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MarketBeat
Business
Jessica Mitacek

AST SpaceMobile’s FCC Test Arrives as Investors Weigh a Costly Q2 Miss

Space-based cellular broadband network provider AST SpaceMobile (NASDAQ: ASTS) is facing its next big test as the company continues to build out its constellation of low Earth orbit (LEO) BlueBird satellites.

On Friday, Aug. 14, the Midland, Texas-based company, which provides direct-to-device (D2D) connectivity, received a 30-day authorization from the U.S. Federal Communications Commission (FCC) to test its satellite connectivity using the 800 MHz spectrum and up to 100 commercially available and unmodified devices.

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