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AST SpaceMobile vs. Firefly Aerospace: Which Space Infrastructure Stock Is a Better Buy in 2026?

AST SpaceMobile trades at a 269x forward P/E versus Firefly's 21.9x, but one faces untested satellite tech while the other depends on government spending.

AST SpaceMobile vs. Firefly Aerospace: Which Space Infrastructure Stock Is a Better Buy in 2026?

Published September 29, 2026 · Category: Finance

Overview

As space-based infrastructure moves from theory to commercial reality, many investors are eyeing high-growth pioneers. Is AST SpaceMobile (NASDAQ:ASTS) or Firefly Aerospace (NASDAQ:FLY) the better bet for your portfolio?

AST SpaceMobile aims to turn every smartphone into a satellite phone using its unique orbital network. Firefly Aerospace focuses on the logistics of space, providing launch vehicles and lunar landers for government and commercial clients. Both represent speculative plays in the growing space economy.

Details

AST SpaceMobile is building a space-based cellular network designed to connect directly with everyday smartphones. It has secured commercial agreements with major providers such as AT&T Corp (NYSE:T), Verizon Communications (NYSE:VZ), and Vodafone (NASDAQ:VOD). The company is carving out a niche among communication stocks by focusing on direct-to-device connectivity. Partnerships with over 50 mobile network operators worldwide provide the company with access to a potential user base of nearly 3 billion subscribers.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.