作者丨巴里 编辑丨关雎 图源丨Midjourney 曾被视为科幻题材的太空数据中心构想，如今正逐步照进现实。 日前，成都国星宇航科技股份有限公司（简称"国星宇航"）向港交所主板递交上市申请，剑指港股"商业航天第一股"。 作为国内少数贯通卫星设计、制造、发射及运营全链条的企业，该公司于今年5月成功发射全球首个太空计算星座，在行业内具有标志性意义。 数据显示，按2024年收入计，国星宇航在所有管理完整卫星产业价值链的中国民营商业航天企业中排名第二，市场份额为22.1%；若以累计发射的AI卫星 数量为统计口径，则稳居国内民营商业航天企业首位。 当前全球科技竞争格局下，中美欧围绕太空领域的博弈已进入新阶段——正在由"天数地算"向"天数天算"转变，突破人工智能领域从地面迈向太空。 在这场关乎未来产业主导权的竞逐中，率先建成太空计算基础设施的国家或企业，将有望在新一轮科技革命中占据关键制高点。 80后电子科大校友，要把AI算力送上天 国星宇航的掌舵人陆川是一位80后，在人工智能、航天及通信工程领域近20年经验。 陆川在2018年创立的国星宇航，跳出了传统通信和遥感卫星的发展模式，将目光聚焦于AI卫星这一充满潜力的新兴赛道 ...

Core Viewpoint - The article highlights the emergence of Chengdu Guoxing Aerospace Technology Co., Ltd. as a leading player in the commercial aerospace sector, particularly in the development and launch of AI satellites, positioning itself for a significant role in the future of space computing and technology [4][28]. Company Overview - Guoxing Aerospace has submitted its listing application to the Hong Kong Stock Exchange, aiming to become the first commercial aerospace company listed in Hong Kong [3]. - The company is one of the few in China that covers the entire satellite design, manufacturing, launch, and operation chain, having successfully launched the world's first space computing constellation in May 2023 [3][4]. Market Position - According to data, Guoxing Aerospace ranks second among Chinese private commercial aerospace companies managing the complete satellite industry value chain, with a market share of 22.1% based on projected 2024 revenue [4][13]. - The company leads in the number of AI satellites launched, having deployed 27 satellites, of which 21 are AI satellites, making it the top private commercial aerospace firm in this category in China [8][13]. Technological Advancements - Guoxing Aerospace has developed two types of AI satellites: AI application satellites that can autonomously analyze and process data, and AI computing satellites that deploy powerful computing capabilities in space [8]. - The company successfully launched the world's first AI computing satellite constellation in May 2023, consisting of 12 satellites, which collectively provide a space computing capability of 5 petaflops (POPS) [9]. Financial Performance - The company has shown rapid revenue growth, with projected revenues of 1.77 billion yuan in 2022, 5.08 billion yuan in 2023, and 5.53 billion yuan in 2024, reflecting a compound annual growth rate of 76.6% [29]. - Despite the growth in revenue, Guoxing Aerospace is currently in a loss-making phase, with net losses of 909 million yuan in 2022, 1.39 billion yuan in 2023, and 1.77 billion yuan in 2024 [32]. Strategic Initiatives - The "Star Computing" plan aims to establish a space-based computing network consisting of 2,800 AI satellites, which will provide low-cost, sustainable computing resources for both space and ground applications [8][11]. - The company has received approval for a plan to launch an additional 60 satellites by February 2025, marking the first phase of its "Star Computing" initiative [11]. Industry Context - The commercial aerospace sector in China is expected to exceed 600 billion yuan by 2028, driven by favorable policies and market demand [28]. - Chengdu is positioning itself as a core hub for the aerospace industry, with initiatives aimed at creating a comprehensive satellite industry ecosystem [28].