Better Space Stock: AST SpaceMobile vs. Redwire

Both AST SpaceMobile and Redwire have fallen over 50% from recent highs in the space sector downturn. AST SpaceMobile aims to build satellite internet with direct-to-device capabilities but faces significant cash burn ($1.37B negative free cash flow), launch delays, and SpaceX competition. Redwire operates diversified space and defense systems with improving financials, strong backlog ($498M), and better margins. Redwire trades at a more reasonable valuation (P/S of 3.5 vs. AST's 187) and is identified as the better investment choice.