Computing Power "Takes Off" with Broad Prospects: Space Photovoltaic Concept Continues to Heat Up

Securities Daily Reporter Liu Xiaoyi

On March 17, space photovoltaic concept stocks performed well, with many stocks in the sector rising.

In terms of news, breakthroughs have been made in the space computing field centered on space photovoltaic energy. Recently, Beijing Zhongke Tiansuan Technology Co., Ltd. and Yanhe Technology Co., Ltd. jointly announced the official release of the space supercomputing prototype system, successfully completing full-process integration and verification of the space computing system and perovskite energy system. This marks a leap forward in China’s core space supercomputing technology and space-based energy supply.

Multiple Demands Create a New Blue Ocean

Space computing refers to deploying artificial intelligence computing resources, originally located in ground data centers, into space via dedicated satellites. The resulting space computing network can provide AI inference, data processing, and other computing services for both ground and space scenarios, and enable remote control of ground intelligent devices through space computing. This is an important direction for commercial space to extend into high-value-added fields.

How did this seemingly sci-fi concept emerge? “The main reason is the bottleneck in ground computing development,” an investor in the tech sector told Securities Daily. As AI technology rapidly advances, ground data centers have become “energy monsters,” facing not only tight power supply issues but also increasing heat dissipation problems caused by high power consumption. Space, with its 24-hour uninterrupted solar energy and near-absolute zero natural cooling environment, can better solve the energy and cooling bottlenecks of ground computing.

Currently, domestic and international efforts are actively deploying space computing. Overseas giants like NVIDIA, SpaceX, and Google are leading the way; domestically, China’s “Trisolaran Computing Constellation” has successfully launched 12 satellites and achieved on-orbit networking and space computing verification.

Market research firm Research And Markets predicts that by 2035, the global on-orbit data center market (a key carrier of space computing) will reach $39 billion, with a compound annual growth rate of 67.4% from 2025 to 2035.

Accelerated Industry Chain Deployment of Space Computing

Domestic industry chain companies and listed firms are also making frequent moves in space computing. For example, Suzhou Zhimi Technology Co., Ltd. under Zhijiang Crossing Technology Co., Ltd. (hereinafter referred to as “Zhijiang Crossing”) is at the forefront. On March 16, Zhijiang Crossing’s first “Yao Tai” computing base station was successfully launched by a rocket at Jiuquan Satellite Launch Center. The base station is deployed in a 561-kilometer sun-synchronous orbit and will conduct extreme environment capability tests. The company also plans to build a space supercomputing center and deploy 2 million computing satellites. This launch marks a key step from R&D to industrialization.

Chengdu Guoxing Aerospace Technology Co., Ltd., a leading enterprise in space AI, has also made significant progress in commercializing space computing. The company completed the deployment of the world’s first space computing constellation last year and co-established China’s first space computing joint laboratory with Shanghai Jiao Tong University, focusing on autonomous and controllable space computing chips. Currently, it has deployed and inferred general large models like Alibaba’s Qwen3 on on-orbit satellites, initiating commercial on-orbit computing services, and plans to complete the first phase of networking 2,800 satellites by 2030.

In February this year, Jiangsu Huachen Transformer Co., Ltd. signed a strategic cooperation agreement with Shanghai Dongfang Tiansuan Technology Co., Ltd. to jointly promote “space-earth collaboration” for energy and computing integration, accelerating the construction of new power systems and upgrading space-based computing infrastructure.

Gao Heng, director of Nanjing Huarun Technology Co., Ltd., told Securities Daily: “In the future, space computing will play a key role in scenarios such as ultra-large-scale AI training, real-time space data processing, and global low-latency communication.”