ASTS Stock Recent News
ASTS LATEST HEADLINES
AST SpaceMobile finally won a license from the FCC yesterday. Combined with five communications satellites set to launch, AST is ready to start providing at least some cellphone service from space.
AST SpaceMobile, Inc. (ASTS) closed at $18.59 in the latest trading session, marking a +0.43% move from the prior day.
AST SpaceMobile will report Q2 earnings on August 14, 2024, as shares tripled in value following successful deals with AT&T and Verizon. AST SpaceMobile stock price surged to $21.28 but pulled back in sympathy to last Friday's market decline. Analysts expect an EPS loss for 2024, while ASTS quant scores are improving with potential for more telecom deals.
AST SpaceMobile is attempting to build a space-based cellular broadband network. A key company goal is to partner with existing cellphone companies.
AST SpaceMobile is set to launch their first 5 LEO satellites for providing Direct-To-Cell 5g service in the United States. The company is planning to launch about 90 satellites over the next few years to cover offer coverage to around 6 billion people. AST SpaceMobile's first mover advantage in direct-to-cell 5G service, potential for billion-dollar revenues, and risks such as competition, regulatory changes, and financing concerns are highlighted.
AST SpaceMobile's stock is soaring ahead of the planned launch of its first five commercial satellites. Its stock is richly valued relative to its near-term growth potential.
In the most recent trading session, AST SpaceMobile, Inc. (ASTS) closed at $18.87, indicating a +0.16% shift from the previous trading day.
AST SpaceMobile (ASTS) announces the successful completion of its first five commercial satellites, marking a key achievement in developing a space-based mobile network.
In the era of rapid innovation, space tourism stocks have emerged as one of the most promising sectors this year. Historically, the government primarily funded space exploration, but the end of the 1970 Space Race opened the doors to the private sector.
AST SpaceMobile has five communications satellites built and ready to launch. The space company begins shipping satellites to Cape Canaveral for launch next month, with rockets departing in September.