AST SpaceMobile Inc - Ordinary Shares - Class A Stock News

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, designed for both commercial and government applications, today announced it has signed a Coordination Agreement with the U.S. National Science Foundation (NSF) to imp...

AST SpaceMobile Inc. NASDAQ: ASTS is developing the world's first space-based cellular broadband network, with direct-to-device (D2D) technology enabling access through any standard smartphone. The computer and technology sector company has spent over a billion dollars and seven years to launch its first five Bluebird satellites into orbit.

AST SpaceMobile's upcoming May launch of 1 BB2 satellite is a major catalyst as it represents a critical step towards offering continuous service. I expect AST to start continuous service in the US, Europe, and Japan in the second half of 2026, potentially leading to a major revenue ramp. AST's technology provides it with access to several non-dilutive funding sources, as well as lucrative reve...

Investors sold off tech stocks hard on Monday, with the Nasdaq down 1.5% through 11:30 a.m. ET, versus drops of only 0.6% for the broader S&P 500 , and actually a tiny gain for the Dow Jones Industrial Average.

Many space-oriented stocks went public by merging with special purpose acquisition companies (SPACs) over the past few years. However, most of those stocks crumbled as rising interest rates drove investors toward more conservative sectors.

AST SpaceMobile (ASTS -4.03%) stock fell 3.2% through 10:10 a.m. ET Tuesday on some disconcerting news out of the Securities and Exchange Commission (SEC).

AST SpaceMobile's (ASTS 7.77%) stock took a big bounce after the company reported fourth-quarter results last week. At one point, shares of the satellite communications start-up were up 32% from their pre-earnings price, and even after Monday's steep price decline, they're still higher than they were before the report came out.

AST SpaceMobile (ASTS -0.11%) wants to connect the world. The company plans to be the leader in using satellite technology to bring broadband directly to cellphone users across the globe.