AST SpaceMobile, identified by the ticker $ASTS, has received approval from FirstNet's board for an investment aimed at enhancing D2D satellite coverage in partnership with AT&T. This investment could commence as early as October 1, 2024, coinciding with the end of FirstNet's fiscal year. Analysts have speculated on the potential valuation of AST SpaceMobile, with some suggesting that its pricing models could reach up to $1 trillion, given the demand from phone carriers. Additionally, GILT, another company in the satellite communication sector, reported a revenue guidance of $305 million to $325 million, with a stockholder equity of $282 million. GILT is currently trading at a market capitalization of $265 million and has a price-to-earnings ratio of approximately 12, significantly lower than the industry average of 36. This suggests potential growth opportunities, particularly in light of recent government contracts and geopolitical tensions affecting the region.