AST SpaceMobile

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

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AST SpaceMobile excels in Q4, eyes global 5G connectivity

AST SpaceMobile's Q4 earnings call highlighted strong performance, technological strengths, regulatory challenges, and growth opportunities.
The company's focus on global cellular broadband network in space and achieving 5G speeds positions it as a key player in the evolving telecommunications landscape.
With a solid financial position, innovative technology, and strategic market positioning, AST SpaceMobile is poised for future growth and market leadership.

AST SpaceMobile validates technology milestone and progresses satellite production

AST SpaceMobile's Q1 2023 earnings call highlighted significant achievements in technology validation and satellite production progress.
While facing challenges in regulatory compliance and operational execution, the company remains well-positioned to capitalize on growth opportunities.
Management's focus on gratitude and investor relations underscores a commitment to sustainable growth and stakeholder value creation.

AST SpaceMobile advances in 5G testing and strategic partnerships

AST SpaceMobile's Q3 earnings call showcased progress in key areas, strategic partnerships, and financial management. The company faces challenges in competitive landscape and regulatory developments but has opportunities in differentiation and market reach.

AST SpaceMobile reports strong earnings, eyes growth through partnerships

AST SpaceMobile's Q4 2023 earnings call highlighted strong financial performance, strategic partnerships, and progress on satellite launches and custom ASIC development. While facing manufacturing challenges and increased expenses, the company is focused on securing the supply chain and raising capital strategically. Opportunities for growth lie in new contracts, regulatory advancements, and collaborations with key industry players.

AST SpaceMobile secures AT&T deal, poised for growth in space broadband

AST SpaceMobile's Q1 2024 performance reflects strong progress in commercial agreements, satellite development, and financial management, positioning the company for growth.
While facing challenges in expense management and technical development, ASTS's strategic strengths and market opportunities offer a positive outlook for future expansion and success.
By capitalizing on partnerships, regulatory progress, and market demand, ASTS is poised to navigate challenges and drive innovation in the space-based broadband sector.

AST SpaceMobile reports robust Q3 performance and eyes growth

AST SpaceMobile's Q3 performance reflects strong progress in satellite launches, partnerships, and financial stability.
While facing challenges in production timelines and network rollout, the company is well-positioned to capitalize on growth opportunities.
Strategic government contracts, commercial agreements, and technological advancements position AST SpaceMobile for a promising future.

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Source: InvestorPlace [Editor's note: “The ‘Fave Five' Space Stocks to Buy on the Dip ” was previously published in March 2021 . It has since been updated to include the most relevant information available.

The ‘Fave Five' Space Stocks to Buy on the Dip

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that its BlueWalker 3 test satellite (BW3) has arrived at Cape Canaveral. The satellite recently departed an off-site testing facility in California after collecting flight data for the upcoming planned launch to low Earth orbit, with a launch window for early to mi

AST SpaceMobile's BlueWalker 3 Test Satellite Arrives at Cape Canaveral for Upcoming Launch

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced it will hold a quarterly business update conference call on Monday, August 15 at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and finan

AST SpaceMobile to Provide Quarterly Business Update on August 15, 2022

Nokia radio technology to enable AST SpaceMobile's direct-to-cell phone connectivity from space

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that they have signed a five-year 5G deal with Nokia. Under the deal, Nokia and AST SpaceMobile will work to achieve their joint ambition to expand universal coverage and connect underserved communities around the world. The planned launch of AST SpaceMobile's BlueW

Nokia Radio Technology to Enable AST SpaceMobile's Direct-to-cell Phone Connectivity From Space

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that its BlueWalker 3 test satellite has been fully assembled and left its Midland, TX headquarters and manufacturing facility. Over the next few weeks, BlueWalker 3 will be undergoing final environmental testing at an off-site facility in California, which will pro

AST SpaceMobile Announces BlueWalker 3 Test Satellite Fully Assembled and Left Texas Factory

MIDLAND, Texas.--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today is providing its preliminary estimated financial results for the second quarter ended June 30, 2022. A full second quarter business update is planned for the first half of August. Second Quarter 2022 Preliminary Estimated Financial Results Ended the second quarter with cash

AST SpaceMobile Provides Preliminary Financial Results for Second Quarter 2022

AST seeks to provide a global broadband network by launching a low earth orbit satellite constellation that can connect directly to users' existing mobile devices. If AST is able to successfully commercialize its experimental technology, the company could be worth close to $100 billion by the end of the decade.

AST SpaceMobile: Possibly The Most Asymmetric Risk Vs. Reward On The Market

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, announced it has entered into a definitive agreement to sell its majority ownership stake in NanoAvionics, a leading smallsat mission integrator and bus manufacturer based in Lithuania. The transaction values NanoAvionics at an enterprise valuation of approximately $68 million and is expected to close

AST SpaceMobile Announces Agreement to Sell Its Investment in NanoAvionics

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile provides revised timing guidance on the launch of its BlueWalker 3 test satellite from Cape Canaveral, FL.

AST SpaceMobile Provides Updated BlueWalker 3 Launch Timing for Early to Mid-September

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #launch--AST SpaceMobile has confirmed its plans to launch its BlueWalker 3 test satellite from Cape Canaveral, FL during, the week of August 15, 2022.

AST SpaceMobile Announces Summer Launch Date of BlueWalker 3 for Direct-to-Cell Phone Connectivity Testing

AST SpaceMobile, Inc. (NASDAQ:ASTS ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Scott Wisniewski - Chief Strategy Officer Abel Avellan - Chairman and Chief Executive Officer Sean Wallace - Chief Financial Officer Conference Call Participants Bryan Kraft - Deutsche Bank Chris Quilty - Quilty Analytics Andres Coello - Scotiabank Landon Park - Morgan Stanley Griffin Boss - B. Riley Securities Operator Good day and thank you for standing by.

AST SpaceMobile, Inc. (ASTS) CEO Abel Avellan on Q1 2022 Results - Earnings Call Transcript

AST SpaceMobile Inc (NASDAQ: ASTS) shares are trading lower in Monday's after-hours session after the company reported financial results. AST SpaceMobile said first-quarter revenue totaled $2.39 million, up from $951,000 year-over-year, according to data from Benzinga Pro.

Why AST SpaceMobile Stock Is Moving After Hours

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today is providing its business update for the first quarter ended March 31, 2022. “Today, we are excited to report strong momentum across the business. We continue to advance our industrialization activities, with investments at our Midland facilities and in our supply chain, towa

AST SpaceMobile Provides First Quarter 2022 Business Update

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced it will hold a quarterly business update conference call on Monday, May 16 at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financia

AST SpaceMobile to Provide Quarterly Business Update on May 16, 2022

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced it has entered into a common stock purchase agreement with B. Riley Principal Capital, LLC (“B. Riley”). The agreement governs a Committed Equity Facility that provides AST SpaceMobile with the right, without obligation, to sell and issue up to $75 million of its Class A

AST SpaceMobile Announces $75 Million Committed Equity Facility

After AST SpaceMobile received permission form the FCC to test its satellite in the U.S., ASTS stock is rallying. The post Why Is AST SpaceMobile (ASTS) Stock in the Spotlight Today?

Why Is AST SpaceMobile (ASTS) Stock in the Spotlight Today?

AST SpaceMobile, Inc (NASDAQ: ASTS) won an experimental license from the Federal Communications Commission (FCC) supporting its U.S.-based testing of the BlueWalker 3 satellite. AST SpaceMobile is the company building the first and only space-based cellular broadband network.

AST SpaceMobile Shares Gain On Winning Experimental License From FCC

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced it has received an experimental license from the Federal Communications Commission (FCC) supporting its U.S.-based testing of the BlueWalker 3 satellite. The license covers BlueWalker 3 space-to-ground testing in the United States using 3GPP low-band

FCC Grants Experimental License to AST SpaceMobile for BlueWalker 3 Satellite Direct-to-Cell Phone Connectivity

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile announces the appointment of Sean Wallace as Executive Vice President and Chief Financial Officer.

Sean Wallace to Join AST SpaceMobile as New Chief Financial Officer

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile announces a Memorandum of Understanding with Globe Telecom, Inc.

AST SpaceMobile Announces Collaboration with Globe Telecom

AST SpaceMobile's (ASTS) CEO Abel Avellan on Q4 2021 Results - Earnings Call Transcript

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile provides its business update for the fourth quarter and fiscal year ended December 31, 2021.

AST SpaceMobile Provides Fourth Quarter and Full Year 2021 Business Update

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced a non-binding memorandum of understanding (“MoU”) with Orange S.A. ("Orange"), one of the world's leading telecommunications operators serving more than 220 million mobile customers across the globe. The joint effort would examine the opportunity for

AST SpaceMobile Announces Collaboration with Orange

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #5G--AST SpaceMobile to provide quarterly business update on March 31, 2022.

News for AST SpaceMobile Stock (ASTS)