AST SpaceMobile Inc - Ordinary Shares - Class A Stock News

Earlier this month I warned you that SpaceX's growing ability to offer direct-to-cell (DTC) communications, connecting calls between ordinary off-the-shelf cellphones through the use of Starlink satellites with no cell towers required, posed a clear and present danger to the business model of AST SpaceMobile (ASTS -3.67%) -- which invented the concept.

For investors, 2025 offers another opportunity to get involved in the stock market, and companies demonstrating strong growth potential are the ideal place to start.

Scott Wisniewski is president and chief strategy officer of AST SpaceMobile, a satellite company that's trying to bring connectivity literally everywhere -- the desert, the ocean, the air, everywhere. In this podcast, Motley Fool host Ricky Mulvey caught up with Wisniewski to discuss:

Nearly four years ago, space company start-up AST SpaceMobile (ASTS 0.64%) made a bold proposal to investors in its SPAC IPO: For the low, low price of just $10 a share, you could invest in a company that would revolutionize communications by enabling any off-the-shelf smartphone to call any other off-the-shelf smartphone -- anywhere on the planet -- "direct-to-cell" (DTC) via satellite.

AST SpaceMobile's stock surged over 1,000%, but the company is still in startup mode with minimal revenues and high costs. The company needs to raise up to $1 billion more to fund up to 60 satellites in orbit to reach global coverage goals. ASTS stock is overvalued at a $7 billion market cap, trading like a space exploration company rather than a broadband provider.

AST SpaceMobile is steadily building an enormously influential satellite network, bringing connectivity to the most underserved regions. Major collaborations and partnerships suggest ASTS is equipped to seize a large share of the 5G market going forward. By providing service directly to smartphones, the company differentiates itself from competitors.

AST SpaceMobile (ASTS 5.57%) stock is posting gains in Monday's trading. The space-based telecommunications company's share price was up 6.9% as of 2 p.m.

Starlink rival AST SpaceMobile jumps after the satellite telecommunications company secured a long-term contract with Vodafone. The post AST SpaceMobile, Starlink Rival, Jumps On Long-Term Vodafone Deal appeared first on Investor's Business Daily.