China's Long March 10B Rocket Achieves Maiden Flight, World First Reusable First Stage Recovery on July 10

According to ZhiTong Finance, on July 10, China's Long March 10B rocket completed its maiden flight and achieved the world's first controlled ocean recovery of a reusable first stage, marking a key milestone in the country's commercial space industry.

The successful recovery is expected to significantly reduce satellite launch costs and accelerate satellite constellation deployment. Analysts including Citic Securities and Huatai Securities expect the technology to drive substantial investment opportunities across the aerospace supply chain, with reusable rockets entering regular operational phases and expanding applications ranging from satellite manufacturing to space computing and 6G infrastructure.