ASTS Stock Recent News

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AST SpaceMobile plans to beam 4G and 5G straight to ordinary smartphones through its BlueBird satellites, unlocking a massive market in today's mobile dead zones. Production has scaled to six satellites per month, with five launches set within nine months, paving the way for first commercial coverage in late 2025 and a 60-satellite fleet by. The company holds $875 million in cash, has secured early gateway orders from major carriers like AT&T and Vodafone, and has proven its tech with live two-way video calls.

AST Spacemobile's unique tech enables direct satellite broadband to unmodified smartphones, offering differentiation over Starlink's hardware-dependent model. Operational momentum is strong, with multiple satellite launches and key partnerships like AT&T positioning the company for 2026 service rollout. Liquidity risk is mitigated by a robust cash position, recent capital raise, and potential non-dilutive funding from government sources, supporting execution of growth plans.

It's been a busy seven weeks for Wall Street. President Donald Trump unveiled his tariff policy, paused higher "reciprocal tariffs" for 90 days a week later, and recently worked out a reciprocal tariff rate reduction with China.

AST SpaceMobile reports wider-than-expected loss in the first quarter of 2025, owing to macroeconomic headwinds.

AST SpaceMobile, Inc. (NASDAQ:ASTS ) Q1 2025 Earnings Conference Call May 12, 2025 5:00 PM ET Company Participants Scott Wisniewski - President & Chief Strategy Officer Abel Avellan - Founder, Chairman & CEO Andrew Johnson - CFO & Chief Legal Officer Conference Call Participants Colin Canfield - Cantor Fitzgerald Mike Crawford - B. Riley Securities Christopher Schoell - UBS Caleb Henry - Quilty Space Timothy Horan - Oppenheimer Scott Searle - ROTH Capital Bryan Kraft - Deutsche Bank Chris Quilty - Quilty Space Operator Good day, and thank you for standing by.

AST SpaceMobile, Inc. (ASTS) came out with a quarterly loss of $0.20 per share versus the Zacks Consensus Estimate of a loss of $0.17. This compares to loss of $0.16 per share a year ago.

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, is providing its business update and results for the first quarter ended March 31, 2025. "AST SpaceMobile continues to execute on our bold strategy, progressing at an accelerated pace toward fulfilling our important missio.

AST SpaceMobile, Inc. (ASTS) reachead $25.08 at the closing of the latest trading day, reflecting a +1.33% change compared to its last close.

AST SpaceMobile is expected to report a top-line growth year over year in the first quarter of 2025, backed by solid momentum in both the government and private sectors.