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Production of bean sprouts using the toxin 6-Benzylaminopurine (6-BAP) has led to criminal proceedings in Lao Cai, authorities said, after police uncovered a facility supplying toxic sprouts to wholesale markets. On April 4, Lao Cai Provincial Police announced the indictment of Chu Thi Hoa (born 1990, from Phu Tho) for…
With SpaceX set to go public soon and countries increasingly treating space investment as a national security priority, the space industry is approaching an inflection point. McKinsey estimates the space economy could grow to $1.8 trillion by 2035.
Investors are watching AST SpaceMobile (+10.28%) and Planet Labs (+16.84%), two companies that operate in different parts of the space economy.
AST SpaceMobile is building a cellular broadband network that is accessible by standard, unmodified smartphones. The company uses a large array of satellites as terrestrial space towers and partners with mobile network operators, including AT&T, Verizon Communications, and Vodafone. AST SpaceMobile shares revenue with carriers that offer space-based add-on plans for subscribers. It also generates revenue through government contracts for tactical communications.
Planet Labs operates hundreds of satellites in orbit and is further along in generating revenue and scaling its business. The company generated revenue of $308 million last year, compared with AST SpaceMobile’s $71 million. Planet Labs is also working to deepen its platform capabilities; in March, it announced a collaboration with Nvidia to build a GPU-native AI engine, shifting the company from an image provider toward a real-time planetary intelligence platform.
AST SpaceMobile faces execution challenges in getting its satellites into orbit and delivering continuous coverage. The company estimates it will require about $1.2 billion in capital to reach its goals. While it has secured that funding, it still needs to increase its launch cadence to meet its end-of-year coverage target.
Planet Labs, by contrast, is already operating at scale with hundreds of active satellites. The company is also expanding its platform to leverage AI for deeper insights.
Based on the information provided, Planet Labs is positioned as the better buy today. It is more mature commercially, with higher recent revenue ($308 million versus $71 million for AST SpaceMobile), and it is closer to profitability. AST SpaceMobile’s path depends more heavily on improving launch cadence and achieving continuous coverage.
In brief\n\nBitcoin dropped to about $93,000, falling back below the EMA50 and putting its recent golden cross at risk of invalidation. The global crypto market cap stands at $3.15 trillion, down 2.38% in 24 hours. On Myriad Markets, 82% of the money is betting on Bitcoin pumping to $100K before…
