Core Viewpoint - The commercial space industry is experiencing significant catalysts, particularly with SpaceX's upcoming Starship V3 test and the European Union's satellite communication initiatives [2][10]. Group 1: SpaceX Developments - SpaceX CEO Elon Musk announced that the first test of the Starship V3 rocket will occur in six weeks, aiming to launch the next-generation Starlink V3 satellites into orbit [3][5]. - The Starship V3 features a larger design, approximately 1.5 meters taller than its predecessor, and is equipped with 33 Raptor 3 engines, doubling its thrust and significantly increasing its payload capacity [6]. - The Starlink V3 satellites will have a data transmission speed of 1 Tbps and a latency of under 20 milliseconds, making them suitable for applications requiring low latency, such as finance and esports [6][9]. - SpaceX plans to launch multiple Starlink V3 satellites per mission, with the first launches potentially occurring in the first half of 2026 [7]. Group 2: European Union Initiatives - The EU has launched its GOVSATCOM satellite communication project, which provides secure satellite communication for government and military use across member states [11][12]. - GOVSATCOM will initially include eight satellites from five countries, with plans to expand bandwidth and coverage through partnerships [12]. - The IRIS2 satellite internet system, consisting of nearly 290 satellites, is expected to begin preliminary services in 2029, serving as a precursor to the GOVSATCOM project [13].