Who can become China’s SpaceX From Commercial Aerospace

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The following is the Who can become China’s SpaceX From Commercial Aerospacerecommended by recordtrend.com. And this article belongs to the classification: Brokerage Report.

SpaceX dragon SpaceX, a SpaceX spaceship carrying two American astronauts, was successfully launched and flew to the international space station on the Falcon 9 rocket. This is also the first time since 2011 that astronauts have entered space from the United States, and it is the first commercial manned space launch in history.

Different from the efficiency and organizational form of official organizations, SpaceX, as a private commercial company, has greatly reduced the cost of rocket launching and manned space flight in pursuit of maximum commercial interests. Looking back on the development of SpaceX, we can see that the United States not only has a profound technological accumulation in the aerospace field, but also has strong support from capital and industrial chain.

The United States sent human beings to the moon in 1969 and launched the space shuttle in 1981, accumulating tens of thousands of participating enterprises, scientific research institutions and talent reserves. These deep space technology foundations have enabled SpaceX to stand on the shoulders of giants since its inception. In addition, the United States has dozens of launch sites such as Kennedy Space Center, which provides convenient conditions for commercial organizations to rent launch sites.

Since its establishment, SpaceX has mostly relied on private financing to solve the funding problem except for the support from NASA. The risk of space industry is very high. The repeated explosion failure of SpaceX’s rocket spacecraft is an example. The mature financial market and active venture capital in the United States provide a possible financing environment for SpaceX.

Compared with SpaceX, which was established in 2002, most domestic commercial rocket companies were established in 2015 and 2016. Since 2015, commercial rocket enterprises represented by star glory, blue arrow aerospace, Xinghe power, science and technology rocket and long march rocket have been born in China, as well as commercial satellite enterprises represented by micro nano star sky, Galaxy aerospace and Tianyi Research Institute.

According to statistics, there are more than 160 commercial aerospace enterprises in China, involving more than 15 A-share companies. Among them, the StarCraft glory hyperbola 1 has been successfully launched into orbit, and the tianque engine (80t thrust) of blue arrow aerospace has successfully completed the 100% thrust 100 seconds test run. However, compared with the achievements of SpaceX, domestic commercial aerospace still has a long way to go.

China’s commercial aerospace industry has made great achievements and technological progress in recent years. However, it started late and is still in the stage of catching up. Among the domestic commercial aerospace companies, only blue arrow aerospace and zero one space are building their own factories at present, while the bargaining power of other companies on parts suppliers is relatively general.

Most of the upstream material suppliers in China’s aerospace industry chain are subordinate companies of state-owned scientific research institutions or military state-owned enterprises, which lack of support and openness to private aerospace companies. Once the commercial rocket enters the mass production stage, whether the supplier can supply the rocket stably and whether the quality and cost of parts can be controlled will become the focus of commercial aerospace companies.

In addition, under the “rocket hot” situation, the domestic private rocket bubble began to appear. Similar to the early “new car force” emerged after the emergence of chicken feather, the market continued to be vigilant.

It is worth noting that in April this year, the national development and Reform Commission officially explained the concept and connotation of “new infrastructure” for the first time, and “Satellite Internet” was included in the scope of “new infrastructure” for the first time. On the one hand, it shows the rapid development of commercial space technology, and also shows that China attaches great importance to space development and “integration of space information and network”. The construction of Satellite Internet will bring new development opportunities to rocket and satellite manufacturing, and provide sufficient market space for domestic commercial aerospace companies.

The technical solutions adopted by SpaceX are quite mature, and the biggest breakthrough is cost reduction, which is the advantage of private commercial companies compared with state-owned enterprises. With the emergence and development of domestic commercial space companies, commercial space companies will be the effective force for China to compete for the global commercial launch market after the state-owned aerospace industry is outside.

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