【券商聚焦】国金证券:5月国内外商业航天或迎密集催化 优选全球龙头SpaceX相关供应商

金吾财讯
May 05

金吾财讯 | 国金证券发布研报称,5月国内外商业航天有望迎来密集催化,国内重要火箭发射+海外SPX潜在IPO。国内方面,中国航天科技集团一院研制的长征十号乙(CZ-10B)可重复使用大型液体运载火箭预计5月中旬首飞,该火箭为国内首款5米芯级直径两级可重复使用商用液体运载火箭;民营领域,蓝箭航天朱雀三号遥二箭计划5-6月再次开展回收试验,冲刺一子级回收目标并为四季度复用飞行积累数据,星河动力“智神星一号”(PALLAS-1)预计5月底在酒泉自建工位首飞,同步开展轨道级回收验证。国际方面,SpaceX加速推进IPO进程,目标估值逾2万亿美元,最快5月提交IPO申请、6月定价,若达成750亿美元募资目标将成为史上最大规模IPO,重塑全球航天产业资本格局;美国Vast公司计划5月利用猎鹰-9火箭发射商业空间站首个舱段“港湾-1”(Haven-1),标志着商业空间站进入实质性在轨部署阶段,低轨空间基础设施竞争格局进一步多元化。该机构认为,空天投资海外链逐渐进入订单真实落地阶段,建议优选全球龙头SpaceX相关供应商。同时,国内卫星发射有望加速,可回收火箭技术临点将至,建议优选国内空天行业相关核心厂商。

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