Less than one week after space-based broadband provider AST SpaceMobile (NASDAQ: ASTS) saw its shares sell off after its BlueBird 7 satellite failed to deploy into the correct orbit after launching on Blue Origin’s New Glenn rocket, the stock is back in the headlines.
However, this time, the communication services upstart was the recipient of bullish news. On April 22, the U.S. Federal Communications Commission (FCC) granted AST SpaceMobile commercial authority to deliver direct-to-device (D2D) cellular broadband connectivity from space nationwide in the United States
