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AST SpaceMobile Inc (NASDAQ:ASTS) has announced a settlement term sheet agreement with Ligado Networks, Viasat, and Inmarsat that would secure the company long-term access to up to 45 MHz of lower mid-band spectrum in the United States and Canada, sending its shares higher in early trade on Friday. The agreement includes up to 40 MHz of L-Band Mobile Satellite Service spectrum held by Ligado and an additional 5 MHz in the 1670-1675 MHz band in the US.
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 a Settlement Term Sheet among parties including AST SpaceMobile, Ligado Networks LLC (“Ligado”), Viasat, Inc. (“Viasat”) and Inmarsat Global Limited (“Inmarsat”) paving the way for approval of definitive docume.
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In mid-June 2025, space-based cellular broadband provider AST SpaceMobile Inc. NASDAQ: ASTS reached its highest share price in nearly 10 months, with analysts viewing the stock optimistically and calling for nearly 19% further upside potential.
AST SpaceMobile (ASTS) reported earnings 30 days ago. What's next for the stock?
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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 is set to join the U.S. large-cap Russell 1000® Index, effective after the U.S. market closes on June 27, as part of the 2025 Russell indexes reconstitution. Inclusion in the Russell 1000® Index, which track.
The ongoing feud between SpaceX CEO Elon Musk and President Donald Trump is creating tailwinds for earth exploration (EO) competitors AST SpaceMobile Inc (NASDAQ:ASTS) and Rocket Lab USA Inc (NASDAQ:RKLB).
Shares of AST SpaceMobile (ASTS -0.10%) are moving higher this week, up 33.9% as of 2 p.m. ET from last Friday's close.
IPO chatter is again swirling around Elon Musk's SpaceX and the rocket maker's Starlink satellite-internet constellation, but Musk seems in no rush to take either public.