡仪馆，人们怀着无比哀痛的心情，依依不舍地送别于本水同志。八宝山殡 仪馆东礼堂庄严肃穆，哀乐低回，正厅上方悬挂着黑底白字的横幅"沉痛悼念于本水同志"，下方悬挂着于本水同志的遗 像，目光慈祥和蔼。于本水同志身盖中国共产党党旗、安卧于鲜花与翠柏丛中。 中央有关领导同志对于本水同志的逝世表示悼念，对家属表示慰问，并敬献花圈。 于本水同志的一生，是为航天事业艰苦奋斗的一生，是为党和人民无私奉献的一生。2025年8月27日11时08分，于本水同 志因病医治无效，在北京逝世，享年91岁。 于本水同志永远是我们学习的榜样。我们深深地怀念他，并将化悲痛为力量，传承他的家国情怀和奋斗品格，为实现中 国梦、强军梦、航天梦而努力奋斗！ 岁月静好，山河无恙。今日中 ...

Core Viewpoint - NASA plans to deploy a 100-kilowatt nuclear reactor on the Moon by 2030 to maintain U.S. leadership in manned lunar exploration, but faces significant technical challenges [1] Group 1: Nuclear Reactor Deployment - The nuclear reactor is intended to provide a stable energy supply for lunar exploration, especially during the long lunar nights when solar power is ineffective [1] - The reactor's power has been increased from an initial 40 kilowatts to 100 kilowatts, which will significantly increase its size and weight, posing challenges for current spacecraft carrying capacity [1] Group 2: Resource Utilization - NASA aims to use the nuclear reactor to electrolyze water on the Moon to produce hydrogen and oxygen, reducing the need for materials brought from Earth and lowering costs [2] - The deployment location of the reactor must be near lunar water ice resources, but NASA currently lacks a comprehensive map of these resources [2] Group 3: Water Ice Exploration - Ongoing lunar exploration projects by NASA are expected to quickly provide information on the distribution of lunar water ice, aiding in resource assessment [3] - The VIPER rover, designed to sample and map lunar water resources, is ready but currently awaiting its mission due to project cancellations [3] Group 4: Safety and Structural Challenges - The reactor will require large heat dissipation surfaces due to the lack of effective heat transfer methods on the Moon, and must be reinforced against potential meteorite impacts [3] - The impact of landing spacecraft on nearby facilities must be considered, as the exhaust from landing engines can damage structures due to the abrasive lunar regolith [4] - Future lunar bases will need to establish dedicated launch sites, with careful planning of distances and positions relative to the nuclear reactor and other facilities [4]

Group 1 - SpaceX founder Elon Musk shared important updates on the Starship project, including development timelines and key technological milestones for different versions of the spacecraft [1][3] - The Starship V3 version is planned to be completed and tested by the end of this year, with potential test flights occurring during this period [3] - The Starship V4 version is expected to be launched in 2027, with a design height close to 150 meters and a weight of approximately 7500 tons, representing a significant increase in scale compared to existing versions [3] Group 2 - Musk indicated that the capture mission for the Starship is likely to be implemented during the 13th to 15th flights, with specific timing to be adjusted based on the performance of the V3 version [3] - The recent successful completion of the 10th test flight marked a significant milestone, with the spacecraft launching from Texas and landing in the Indian Ocean, while the rocket booster successfully fell into the Gulf of Mexico [3] - The test flight aimed to achieve several key objectives, including simulating satellite deployment and conducting engine relight tests in space, which are crucial for future technological validation and functional expansion of the Starship [3]

Core Viewpoint - The company, Interstellar Aerospace Technology (01725.HK), has successfully completed a subscription agreement, issuing a total of 100 million shares, which represents approximately 19.84% of the company's existing issued share capital prior to the completion and about 16.55% of the enlarged issued share capital after the issuance [1] Financial Summary - The net proceeds from the subscription are estimated to be approximately HKD 64.5 million [1] - Approximately HKD 60.9 million, or 94.4% of the net proceeds, will be allocated for general working capital, including: - Salaries: approximately HKD 35.3 million (54.7%) - Lease expenses: approximately HKD 3 million (4.7%) - Utilities: approximately HKD 3 million (4.7%) - Legal and professional fees: approximately HKD 12.4 million (19.2%) - Office daily expenses: approximately HKD 3.6 million (5.6%) - Other administrative expenses: approximately HKD 3.6 million (5.6%) [1] - Approximately HKD 3.6 million, or 5.6% of the net proceeds, will be used for the operational expenses of the group's aerospace business [1] Future Plans - The company anticipates that the net proceeds from the subscription will be fully utilized by the end of 2025 [1] - If the net proceeds remain unutilized, the company plans to deposit the funds in licensed commercial banks and/or other recognized financial institutions as short-term deposits [1]