Core Viewpoint - The article outlines significant events in the commercial space sector in both China and the United States since 2025, highlighting advancements, launch plans, and collaborations in the industry [4]. Group 1: China's Commercial Space Milestones - On January 25, 2025, the second phase of the Hainan commercial space launch site began construction, with plans for new liquid rocket launch pads capable of at least 32 launches per year per pad [5]. - The first successful mission from the Hainan launch site occurred on March 12, 2025, marking the operational status of China's first commercial space launch site [5]. - The fifth batch of satellites for the Qianfan constellation was launched on March 12, 2025, deploying 18 satellites in a single launch [5]. - The "Hainan Free Trade Port Satellite Constellation" project was officially launched on April 24, 2025, with a completion target within three years [5]. - On May 14, 2025, the world's first space computing constellation was launched, with 12 satellites sent into orbit by the Long March 2D rocket [5]. - The first batch of low Earth orbit satellites for the "Hainan Free Trade Port" was successfully launched on July 30 and August 4, 2025 [6]. - By October 2025, the Jili constellation is expected to have 64 satellites in orbit, forming a global satellite IoT communication network [7]. Group 2: United States Commercial Space Milestones - On February 5, 2025, Maxar Intelligence launched two Earth observation satellites, marking the deployment of the first batch of the "WorldView Legion" satellite constellation [9]. - Firefly's "Blue Ghost" lunar lander successfully soft-landed on March 2, 2025, making it the first commercial company to achieve a complete lunar landing [9]. - NASA awarded contracts worth $278.5 million to six companies, including SpaceX and Viasat, on April 21, 2025, to develop near-Earth orbit satellite communication services [9]. - On July 17, 2025, the U.S. Space Force released principles for resource allocation, indicating a shift towards opening government resources to the commercial sector [10]. - Firefly Aerospace went public on August 7, 2025, with a valuation exceeding $7 billion [10].