ASTS Stock Recent News
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Shares of AST SpaceMobile (ASTS -13.25%) were falling Thursday. The firm's stock is down 13.5% as of 2:00 p.m.
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, and designed for both commercial and government applications, today announced the pricing of $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutiona.
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, and designed for both commercial and government applications, today announced its intent to offer, subject to market conditions and other factors, $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to pe.
AST SpaceMobile (ASTS 9.96%) stock is making big gains Tuesday thanks to signs that the space industry will receive elevated support under the new Trump administration. The company's share price was up 10.1% as of 1:40 p.m.
AST SpaceMobile's (ASTS -0.62%) stock has surged nearly 360% over the past 12 months. The bulls embraced the producer of low earth orbit (LEO) satellites as it launched its first batch of commercial satellites and secured new contracts.
Shares of satellite designer and manufacturer AST SpaceMobile (ASTS -0.62%) rocketed 250% higher in 2024, according to data provided by S&P Global Market Intelligence. The space company made significant progress establishing its spaced-based cellular broadband network during the year and inked deals with major telecommunications giants, which sent shares soaring.
Are space stocks just momentum stocks? It kind of felt that way in 2024, as shares of Rocket Lab (RKLB -0.70%) and AST SpaceMobile (ASTS -1.39%) both roughly quadrupled, and Planet Labs (PL -4.14%) nearly doubled.
Access to premium mid-band spectrum with the consummation of the Ligado deal is likely to help ASTS in providing ubiquitous connectivity.
A new Benzinga poll shows one stock could be among the highest-growth names in the space sector for 2025.
Direct-to-cell satellite communications company AST SpaceMobile (ASTS 3.55%) enjoyed a modest share price boost Monday after announcing it has secured "up to 45 MHz of Premium Lower Mid-Band Spectrum in the United States" from privately held Ligado Networks.