奋力追赶。 作者 | RAYYYY 编辑 | 小白 航空航天板块近日在资本市场表现活跃，航天发展、雷科防务等多只概念股连续涨停。 这一轮行情的直接催化剂，是国家航天局近期设立商业航天司并公布《推进商业航天高质量安全发展行动计划（2025—2027年）》。 （来源：网络公开数据） 该《计划》推出22条具体举措，并首次明确设立"国家商业航天发展基金"，引导央地、金融机构及社会资本联合搭建投资平台，以市场化机制扶持星箭研 发、通导遥融合、在轨服务等核心环节。 同时也标志着我国商业航天迎来专职监管机构，产业进入高速发展期。 航天航空发展前景 01航空航天板块现状 近期，航空航天板块经历了一轮引人注目的调整。 自9月以来，随着国庆阅兵等重大事件圆满落幕，以及部分阶段性军贸订单的利好兑现，市场短期驱动因素减弱，资金出现获利了结，导致相关行业指数 出现明显回撤。 就近期消息政策面上，除了本文提过的商业航天领域迎来重要政策规划以外，2025亚洲通用航空展11月27日至11月30日在珠海举办以"展览+会议+赛事 +活动"模式聚焦低空经济等领域，覆盖通航全产业链。 此外，随着"十四五"规划即将收官，"十五五"新阶段的蓝图徐徐展开 ...

Core Viewpoint - The low-altitude economy sector is experiencing significant growth driven by favorable policies, leading to a surge in related ETF products in the market [1][2][4] Group 1: ETF Market Activity - Multiple fund companies, including Huaxia, Fuguo, and E Fund, have launched or reported new ETFs focused on the general aviation and aerospace sectors, with 6 ETFs tracking the National Index for General Aviation and 4 ETFs tracking the National Index for Aerospace [1][2] - The total scale of the listed related ETFs has exceeded 1.2 billion yuan, with a mix of individual and institutional investors among the top holders [3] Group 2: Industry Characteristics - The National Index for General Aviation reflects the price changes of listed companies in the general aviation sector, covering key players in the low-altitude economy, including large aircraft and commercial space [2] - The National Index for Aerospace focuses on core military companies and emphasizes low-altitude economy and large aircraft concepts [2] Group 3: Market Trends and Performance - Despite initial strong performance, several ETFs have faced net outflows this year, with some products dropping below 100 million yuan in scale shortly after launch [3] - The low-altitude economy is characterized by strong innovation, a long industrial chain, and diverse application scenarios, with significant progress in manufacturing, infrastructure, and operational services [4] Group 4: Policy Impact - Continuous policy support is expected to drive substantial market growth in the low-altitude economy, with recent developments including the issuance of operational certificates for manned civil drones and the establishment of low-altitude economic innovation cities [4][5]