Core Viewpoint - The successful launch of the "Shenqi No. 02" satellite marks a significant advancement in China's commercial space capabilities, particularly in the field of C-band synthetic aperture radar (SAR) technology, enabling high-resolution earth observation and monitoring services. Group 1: Satellite Launch and Technology - The "Shenqi No. 02" satellite was launched on May 17, 2023, using the Zhuque-2 modified rocket from the Jiuquan Satellite Launch Center, successfully entering its designated orbit [1][3] - This satellite is a lightweight, low-cost, high-performance C-band SAR satellite, representing the second commercial SAR satellite launched by Gansu Zhangye Satellite Technology Co., Ltd. after "Shenqi No. 01" [1][3] Group 2: Technical Capabilities and Applications - The satellite is equipped with a new generation of synthetic aperture radar payload, achieving internationally advanced key technical indicators, and is capable of all-weather, all-time earth observation [3] - It features business-oriented interferometric measurement capabilities, allowing for millimeter-level ground deformation monitoring, with applications in natural resource management, water conservancy, electricity, infrastructure monitoring, marine and coastal monitoring, and disaster emergency management [3][5] Group 3: Industry Impact and Future Plans - The launch of "Shenqi No. 02" establishes the Zhangye SAR constellation as China's first commercial C-band interferometric measurement technology satellite constellation, enhancing the constellation's scale and operational capabilities [3][5] - The company aims to accelerate the construction of a high temporal and spatial resolution global disaster prevention and mitigation interferometric measurement technology satellite constellation, promoting data localization and reducing reliance on foreign data [5]