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 (NASDAQ: ASTS), the pioneer in space-based cellular broadband networks directly accessible by standard smartphones, has scheduled a quarterly business update conference call for May 12, 2025, at 5:00 p.m. ET. The company will address selected questions from both retail and institutional shareholders during the call.
Shareholders can submit their questions via email to investors@ast-science.com. The conference call will be available through a live webcast on the Events page of AST SpaceMobile's Investor Relations website, with a recording available shortly after the event.
AST SpaceMobile (NASDAQ: ASTS) has signed a Coordination Agreement with the U.S. National Science Foundation (NSF) to implement best practices between satellite communications and ground-based astronomy operations. The agreement focuses on mitigating potential impacts on astronomical facilities through measures such as reducing satellite brightness and providing real-time satellite positioning data to observatories.
The company, which is building the first space-based cellular broadband network accessible directly by standard smartphones, will adopt recommendations from the International Astronomical Union's Dark and Quiet Skies initiative. This collaboration demonstrates AST SpaceMobile's commitment to responsible space stewardship while pursuing its mission to eliminate connectivity gaps and provide broadband access globally.
AST SpaceMobile (NASDAQ: ASTS) reported its Q4 and full year 2024 results, highlighting significant progress in its space-based cellular broadband network development. The company secured a definitive commercial agreement with Vodafone through 2034 covering 20+ countries and a $43M contract with the U.S. Space Development Agency.
Key operational achievements include:
- Full operational status for first five BlueBird commercial satellites
- Successful two-way video call demonstrations with AT&T, Verizon, and Vodafone
- Accelerated production of 40 Block 2 BlueBird satellites
- Contracted launch capacity for approximately 60 satellites during 2025-2026
Financially, AST SpaceMobile reported $567.5M in cash as of December 31, 2024, with Q4 operating expenses of $60.6M. The company recently closed a $460M convertible notes offering, bringing pro-forma cash to nearly $1.0B. Total capitalized property and equipment costs reached $460M with accumulated depreciation of $122.4M.
Vodafone and AST SpaceMobile (NASDAQ: ASTS) have signed an agreement to establish a joint European satellite service business ('SatCo') to provide space-based cellular broadband connectivity. The venture aims to deliver 100% geographic coverage across Europe, offering direct-to-smartphone satellite services to mobile network operators (MNOs).
On January 27, 2025, Vodafone completed the world's first space-based mobile video call using BlueBirds satellites. The service will be commercially available across Europe during 2025 and 2026, working seamlessly with 4G or 5G smartphones without requiring specialized software or device modifications.
The partnership includes establishing a research hub in Malaga by Summer 2025, supported by the Spanish Space Agency. AST SpaceMobile is expanding its European presence with a new 5,600-square-meter facility in Barcelona for manufacturing and office space.
AST SpaceMobile (NASDAQ: ASTS) has secured a $43 million contract to support the U.S. Space Development Agency (SDA) through a prime contractor. This follows successful testing of their BlueWalker-3 satellite under a previous contract from February 2024.
The company will utilize its next-generation Block 2 BlueBird satellites, featuring the largest commercial phased array antennas ever deployed in low Earth orbit, spanning 2,400 square feet. AST SpaceMobile's technology, supported by 3,500 patent and patent-pending claims, is designed to create the first space-based cellular broadband network accessible directly by everyday smartphones.
AST SpaceMobile (NASDAQ: ASTS), the pioneer in space-based cellular broadband networks directly accessible by standard smartphones, has scheduled its quarterly business update. The company will release its earnings on Monday, March 3rd, 2025 at 5:00 p.m., followed by a conference call on Tuesday, March 4th at 5:00 p.m. Eastern Time.
The company will accept questions from both retail and institutional shareholders, with management addressing selected inquiries during the call. Investors can submit questions via email to investors@ast-science.com. The update will be available through a live webcast on the company's Investor Relations website, with an archived version accessible shortly after the call.
AST SpaceMobile (NASDAQ: ASTS) has received Special Temporary Authority (STA) from the FCC to conduct testing services in the United States using their first five commercial BlueBird satellites. The authorization allows testing with unmodified smartphones on AT&T and Verizon networks, supporting voice, data, and video applications without requiring specialized software or updates.
The company's Block 1 BlueBird satellites will provide non-continuous cellular broadband service across the US with over 5,600 coverage cells. The upcoming Block 2 BlueBirds, featuring 2,400 square-foot communications arrays, are designed to deliver up to 10 times the bandwidth capacity, enabling speeds up to 120 Mbps.
AST SpaceMobile has secured strategic investments from AT&T, Verizon, Google, and Vodafone in 2024, along with new US Government contracts. The company maintains agreements with over 45 mobile network operators globally, representing approximately 2.8 billion subscribers.
AST SpaceMobile (NASDAQ: ASTS) has successfully closed a $460.0 million convertible senior notes offering due 2032, including the full exercise of the initial purchasers' $60.0 million option. This financing strengthens the company's balance sheet with nearly $1 billion in pro forma cash, enabling acceleration of their space-based cellular broadband network manufacturing plan.
The notes feature a 4.25% interest rate and seven-year maturity, with an effective conversion price of $44.98 per share. AST SpaceMobile implemented a capped call hedge to increase the effective conversion premium to 100% of the share price, minimizing potential dilution to approximately 3% at the effective conversion price. The company maintains flexibility to settle conversions in cash, shares, or a combination thereof.
AST SpaceMobile (NASDAQ: ASTS) has announced the pricing of $400.0 million convertible senior notes due 2032 in a private offering to qualified institutional buyers. The notes will have a 4.25% annual interest rate and an initial conversion price of $26.99 per share, representing a 20% premium over the last reported stock price.
The company expects net proceeds of approximately $387.9 million (or $446.3 million if the initial purchasers' option is exercised). About $38.7 million will be used for capped call transactions, with the remainder allocated to working capital and general corporate purposes.
The notes include capped call transactions with an initial cap price of $44.98 per share, designed to reduce potential dilution and offset cash payments upon conversion. The notes will mature on March 1, 2032, unless earlier converted, redeemed, or repurchased.
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