TechFlow news, according to Chaoxiang Research, Goldman Sachs' July 8 Global LEO Satellite Report shows that by 2025, the number of in-orbit LEO satellites will have reached 10,000, expected to reach 24,000 in 2028, 305,000 in 2031, and could reach 396,000 under a blue-sky scenario. SpaceX, Amazon, and others are accelerating deployment; Amazon received FCC approval to add 4,500 satellites. China's GW/G60/Honghu three major constellations plan for over 35,000 satellites. Among the targets covered by Goldman Sachs, US stocks SpaceX, Amazon, Boeing, and Kratos benefit; A-share Tongyu Communications received a buy rating with a target price of 79 yuan; HK-stock ZTE is a core supplier of ground equipment, with about 70,000 satellites awaiting launch in the next five years.
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