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Space Exploration Technologies Corp. SPCX and AST SpaceMobile, Inc. ASTS are two key players in satellite-based communications aiming to develop extensive low-Earth orbit (LEO) satellite networks to deliver seamless broadband and direct-to-device mobile connectivity. Operating a fleet of nearly 11,200 satellites in LEO, SpaceX's Starlink offers satellite Internet directly to consumers and business enterprises. The network served about 13.6 million Starlink subscribers across more than 150 countries and other markets. SpaceX reported a median residential download speed of 225 Mbps during peak hours.
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