AST SpaceMobile, Inc. (NASDAQ:ASTS) shares are trading 5% higher on Monday, adding to gains of more than 14% over the past month. Here’s a look at what’s driving the recent price action:
What To Know: AST shares received a boost in mid-June when the company disclosed a Settlement Term Sheet with Ligado Networks, Viasat and Inmarsat, securing long-term access to a significant portion of wireless spectrum for its satellite-to-smartphone service.
