AST SpaceMobile, Inc. Class A Common Stock
ASTSAST SpaceMobile, Inc. (ASTS) is a telecommunications company focused on building the first global, space-based cellular broadband network. The company aims to enable direct connectivity for standard mobile phones in remote and underserved areas by deploying a constellation of low Earth orbit satellites. Founded to bridge the digital divide, AST SpaceMobile leverages innovative satellite technology to provide high-speed internet access across the globe.
Company News
AST SpaceMobile shares rose 6.52% in premarket trading after announcing its BlueBird 7 satellite mission scheduled for late February launch from Cape Canaveral. The next-generation satellite features a 2,400 sq ft communications array with peak data speeds up to 120 Mbps. The launch marks New Glenn's first flight and is part of AST SpaceMobile's ...
AST SpaceMobile shares fell 7.78% after Blue Origin announced TeraWave, a new satellite communications network launching in late 2027. The decline reflects both new competition and AST's already lofty valuation, with the stock trading at a price-to-sales ratio of roughly 200x despite expected revenue growth to $200 million in 2026.
U.S. stocks rebounded cautiously on Wednesday following Trump's remarks at Davos regarding Greenland as a national security priority. The market showed restraint with the Dow up 0.6%, while the oil and gas sector surged due to forecasts of an Arctic blast. Natural gas futures jumped nearly 24%, marking the largest two-day gain on record. Mixed ea...
Seven stocks in the Russell 1000 ETF have surged over 200% since Trump's return to office on January 20, 2025, driven by themes including space infrastructure, defense spending, AI supply constraints, and precious metals. Top performers include AST SpaceMobile (450%), Rocket Lab (290%), Anglo Ashanti (280%), and Lumentum (277%), reflecting invest...
AST SpaceMobile surged on Friday after securing a prime position on the U.S. Missile Defense Agency's SHIELD program, an indefinite-delivery contract that makes the company eligible to compete for future defense modernization work. The award validates the company's satellite technology for dual-use applications. ASTS shares were up 11.02% at $112...
