AST SpaceMobile Inc - Ordinary Shares - Class A Stock News

Existing industry players are already getting on board with AST SpaceMobile. AST SpaceMobile sees an opportunity worth more than $1 trillion.

When it comes to space exploration stocks, most investors are already familiar with Intuitive Machines (LUNR).

Backing from notable companies has helped AST SpaceMobile begin launching commercial satellites. The stock's current valuation already accounts for revenue that's potentially years away.

AST SpaceMobile is trying to build a broadband cellular network that works with existing cell phone technology. The company has proven its business model will work thanks to the successful launch of a test satellite several years ago.

AST SpaceMobile's stock has soared more than 1,200% from its all-time low. The successful launch of its first commercial satellites impressed the bulls.

After seven years, over 3,350 patent and patent-pending claims, and more than $1 billion, AST SpaceMobile Inc. NASDAQ: ASTS finally launched its Block 1 first five Bluebird satellites on September 12, 2024. The launch went without a hitch, and the satellites are now in low earth orbit.

AST Space Mobile is making incredible progress on bold projects in space.

Rocket Lab USA will soon be competing with dominant SpaceX for medium-lift launch business. Satellite-supplied mobile broadband service is finally affordable thanks to AST SpaceMobile.