I think 120 is definitely plausible as Qianfan is flatpack so you can get more satellites per launch than Guowang. That said to get to 120 in 2 months they would have to use the majority of launches so there definitely just needs to be more launches overall. I am somewhat pessimistic about the aggressive scale up for future years because we have seen the announced timeline delayed previously.
It just seems like the high volume reusable launch program has been behind schedule repeatedly and/or failed like the recovery attempts earlier this year. Even if they succeed at recovery with the next batch of launches in the upcoming few months it will still take many more months to qualify them for relaunches and even longer to establish a fast relaunch cadence. In order for Qianfan and Guowang to reach their 2028 targets (4000 new satellites for Qianfan, 3600 new satellites for Guowang) they'd need like 5 times as many launches as they're doing now because Guowang averages only about 9 satellites per launch. I'm skeptical they're going to succeeded at this kind of incredibly fast scale up given the rate of progress thus far.
It just seems like the high volume reusable launch program has been behind schedule repeatedly and/or failed like the recovery attempts earlier this year. Even if they succeed at recovery with the next batch of launches in the upcoming few months it will still take many more months to qualify them for relaunches and even longer to establish a fast relaunch cadence. In order for Qianfan and Guowang to reach their 2028 targets (4000 new satellites for Qianfan, 3600 new satellites for Guowang) they'd need like 5 times as many launches as they're doing now because Guowang averages only about 9 satellites per launch. I'm skeptical they're going to succeeded at this kind of incredibly fast scale up given the rate of progress thus far.