AST SpaceMobile Inc - Ordinary Shares - Class A Aktie News

Shares of AST SpaceMobile (ASTS) blasted off, trading at an all-time high after the provider of space-based cellphone service announced it had struck a deal with Verizon Communications (VZ) to offer direct-to-customer broadband service across the continental U.S.

Tech stocks are up off the mat today, thanks in large part to AST SpaceMobile Inc (NASDAQ:ASTS).

AST SpaceMobile's stock was soaring after a deal with Verizon gave investors what they've been betting on and more.

AST SpaceMobile (ASTS 10.90%) stock shot up 14.5% through 10 a.m. ET Thursday after the satellite communications stock announced it has signed a "definitive commercial agreement" with existing partner Verizon (VZ -0.43%) to "provide space-based direct-to-device connectivity to everyday cellphones" across the United States.

AST SpaceMobile Inc (NASDAQ:ASTS) shares surged more than 8% after it announced a definitive commercial agreement with Verizon Communications Inc (NYSE:VZ, ETR:BAC) to provide space-based cellular broadband services across the continental United States, with service expected to begin in 2026. The partnership will allow Verizon customers to access direct-to-cellular satellite connectivity when n...

Shares of AST SpaceMobile surged 12% to $83.43 in premarket trading on Wednesday after the company announced a partnership with Verizon Communications to offer space-based broadband connectivity to the carrier's customers starting in 2026.

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The agreement will provide space-based cellular broadband across the U.S.