同时，支持电信运营商通过与卫星企业共建、共享等模式，深入挖掘天通、北斗等高轨卫星应用潜力， 推动手机等终端设备直连卫星加快推广应用，为广大地面移动通信用户提供基于卫星的话音、短消息业 务。 工业和信息化部8月27日发布的《关于优化业务准入促进卫星通信产业发展的指导意见》提出，到2030 年，卫星通信管理制度及政策法规进一步完善，产业发展环境持续优化，各类经营主体创新活力充分迸 发，基础设施、产业供给、技术标准、国际合作等综合发展水平显著提升，手机直连卫星等新模式新业 态规模应用，发展卫星通信用户超千万，推动卫星通信充分融入新发展格局，有力服务经济社会高质量 发展。 《意见》在有序扩大市场开放、持续拓展应用场景、培育壮大产业生态、优化电信资源供给、加强卫星 通信监管、提升协同推进合力等六个方面提出具体措施。 在有序扩大市场开放方面，《意见》提出，加快卫星互联网系统建设和应用服务，推动卫星互联网实现 高质量发展，针对低轨卫星通信应用适时开展商用试验，带动产业链上下游协同创新，实现全球范围内 宽带网络覆盖，为各类用户提供高速卫星互联网服务，持续拓展多样化应用场景。 （文章来源：上海证券报） 责任编辑：石秀珍 SF1 ...

事关卫星通信产业建设，重磅文件来了！ 8月27日，工业和信息化部对外发布《关于优化业务准入促进卫星通信产业发展的指导意见》（以下简称《意见》）。 | 中华人民共和国 | | | | | | ● 阳光小信 无障碍 手机端 邮箱 微信 微博 RSS订阅 请输入关键字 Q | | | --- | --- | --- | --- | --- | --- | --- | --- | | of Industry and Information Technology of the People's Republic of China | | | | | | | | | ਦ | 首页 | 组织机构 | 新闻发布 | 政务公开 | 政务服务 | 互动交流 | 工信数据 | | 首页 > 政务公开 > 政策文件 > 文件发布 > 意见 | | | | | | | | | 发文机关:工业和信息化部 | | | | | | | | | 标 | 题:工业和信息化部关于优化业务准入促进卫星通信产业发展的指导意见 | | | | | | | | 发文字号: 工信部信管〔2025〕180号 | | | | | | | | | 成文日期:20 ...

上证指数突破2021年高点3731点，在达哥擅长的所有技术分析中，这意味着其对牛市进行了最终的 右侧确认。 昨天，达哥在文章中谈到了2007年6124点与2015年5178点的高点连线。这种历史级、重量级的压力 位，一般而言，有效突破则意味着确认趋势最终转变，打开上行空间。 今天，达哥计算了一下这条连线所在的位置，这条连线以每天约0.507点向下移动，这条连线对应 今天这个时间点的点位为3919.3点附近。 不论是突破2021年的高点，还是突破上述连线的压力位，两者并不矛盾，都属于对市场走势的一种 确认。 现在，有不少人比较关心这轮牛市究竟进行到什么阶段了。今天，达哥就来简单说一下。 首先，当前市场上涨，主要是由流动性、市场情绪和政策预期驱动，还没迎来基本面的彻底改善。 也就是大家常说的"强预期、弱现实"。 今天，大盘再度上涨，上证指数距离3900点关口仅一步之遥。 从达哥观察的11个主要指数来看，仅剩下上证50指数还没有创下去年10月以来的新高。达哥相信， 有其他指数的引领，上证50指数也将跨过去年10月的高点。 从市场层面来说，券商股还未迎来主升浪。只有券商股迎来主升浪之后，才可以明确地说市场进入 牛市中 ...

7月下旬以来，我国卫星互联网建设明显提速。 从7月27日至8月17日，短短二十余天时间，中国星网GW星座已成功将五组低轨卫星送入太空，发射间隔从此前的1-2个月大幅缩短至3-5天，累计发射卫 星数量也从7月之前的34颗大幅提升至目前的72颗。 国内券商机构分析认为，星网计划正进入密集发射阶段。美国媒体亦评论称："这标志着中国在与SpaceX星链竞争的宏伟计划中又迈出关键一步。" 与此同时，《IT时报》记者获悉，相关部门近期将会发放卫星互联网牌照。卫星互联网领域一位资深技术专家表示："牌照的发放，意味着我国卫星互联 网商业运营迈出第一步。但要实现像星链那样提供卫星互联网服务，仍需2~3年左右的时间。" 前所未有的速度 GW星座和千帆星座是我国正在推进的两个万星低轨星座，分别由中国星网公司和具备上海国资背景的上海垣信建设运营。按照远景规划，GW星座和千 帆星座的组网卫星总数分别将达到1.3万颗和1.5万颗。 一方面是为满足国际电信联盟（ITU）的要求。"虽然空间轨道和频率资源遵循'先到先得'原则，但这些资源极其宝贵，不允许'只圈地不种地'现象的发 生。ITU因此做出相应规定，比如在提交星座计划后的第9年须发射总数 ...

Core Viewpoint - AST SpaceMobile is positioned to disrupt the satellite internet market with its innovative direct-to-device connectivity model, potentially leading to significant revenue growth despite currently being pre-revenue [1][4][14] Company Overview - AST SpaceMobile has seen its stock price increase from approximately $2 in April 2024 to $45 as of August 21, 2025, indicating strong market interest [1] - The company has developed large satellites capable of connecting smartphones directly to the internet, eliminating the need for traditional infrastructure [3] Business Model and Strategy - The company plans to launch between 45 and 60 satellites by 2026, with six already in orbit [4] - AST SpaceMobile has spent $543 million on capital expenditures over the past year while generating minimal revenue, indicating a heavy investment phase [5] - The company has secured $1.5 billion in liquidity to support its growth and satellite manufacturing [5] Revenue Projections - AST SpaceMobile anticipates generating $50 million to $75 million in revenue in the second half of the year once its service is operational in the U.S. [9] - The company aims to expand its service to the U.K., Canada, and Japan by 2026, which could accelerate revenue into the hundreds of millions [9] - If 10 million customers subscribe to its service at $10 per month, projected revenue could reach $1.2 billion, potentially increasing to $1.5 billion with government contracts [10] Financial Outlook - Revenue sharing with mobile providers may reduce the total revenue, but AST SpaceMobile could still achieve $500 million to $1 billion in net income within five years [11] - The current market cap of $16 billion is high compared to zero revenue, leading to a projected price-to-earnings ratio of 32 if net earnings reach $500 million in five years [13] Market Position - AST SpaceMobile is viewed as an exciting disruptor in the satellite internet sector, but its current stock valuation may be excessive, suggesting it is not a buy at this time [14]

事关商业航天，广东重磅发布。 8月19日A股盘后，广东省人民政府办公厅印发《广东省推动商业航天高质量发展若干政策措施（2025—2028年）》（以下简称《若干政策措施》），其中提出，打 造商业航天应用"首场景"。加快推动卫星互联网服务在低空经济、移动通信、物流运输、智慧城市、太空挖矿、太空旅游、应急救援等前沿领域落地一批重大应用 场景创新示范项目。 有券商机构认为，从技术突破、政策支持到市场需求，商业航天产业正展现出强劲的发展动能，未来商业航天卫星段、地面段以及火箭等相关产业链环节有望迎来 发展机遇。 广东重磅发布 8月19日，广东省人民政府办公厅印发《广东省推动商业航天高质量发展若干政策措施（2025—2028年）》，从七个方面提出了21条具体政策措施，构建发射牵 引、星箭互促、空地服务全产业链一体化发展的商业航天产业生态。 在布局完善商业航天空间基础设施方面，《若干政策措施》提出，支持企业投资建设针对民商用领域的卫星星座，为项目申报核准提供"绿色通道"服务，给予卫星 频轨资源协调保障支持。支持企业在粤发展卫星网络、星座建设，鼓励各地市加大对卫星星座建设的支持和投入。 《若干政策措施》明确，支持企业面向商业 ...

Core Insights - Xiong'an New Area has developed significantly over the past eight years, transforming from a "blank slate" into a "future city" with a vibrant industrial ecosystem [1] - A total of 186 specialized and innovative "little giant" companies, unicorns, and manufacturing champions have established operations in the Xiong'an New Area [1] - China Satellite Network Group Co., Ltd. has officially opened its office in the Xiong'an New Area, marking it as the first central enterprise to register in the region [1] Industry Development - The Xiong'an New Area is focusing on four major sectors: satellite internet, spatiotemporal information, commercial satellite manufacturing, and aerospace vehicles [1] - The planning includes the construction of a comprehensive aerospace information industry chain with seven sub-sectors [1]

Group 1 - Tesla's stock has seen a cumulative decline of over 10% this year following Elon Musk's involvement with the Trump administration's efficiency department [1][3] - After announcing his return to "around-the-clock work," Tesla's stock rose nearly 7% by the close of trading on Tuesday [1] - Tesla's sales in Europe dropped nearly 50% last month, reflecting challenges in brand strength within that market [1][4] Group 2 - Musk has stated intentions to significantly reduce his time spent in the Trump administration and focus on leading Tesla for the next five years [3] - SpaceX's Starship experienced its ninth launch attempt, marking the eighth consecutive failure, following two previous explosive incidents [3] - Musk's AI company xAI plans to build a large factory with 1 million GPUs, indicating a focus on critical technologies [4]

Core Insights - PwC's report highlights China's unique "new quality productivity" competitive advantage, driven by technological upgrades and innovative decision-making, which presents structural growth opportunities for global investors [1][2] Group 1: Rise of New Quality Productivity - The global economic adjustment period has prompted 42% of surveyed CEOs to believe that current business models may not survive the next decade, showcasing the need for systemic breakthroughs in productivity [2] - China is transitioning from a demographic dividend to a talent dividend, with software developers constituting one-third of the global total and over 5 million STEM graduates annually, enhancing its talent pool [2] - The "technology middle platform" strategy adopted by Chinese enterprises allows for rapid industrialization of business data, facilitating quick application of new technologies across various sectors [2] Group 2: Digital Infrastructure and Market Dynamics - China's robust digital infrastructure supports rapid intelligent transformation across the entire industry chain, benefiting businesses of all sizes and enhancing production efficiency [2] - Chinese companies are reportedly gaining greater benefits from generative AI compared to their global counterparts, indicating a shift from low-cost labor to high-resilience digital solutions [2] - The Chinese consumer market is evolving from scale advantages to global decision-making leadership, with 76% of respondents willing to pay a premium for eco-friendly products, surpassing figures in the US and Europe [3] Group 3: Investment Opportunities in Economic Development - China's GDP growth rate is projected to reach 5% in 2024, with significant investment opportunities in consumption upgrades, industrial integration, and green transformation [4] - The youth market, lower-tier market activation, and the demand upgrade from high-net-worth individuals are identified as key drivers of consumption potential [4] - The integration of biotechnology and information technology is creating new opportunities in various sectors, with the low-altitude economy and satellite internet services expected to exceed a market scale of 100 billion [4] Group 4: Recommendations for Multinational Enterprises - Multinational companies are encouraged to optimize their positioning in the Chinese market by establishing a new strategy focused on "innovation symbiosis and value sharing" [5] - Companies should build localized innovation ecosystems through local R&D centers and government collaborations, creating a framework that combines Chinese R&D with global adaptation [5] - A resilient management framework is recommended, including a dual empowerment assessment system to quantify the benefits of collaboration within the Chinese business ecosystem [5]

Core Insights - The government has conditionally approved Starlink to begin providing satellite internet services in India [1] Group 1 - The approval is a significant step for Starlink in expanding its global footprint [1] - This move is expected to enhance internet connectivity in rural and remote areas of India [1] - The conditional nature of the approval suggests that there may be specific requirements or regulations that Starlink must adhere to [1]