AST Space Mobile is betting big on satellite phone networks to eliminate dead zones, backed by giants like AT&T and Rakuten, but it’s burning through cash—losing $342 million while revenue skyrockets from $4M to $71M. Meanwhile, Lockheed Martin, the defense titan behind the F-35, is a cash cow with $75B in revenue, $5B in profit, and just bought a major undersea defense firm for $3.5B. While AST offers high-risk, high-reward future tech, Lockheed delivers proven stability, solid growth, and deep government contracts—making it the safer bet for now.
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