The Latest Breaking News from ASTS

AST SpaceMobile's stock price is on track for higher highs but faces volatility due to the high short interest: upside potential may be limited in Q3.

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) shares are tumbling in Thursday’s after-hours session after the company announced a proposed private offering.

AST SpaceMobile's dual-use model, with commercial MNOs and a government contract, positions it as a new class of critical global infrastructure.

Rocket Lab USA Inc. (NASDAQ:RKLB) completed a record launch turnaround, Amazon.com, Inc. (NASDAQ:AMZN) launched its second batch of Kuiper satellites and AST SpaceMobile, Inc. (NASDAQ:ASTS) shares rose after the company reached a key defense tech milestone last week. 

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.

AST SpaceMobile Inc. (NASDAQ:ASTS) gets downgraded, Voyager Technologies, Inc. (NYSE:VOYG) stock continues its post-IPO slide and Rocket Lab Corp. (NASDAQ:RKLB) prepares another Electron launch for Tuesday. 

As summer kicks off, the S&P 500 is flat, but still within 5% of an all-time high; however, without a clear catalyst, uncertainty is likely to weigh on growth