AST SpaceMobile’s satellite internet dream is big but risky—still launching its tenth satellite with a 2026 goal of 45, burning over $1 billion in cash, and reliant on launch partners. Meanwhile, Redwire’s diversified space play is gaining steam with government contracts, a $500M backlog, and much leaner finances—spending just $165M last year while improving margins. For investors, Redwire offers a safer, more grounded path with a better valuation, making it the smarter bet in today’s space race.
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