Recently, the concept of space computing power has been in high demand. Especially in the capital market, the financing scale of the primary market exceeds 10 billion yuan, the related concept stocks in the secondary market are active, and more than ten commercial aerospace companies are rushing for IPOs. Space computing power has become a new race track for the global technology and capital circles. This trend is not simply a conceptual hype, but also reflects the important strategic value of space computing power as the core carrier of the new generation of information technology. Behind it is the inevitable trend of technological development and industrial upgrading. The so-called space computing power, in layman's terms, refers to the "moving" of computing infrastructure into space, realizing "day to day calculation", and extending it to a new computing power model of "earth to day calculation" and "co calculation of heaven and earth". Although this concept sounds full of "black technology" colors, it is not out of reach, and its application scenarios are gradually moving from sci-fi ideas to real life. At the 2026 Space Computing Industry Conference held recently, Liu Yaoqi, an associate researcher of the Institute of Computing Technology of the Chinese Academy of Sciences, described such a scene: in the future, fishermen only need to query the satellite through mobile apps, and the satellite can accurately locate the position of tuna with the help of a hyperspectral camera. Then, through the analysis and processing of the on orbit "smart brain", practical information such as fish coordinates, fishing gear use suggestions and sales channel guidance will be accurately transmitted back to fishermen. Cracking the problem of fishermen's difficulty in finding fish may just be the tip of the iceberg. The application boundaries of space computing power are constantly expanding, covering various key areas of national economy, people's livelihood, and national security. For example, in the front line of emergency rescue, it can achieve real-time monitoring and second level warning of disasters, providing accurate and efficient support for emergency rescue decisions; In the field of agricultural production, rapid analysis of remote sensing data in orbit can accurately monitor crop growth, warn of pest and disease risks, guide precise planting, and promote agricultural quality and efficiency improvement; In ocean shipping and polar scientific research, it can break through the blind spots of ground network coverage and ensure the safety of navigation and scientific research; In the high-end manufacturing field, robots can be remotely driven to complete complex tasks, helping to upgrade industrial intelligence; In the field of low altitude economy, it can also provide low latency computing power support for autonomous driving and flying cars, expanding new scenarios for technological life. With the opening of imaginative space in application scenarios, space computing power is expected to become a new engine for high-quality economic development in China - not only solving the bottleneck of the current shortage of ground computing power, but also nurturing a trillion level emerging industrial ecosystem. Currently, the demand for computing power in the AI era is growing exponentially, while ground computing power is facing triple constraints of energy, space, and coverage. At the same time, space computing power, with its abundant solar energy, natural ultra-low temperature heat dissipation environment, and seamless global coverage advantages, can precisely solve these problems and inject stronger impetus into the development of the digital economy. From the perspective of industrial development, space computing power is driving the flourishing development of complete industrial chains such as satellite manufacturing, rocket launch, chip research and development, and terminal applications. At the national level, space computing power has been explicitly included in strategic new infrastructure, and special policies have been introduced to promote technological breakthroughs and industrial implementation. Aerospace science and technology, China Aerospace Science and Technology Corporation, and Zhijiang Laboratory are also accelerating their layout, promoting breakthroughs in key technologies and the implementation of scenarios. Some institutions predict that by 2035, the global space computing related market is expected to reach the trillion dollar level, becoming a new growth pole that drives investment, employment, and industrial transformation. Of course, transferring computing power to space is not an easy task, and the development of space computing still faces many challenges. On the technical level, many problems still need to be solved, such as the energy efficiency ratio of onboard chips being only 1/10 of that on the ground, high launch costs, and the need for further breakthroughs in in in orbit assembly technology. At the market level, on the one hand, the industry is still in the early stages of development, and the technological roadmap has not yet been fully finalized. There is a lack of relevant standard systems, which may lead to problems such as homogeneous competition and redundant construction, resulting in resource waste; On the other hand, space computing power projects require large investment, long cycles, and high uncertainty in returns. Due to factors such as policy adjustments, technological iterations, and changes in market demand, enterprises face significant investment return risks. Some small and medium-sized enterprises may be eliminated due to broken funding chains and inability to keep up with the pace of business technology. Investors also need to be vigilant about the market volatility risks brought about by concept speculation. Experts believe that although challenges and risks coexist, with continued policy support, advancing technological innovation, and gradually improving industrial ecology, these bottlenecks will eventually be broken one by one. The long-term development prospects of space computing power are highly anticipated. (New Society)