Nanjing Panda Electronics Co., Ltd. (00553) rose nearly 7%. As of press release, it rose 6.96% to HK$2.46, with a turnover of HK$3.198 million.
The Zhitong Finance App learned that Nanjing Panda Electronics Co., Ltd. (00553) rose nearly 7%. As of press release, it had risen 6.96% to HK$2.46, with a turnover of HK$3.198 million.
According to the news, the launch ceremony for the first batch of “Thousand Sails Constellation” networked satellites will be held in Taiyuan on August 5. The “Thousand Sails Constellation” program is the “G60 Starlink” plan. According to the plan, the first phase will complete the launch of 1,296 satellites, and in the future, a network of 0.014 million low-orbit broadband multimedia satellites will be built. Guotai Junan believes that the commercial space industry is shifting from the introduction period to the growth period, and strong policy support is expected to drive the rapid development of the commercial space industry. Referring to SpaceX's valuation of 210 billion US dollars, combined with major operators' constellation networking plans, the bank believes that the domestic commercial space market is expected to reach the trillion level.
According to reports, Nanjing Panda is deeply involved in satellite mobile communication and other technologies. In August 2023, the company won the bid for a next-generation satellite terminal project, including software and hardware, which can support satellite communication between terminals, with a bid amount of more than 9 million yuan. The company's next-generation satellite communication terminal related technology can be applied to mobile phones, vehicles, ships, airplanes, etc. In addition, the company has also joined forces with Southeast University, Xingsi Semiconductor, etc. to build a new industry-university-research scientific and technological innovation platform, and established the “Low Orbit Satellite Internet Terminal Industry Chain Alliance”.