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Two Key Players in Satellite-Based Communications Vie for Supremacy
SpaceX and AST SpaceMobile are two key players in the satellite-based communications market, aiming to develop extensive low-Earth orbit (LEO) satellite networks to deliver seamless broadband and direct-to-device mobile connectivity. SpaceX’s Starlink has already gained significant traction, with 13.6 million subscribers across more than 150 countries, while AST SpaceMobile is building the world’s first global cellular broadband network in space. The company’s technology is backed by over 3,900 patents and patent-pending claims, and it has partnered with leading carriers such as AT&T and Verizon to tap into a pre-existing pool of cell customers. This article was originally published on Zacks Investment Research.