The Latest Breaking News from AST SpaceMobile Inc

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares were trading lower Wednesday but have since rebounded after the company reported second-quarter financial results and issued revenue guidance for the second half of fiscal year 2025.

AST SpaceMobile Inc. (NASDAQ:ASTS) is advancing its mission to build the world’s first space-based cellular broadband network, with its technology now fueling eight contracts with the U.S. government while the company prepares to deploy 45-60 satellites by the first quarter of 2026.

AST SpaceMobile Inc. (NASDAQ:ASTS) is broadening its satellite spectrum portfolio through a new agreement to obtain global S-Band priority rights governed by the International Telecommunication Union (ITU).

Shares of AST SpaceMobile Inc (NASDAQ:ASTS) are trading lower Friday morning after the company announced a new, large-scale debt offering and a stock-for-debt swap. Here’s what investors need to know.

Shares of AST SpaceMobile Inc (NASDAQ:ASTS) are rising Thursday morning after facing selling pressure on Wednesday. The rally follows the company’s announcement of a successful demonstration of its space-based cellular broadband network for military applications.

AST SpaceMobile Inc (NASDAQ:ASTS) shares are sliding Wednesday morning after the company announced a registered direct offering.

The adoption of 5G, newer technologies, and lucrative government investments are boosting the telecom industry’s growth. Hence, investing in the fundamentally strong telecom stock Spok Holdings (SPOK) could be wise. However, the high cost of deploying 5G and the worsening economy could be the industry’s near-term headwinds. Therefore, fundamentally weak…

The Federal Reserve’s hawkish stance and growing recession odds have been fostering immense market volatility of late. Moreover, September job gains almost affirm the Fed’s aggressive rate hike in the upcoming meeting. Given a highly volatile market backdrop, we think it could be wise to avoid fundamentally weak, high-volatility stocks…

Surging inflation, worries over the Fed’s aggressive interest rate hikes, and an escalating Russia-Ukraine war have contributed to heightened market volatility and exacerbated a sell-off in satellite stocks over the past few months. So, we think it could be wise to avoid the overvalued stocks of satellite companies Globalstar (GSAT)…

AST SpaceMobile Inc (NASDAQ:ASTS) has entered a non-binding memorandum of understanding with Orange SA (NYSE:ORAN). The companies will examine the opportunity for Orange to test the SpaceMobile service in one African country, following AST SpaceMobile's planned launch of BlueWalker 3. BlueWalker 3 is ASTS's test satellite with an aperture of 693 square feet, designed to…

AST SpaceMobile Inc (NASDAQ: ASTS) is trading higher Wednesday after the company announced it signed a multi-launch agreement with SpaceX for planned direct-to-cell phone connectivity.