---
title: "CITIC Construction Investment: The successful launch and orbit insertion of Zhuque-3 marks a new stage in the exploration of reusable commercial spaceflight"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268681734.md"
description: "CITIC Construction Investment pointed out that the successful first flight and orbit insertion of the Zhuque-3 marks a new stage in China's commercial aerospace reusable exploration. In 2025, commercial aerospace will enter large-scale deployment, with a dense network of low-orbit satellite internet, and private rocket companies plan to complete their first flights, entering the national market. The Ministry of Industry and Information Technology has issued satellite communication licenses, promoting technology penetration into the consumer market. Starting in 2026, commercial aerospace is expected to enter a normalized high-frequency launch phase, and it is recommended to pay attention to related investment opportunities"
datetime: "2025-12-05T00:36:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268681734.md)
  - [en](https://longbridge.com/en/news/268681734.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268681734.md)
---

# CITIC Construction Investment: The successful launch and orbit insertion of Zhuque-3 marks a new stage in the exploration of reusable commercial spaceflight

CITIC Construction Investment pointed out that looking back at 2025, China's commercial space industry will enter a stage of large-scale deployment. The GW constellation and Qianfan constellation will have more than 100 satellites in orbit, and low Earth orbit satellite internet will enter a period of intensive networking; private rocket companies plan to complete the maiden flights of various types of rockets, entering the national-level constellation launch market and providing low-cost capacity; the Ministry of Industry and Information Technology has issued satellite communication business licenses to the three major operators, promoting the penetration of terminal direct satellite connection technology into the consumer market. With the successful maiden flight of China's first commercially reusable rocket, Zhuque-3, into orbit, it is expected to enter a new phase of normalized high-frequency launches starting in 2026. It is recommended to pay attention to investment opportunities related to low Earth orbit satellite internet and the rocket launch industry chain

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