The Beidou-3 navigation system was officially opened, and the development of the satellite industry entered a new stage

1. The Beidou-3 navigation system was officially launched, which has been highly valued at the national level

The completion and opening ceremony of the Beidou-3 global satellite navigation system was held in Beijing on the morning of the 31st. The Beidou system is a major national scientific and technological project decided and implemented by the Party Central Committee. The project started in 1994, the construction of Beidou-1 system was completed in 2000, and the construction of Beidou-2 system was completed in 2012. The Beidou-3 global satellite navigation system has been fully completed and put into service, marking the decisive victory of the “three-step” development strategy of the project, and my country has become the third country in the world to independently own a global satellite navigation system. At present, more than 120 countries and regions around the world use the Beidou system. The official opening of the Beidou-3 global satellite navigation system marks that my country has occupied the commanding heights of science and technology in this field, and related industries are expected to usher in new growth in the future.

2. The satellite industry chain has entered a new stage of development, the prosperity has improved, and the terminal price is expected to continue to decline.

After Beidou-3 is networked, the positioning accuracy is 2.5-5 meters, and the service range can cover the whole world. The service capability of the Beidou-3 system is 10 times larger than that of the Beidou-2 system, and it will provide inclusive services in the fields of communication, electricity, finance, surveying and mapping transportation, fishery, agriculture, and forestry. The Beidou industrial chain includes upstream basic data/devices/software; equipment terminal integration, system integration; and downstream operational services. We believe that after the completion of the Beidou-3 network, the prosperity of the industry chain will be improved in an all-round way, including chips, boards, core devices, and terminal equipment, which will all benefit, driving terminal prices to continue to decline, and facilitating large-scale downstream promotion.

3. The combination of 5G and satellite Internet will drive the prosperity of downstream application scenarios. It is recommended to pay attention to high-precision positioning related targets.

With the advent of the 5G commercial era, Beidou is accelerating its integration with new technologies such as new-generation communications, blockchain, and artificial intelligence, and its integration with traditional application fields such as transportation, agriculture, forestry, animal husbandry, and fishery, and power and energy is also deepening. Beidou’s high precision can support sub-meter-level precision positioning. It is recommended to pay attention to Beidou high-precision related companies: Higer Communications, Zhonghaida, Beidouxingtong, Zhenxin Technology, Huali Chuangtong, Huace Navigation, etc.

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