AST SpaceMobile Inc - Ordinary Shares - Class A Aktie News

With new technologies come risky but promising investment opportunities. A case in point is AST SpaceMobile (NASDAQ:ASTS) stock, which just demonstrated its susceptibility to double-digit price moves.

Karman hikes outlook on acquisition, expands to maritime defense technology. AST SpaceMobile plans upcoming launch.

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones for commercial and government use, today announced the launch timing for its BlueBird 7 mission. The launch is scheduled for late February from Launch Complex 36 at Cap...

AST SpaceMobile stock (NASDAQ:ASTS) – a company developing a low-Earth-orbit (LEO) satellite constellation to provide broadband directly to smartphones – experienced a 14% increase in stock value on Friday and has risen by over 21% over the last week. Several factors are contributing to these recent gains.

Blue Origin said it was launching its own space satellite network in late 2027. Both AST SpaceMobile and EchoStar fell on the news.

The company needs to launch dozens of satellites this year to compete with its biggest rival, Starlink.

AST SpaceMobile aims to provide global cellular broadband to mobile devices with its BlueBird satellites. The company has partnered with over 50 mobile network operators that serve 3 billion subscribers.

S&P 500 (^GSPC 0.06%) slipped 0.06% to 6,940.01, today as political uncertainty won out over yesterday's chip optimism. The Nasdaq Composite (^IXIC 0.06%) eased 0.06% to 23,515.39, and the Dow Jones Industrial Average (DJINDEX: ^DJI) fell 0.17% to 49,359.33 as Wall Street coasted into the long weekend after a choppy week.