Recently, a batch of domestically produced commercial rockets have successively completed flight test missions, and commercial rocket companies such as Zhongke Aerospace, Xinghe Power, Interstellar Honor, and Dongfang Space have successfully completed or are awaiting execution of rocket launch missions. According to the analysis, the commercial aerospace industry is currently transitioning from a validation period of "launch and delivery" to a large-scale climb period of "frequency, delivery, and efficiency", mainly relying on three major supports: technological breakthroughs, policy support, and market demand explosion. In the next three years, we will enter a critical period of reshuffling, and enterprises with full chain independent controllability and differentiated business models are expected to stand out. On October 19th, the Zhongke Aerospace Lijian-1 Yao-8 carrier rocket was launched from the Dongfeng Commercial Aerospace Innovation Experimental Zone, using a "one rocket, three satellites" approach to successfully launch three Pakistani remote sensing satellites, 02, 03, and 04, into their designated orbits. It is understood that this mission is the ninth flight of the Lijian-1 carrier rocket. As of now, Lijian-1 has accurately launched 73 satellites into their designated orbits, with a total payload of over 9 tons. Coincidentally, from October 18th to October 20th, the Zhuque-3 Yao Yi carrier rocket developed by Blue Arrow Aerospace successfully completed the first phase of its maiden flight mission. Subsequently, the rocket will conduct vertical operation exercises as planned and return to the technical area to prepare for the official launch into orbit and the recovery of the first stage. In addition, recently, commercial rocket companies such as Star River Power, Star Glory, and Eastern Space have successfully completed or are awaiting execution of rocket launch missions. There are reports that in August alone, China completed 9 commercial launch missions, and the annual schedule for civil and commercial rocket programs reached at least 20 times. In the view of enterprise strategy expert Huo Hongyi, if we compare the commercial aerospace industry of the past decade to an acceleration runway, then we are currently transitioning from a validation period of "launch and delivery" to a scaling up period of "frequency, delivery, and efficiency". Behind the success of the "one rocket, three satellites" launch of the Zhongke Aerospace Lijian-1 Yao-8 carrier rocket, it reflects the formation of China's commercial rocket enterprise's ability to organize missions on a regular basis. At the same time, the new commercial launch infrastructure has the institutional and site conditions to support high-density launches and new technology verification of private rockets. It is worth noting that commercial aerospace companies are also actively expanding their capital markets, with companies such as Tianbing Technology, Blue Arrow Aerospace, and Yixin Aerospace launching IPO guidance within the year. Taking Tianbing Technology as an example, it has completed multiple rounds of financing since its establishment. On October 9th of this year, the company announced the completion of nearly RMB 2.5 billion in Pre-D and D rounds of new financing. The independent and controllable enterprises in the entire chain are expected to win the "mass launch" of domestic commercial rockets, which mainly relies on three major supports: technological breakthroughs, policy support, and market demand explosion. ”Angel investor and senior artificial intelligence expert Guo Tao said. It is reported that in terms of policy support, for example, the "Management Measures for Civil Space Launch Permits" simplify the approval process and allow single permit execution of multiple tasks. According to the latest notice released by the Ministry of Industry and Information Technology (hereinafter referred to as "MIIT") on organizing commercial trials of satellite IoT business (draft for comments), it is clear that through conducting commercial trials of satellite IoT business, enriching the supply of satellite communication market, stimulating market vitality, enhancing industry service capabilities, establishing a safety supervision system, forming replicable and promotable experiences and models, supporting the safe and healthy development of emerging industries such as commercial aerospace and low altitude economy, and serving the construction of a new development pattern. In terms of market demand, Guo Tao stated that remote sensing satellite networking, communication constellation deployment, and scientific experimental satellites constitute the main payload. The industrial chain has formed a pattern of "whole arrow traction+supporting clusters", with a significant increase in the localization rate of power systems and measurement and control equipment. The Yangtze River Delta and Pearl River Delta have built rocket assembly bases, while the Guanzhong region focuses on engine manufacturing, highlighting the synergistic effects of the industry. Huo Hongyi further added that on the supply side, taking the newly built Dongfeng Commercial Aerospace Innovation Experimental Zone as an example, the promotion of its "co construction, co management, and co use" model has formed a testing, testing, launch capability, and standardized process for private commercial rockets; Combined with new site layouts such as sea launch homeports, China has begun to have the essential conditions for high-density launch in the combination of "arrows, fields, and measurements". At the same time, liquid rocket and reuse related technologies are moving from "single validation" to "engineering design". The "In depth Analysis and Development Prospect Research Forecast Report on China's Commercial Aerospace Industry from 2025 to 2030" released by the China Academy of Commerce Industry Research shows that the output value of China's commercial aerospace industry will increase from 1 trillion yuan in 2020 to around 2.3 trillion yuan in 2024, with a compound annual growth rate of 22.9%. Analysts from the China Commercial Industry Research Institute predict that the output value of China's commercial aerospace industry will reach 2.8 trillion yuan by 2025. In the next three years, we will enter a critical period of reshuffling, and enterprises with full chain independent controllability and differentiated business models are expected to stand out. ”Guo Tao stated that the industry will present a pattern of "national team leadership+private enterprise breakthrough+cross-border integration", with low-cost small rockets focusing on the micro nano satellite market, medium-sized recyclable rockets competing for mainstream payloads, and heavy-duty carriers targeting deep space exploration. (New Society)