AST SpaceMobile

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

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AST SpaceMobile excels in Q4, eyes global 5G connectivity

AST SpaceMobile's Q4 earnings call highlighted strong performance, technological strengths, regulatory challenges, and growth opportunities.
The company's focus on global cellular broadband network in space and achieving 5G speeds positions it as a key player in the evolving telecommunications landscape.
With a solid financial position, innovative technology, and strategic market positioning, AST SpaceMobile is poised for future growth and market leadership.

AST SpaceMobile validates technology milestone and progresses satellite production

AST SpaceMobile's Q1 2023 earnings call highlighted significant achievements in technology validation and satellite production progress.
While facing challenges in regulatory compliance and operational execution, the company remains well-positioned to capitalize on growth opportunities.
Management's focus on gratitude and investor relations underscores a commitment to sustainable growth and stakeholder value creation.

AST SpaceMobile advances in 5G testing and strategic partnerships

AST SpaceMobile's Q3 earnings call showcased progress in key areas, strategic partnerships, and financial management. The company faces challenges in competitive landscape and regulatory developments but has opportunities in differentiation and market reach.

AST SpaceMobile reports strong earnings, eyes growth through partnerships

AST SpaceMobile's Q4 2023 earnings call highlighted strong financial performance, strategic partnerships, and progress on satellite launches and custom ASIC development. While facing manufacturing challenges and increased expenses, the company is focused on securing the supply chain and raising capital strategically. Opportunities for growth lie in new contracts, regulatory advancements, and collaborations with key industry players.

AST SpaceMobile secures AT&T deal, poised for growth in space broadband

AST SpaceMobile's Q1 2024 performance reflects strong progress in commercial agreements, satellite development, and financial management, positioning the company for growth.
While facing challenges in expense management and technical development, ASTS's strategic strengths and market opportunities offer a positive outlook for future expansion and success.
By capitalizing on partnerships, regulatory progress, and market demand, ASTS is poised to navigate challenges and drive innovation in the space-based broadband sector.

AST SpaceMobile reports robust Q3 performance and eyes growth

AST SpaceMobile's Q3 performance reflects strong progress in satellite launches, partnerships, and financial stability.
While facing challenges in production timelines and network rollout, the company is well-positioned to capitalize on growth opportunities.
Strategic government contracts, commercial agreements, and technological advancements position AST SpaceMobile for a promising future.

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AST SpaceMobile (ASTS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

AST SpaceMobile (ASTS) Upgraded to Buy: Here's What You Should Know

AST SpaceMobile aims to provide mobile cellular connectivity through satellites directly to smartphones, revolutionizing space-based connectivity. The company faces competition from Lynk, another satellite-to-phone service developer, and financial challenges due to expenses and potential delays. AST SpaceMobile has strategic partnerships with major companies and aims to generate revenue in 2024 through agreements with mobile network operators and other potential use cases.

AST SpaceMobile: Reaching Commercialization Phase

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced it will hold a quarterly business update conference call on Monday, April 1st at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's.

AST SpaceMobile to Provide Quarterly Business Update on April 1, 2024

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AST SpaceMobile updated its filings with the International Telecommunication Union, choosing the U.S. as its regulatory home. Investors are responding to this rather arcane legal development by bidding up the stock more than 10%.

Why AST SpaceMobile Stock Keeps Rocketing Higher

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that it has updated its constellation filing with the International Telecommunication Union (ITU) and related filings for its V-Band application with the Federal Communications Commission (FCC). "Our planned satellite network will provide services globally, but this i.

AST SpaceMobile Updates Licensing Administration of its Satellite Constellation

Two days ago, Scotiabank initiated coverage of AST SpaceMobile stock with a buy rating. Today, UBS seconded that emotion.

Why AST SpaceMobile Stock Keeps Jumping Higher

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Scotiabank initiated coverage of AST SpaceMobile stock with a buy rating today. AST is losing money and has no revenue, but Scotiabank thinks the stock is still worth more than twice what it costs.

Why AST SpaceMobile Stock Popped Today

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MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced the appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development. AST SpaceMobile believes this appointment underscores the natural alignment between the company's mission to connect.

AST SpaceMobile's Abel Avellan Appointed Commissioner to the ITU/UNESCO Broadband Commission

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MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced a new contract award from a prime contractor working with the United States Government. “We are thrilled to announce this initiative with the United States Government,” said Chris Ivory, Chief Commercial Officer and Head of Government Business of AST SpaceMobile. “We.

AST SpaceMobile Announces New Contract Award with United States Government Through Prime Contractor

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MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile, published a letter to shareholders. The full text of the letter is below. Dear Fellow Shareholders, Last week's announcement of strategic investments from AT&T, Google and Vodafone and agg.

AST SpaceMobile CEO Publishes Letter to Shareholders

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AST SpaceMobile will raise between $100 million and $115 million in new money to help build and launch its satellite network. To get the money, though, AST must issue and sell as many as 37 million new shares.

Why AST SpaceMobile Stock Just Crashed 25%

AST SpaceMobile (NASDAQ: ASTS ) is one of the top trending tickers, and the shares are down around 20% today after AST priced a $100 million offering of ASTS stock. AST is developing “a space-based cellular network.

ASTS Stock Plunges on $100 Million Offering From AST SpaceMobile

AST SpaceMobile Inc (NASDAQ:ASTS) shares are set to plunge more than 22% a day after it raised US$206.5 million from investors including Google, AT&T and Vodafone as the space-based broadband group announced a US$100 million public share offer. The public offering is priced at US$3.10 per share, a sizeable discount to the US$4.16 at which the stock closed trading on Thursday.

AST SpaceMobile set to plunge on discounted $100m stock offer, as Google joins Vodafone as strategic investor

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Company has agreed to sell 32,258,064 shares of Class A Common Stock at a price to the public of $3.10 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 4,838,709 shares of Class A.

AST SpaceMobile, Inc. Announces Pricing of $100,000,000 Public Offering of Class A Common Stock

Shares jumped after news of the AT&T and Google investments, then reversed course after the company launched the offering.

AST SpaceMobile to Offer $100 Million in Stock After AT&T, Google Deal

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of $100,000,000 of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Company will grant the underwriter a 30-day option to purchase up to an additional $15,000,000 of shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use th.

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