Core Insights - AST SpaceMobile and Iridium Communications are leading satellite communications providers, with AST SpaceMobile developing a global cellular broadband network in space accessible by standard smartphones [1][4] - Iridium operates a large constellation of 66 LEO satellites, providing dedicated global voice and data communications services [2][10] AST SpaceMobile - AST SpaceMobile has launched its first five commercial satellites, named Bluebird, which feature the largest commercial communications arrays at 693 square feet [4] - The company holds over 3,650 patents related to its direct-to-cell satellite ecosystem, aiming to fill cellular coverage gaps [4][5] - Partnerships with major carriers like AT&T and Verizon enhance its market reach and funding for network development [5] - Despite significant growth, AST SpaceMobile faces challenges from macroeconomic conditions and competition from companies like SpaceX's Starlink [6][18] - ASTS has seen a 268% increase in stock price over the past year, with projected sales growth of 1314.6% in 2025 [8][15] Iridium Communications - Iridium's network utilizes a mesh architecture of 66 satellites, allowing for global service coverage and minimal ground infrastructure [2][10] - The company is expected to benefit from the introduction of new IoT transceivers and has a projected service revenue of over $100 million by 2030 [7][9] - Iridium's stock has increased by 14.6% over the past year, with a more modest sales growth projection of 5.4% for 2025 [8][15] - The company maintains a lower price-to-sales ratio of 3.57 compared to AST SpaceMobile's 68.13, indicating a more attractive valuation [16][18] Comparative Analysis - Both companies are expected to improve their sales in 2025, but Iridium has shown consistent revenue and EPS growth over the years [18] - AST SpaceMobile has outperformed Iridium in stock price growth, but Iridium's valuation metrics and earnings growth expectations make it a relatively better investment option [18]