Welcome to our dedicated page for Ast Spacemobile news (Ticker: ASTS), a resource for investors and traders seeking the latest updates and insights on Ast Spacemobile stock.
AST SpaceMobile, Inc. (NASDAQ: ASTS) generates frequent news as it advances its plan to build a space-based cellular broadband network that connects directly to standard, unmodified smartphones. Company announcements highlight progress in satellite launches, commercial agreements with mobile network operators, manufacturing expansion, and capital markets activity, all tied to its goal of closing connectivity gaps for mobile subscribers worldwide.
Recent press releases describe the successful orbital launch of BlueBird 6, which AST SpaceMobile calls the largest commercial communications array ever deployed in low Earth orbit. The company also reports on its next-generation BlueBird satellites, designed with large phased-array antennas and proprietary ASICs to support high-speed 4G and 5G connectivity, including voice, data, and video, directly from space to everyday mobile devices.
News about AST SpaceMobile often covers long-term commercial agreements and partnerships. Examples include a ten-year commercial agreement with stc group to enable direct-to-device satellite connectivity across Saudi Arabia and key regional markets, as well as definitive commercial agreements with Verizon and a planned EU constellation with Vodafone to serve mobile network operators across Europe. These stories provide insight into how the company intends to integrate its space-based network with terrestrial infrastructure.
Investors and industry followers can also find updates on AST SpaceMobile’s manufacturing footprint in Texas, Maryland, and Florida, its vertically integrated production of BlueBird satellites, and financing developments such as convertible note offerings and at-the-market equity programs. This news page aggregates such announcements so readers can follow ASTS-related developments in satellite telecommunications, direct-to-device connectivity, and strategic partnerships over time.
AST SpaceMobile has achieved a significant milestone by successfully placing BlueWalker 3 into orbit on September 10, 2022. Engineers confirmed communication with the satellite shortly after launch, indicating it is on a stable trajectory. The company aims to revolutionize mobile connectivity for over 1.8 billion subscribers worldwide using its space-based cellular broadband technology. BlueWalker 3 is currently being monitored from global mission control centers while preparations for the next satellite phase, BlueBirds, are underway.
AST SpaceMobile (NASDAQ: ASTS) has announced the upcoming launch of its BlueWalker 3 test satellite on September 10 from Kennedy Space Center, Florida. This mission aims to provide space-based cellular broadband directly to mobile phones across six continents, supported by partnerships with major mobile network operators serving over 1.8 billion subscribers. The BW3 satellite features a 693-square-foot phased array, the largest of its kind, designed to connect to standard mobile devices from significant distances.
AST SpaceMobile, Inc. (NASDAQ: ASTS) provided a business update for Q2 2022, highlighting significant progress with its BlueWalker 3 satellite, expected to launch in September. The company successfully completed assembly and testing for the launch and is preparing for the production of BlueBird satellites. AST SpaceMobile secured a 5-year agreement with Nokia for 4G LTE/5G technology integration. Financially, cash and equivalents stood at $202.4 million, while operating expenses rose to $35.4 million. The company also plans to sell its stake in NanoAvionika for an estimated $27 million.
AST SpaceMobile (NASDAQ: ASTS) announced the arrival of its BlueWalker 3 test satellite at Cape Canaveral. This marks a significant milestone in their effort to build the first space-based cellular broadband network accessible by standard mobile phones. The satellite is set for launch in early to mid-September, pending final testing and integration. Over 800 tests were conducted on BW3, which features a 693-square-foot phased array of antennas. Post-launch, AST SpaceMobile will conduct direct-to-cell testing on all inhabited continents with major mobile network operators.
AST SpaceMobile, Inc. (NASDAQ: ASTS) announced a quarterly business update conference call scheduled for August 15 at 5:00 p.m. ET. The call will focus on the company's developments in building the first space-based cellular broadband network accessible by standard mobile phones. Shareholders are invited to submit questions regarding AST's business and financial results. The conference call will be available via live webcast, and an archive will be provided post-call.
AST SpaceMobile has secured a five-year global 4G and 5G contract with Nokia to enhance mobile connectivity worldwide. This partnership aims to bring cellular services directly to standard devices via low Earth-orbiting satellites, targeting underserved regions. The launch of the BlueWalker 3 test satellite is set for early September 2023, initiating global testing on six continents. This collaboration is a significant step towards closing the digital divide and achieving universal coverage for over 5 billion mobile subscribers.
AST SpaceMobile announced that its BlueWalker 3 satellite has been fully assembled and has departed from its Midland, Texas facility. The satellite will undergo final environmental testing in California, providing critical flight data for its launch set for early to mid-September at Cape Canaveral, FL. The launch date is subject to change due to various factors, including testing, integration, and weather conditions. AST SpaceMobile aims to deliver a global cellular broadband network accessible via standard mobile devices, addressing connectivity gaps for billions worldwide.
AST SpaceMobile (NASDAQ: ASTS) announced preliminary estimated financial results for Q2 2022, reporting cash and cash equivalents of approximately $202.0 million. Operating expenses are expected between $34.0 million and $37.0 million, including $3.0 million to $4.0 million in depreciation and stock-based compensation. The company has incurred around $86.6 million in capitalized costs for the BlueWalker 3 satellite as of June 30, 2022. A comprehensive business update is planned for early August.
AST SpaceMobile has announced a definitive agreement to sell its majority stake in NanoAvionics for an enterprise valuation of
AST SpaceMobile is on track with preparations for its BlueWalker 3 satellite, now set to launch in early to mid-September from Cape Canaveral, FL. This new timeline arises from an update provided by SpaceX, the launch provider, with no current changes to the satellite's readiness. The launch date could shift, depending on various factors like weather and technical conditions. Scott Wisniewski, Chief Strategy Officer, expressed anticipation for the launch and promised updates for public viewing opportunities.
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