AST SpaceMobile

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

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AST SpaceMobile excels in Q4, eyes global 5G connectivity

AST SpaceMobile's Q4 earnings call highlighted strong performance, technological strengths, regulatory challenges, and growth opportunities.
The company's focus on global cellular broadband network in space and achieving 5G speeds positions it as a key player in the evolving telecommunications landscape.
With a solid financial position, innovative technology, and strategic market positioning, AST SpaceMobile is poised for future growth and market leadership.

AST SpaceMobile validates technology milestone and progresses satellite production

AST SpaceMobile's Q1 2023 earnings call highlighted significant achievements in technology validation and satellite production progress.
While facing challenges in regulatory compliance and operational execution, the company remains well-positioned to capitalize on growth opportunities.
Management's focus on gratitude and investor relations underscores a commitment to sustainable growth and stakeholder value creation.

AST SpaceMobile advances in 5G testing and strategic partnerships

AST SpaceMobile's Q3 earnings call showcased progress in key areas, strategic partnerships, and financial management. The company faces challenges in competitive landscape and regulatory developments but has opportunities in differentiation and market reach.

AST SpaceMobile reports strong earnings, eyes growth through partnerships

AST SpaceMobile's Q4 2023 earnings call highlighted strong financial performance, strategic partnerships, and progress on satellite launches and custom ASIC development. While facing manufacturing challenges and increased expenses, the company is focused on securing the supply chain and raising capital strategically. Opportunities for growth lie in new contracts, regulatory advancements, and collaborations with key industry players.

AST SpaceMobile secures AT&T deal, poised for growth in space broadband

AST SpaceMobile's Q1 2024 performance reflects strong progress in commercial agreements, satellite development, and financial management, positioning the company for growth.
While facing challenges in expense management and technical development, ASTS's strategic strengths and market opportunities offer a positive outlook for future expansion and success.
By capitalizing on partnerships, regulatory progress, and market demand, ASTS is poised to navigate challenges and drive innovation in the space-based broadband sector.

AST SpaceMobile reports robust Q3 performance and eyes growth

AST SpaceMobile's Q3 performance reflects strong progress in satellite launches, partnerships, and financial stability.
While facing challenges in production timelines and network rollout, the company is well-positioned to capitalize on growth opportunities.
Strategic government contracts, commercial agreements, and technological advancements position AST SpaceMobile for a promising future.

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AST SpaceMobile reported wider-than-expected losses -- and no revenue -- for fiscal Q2 2023. AST is taking on debt and selling stock with which to build and launch new satellites.

Why AST SpaceMobile Stock Just Popped 5.5 Percent

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, is providing its business update for the second quarter ended June 30, 2023. “AST SpaceMobile continues to make history. This quarter we achieved space-based 4G LTE cellular broadband capabilities to everyday smartphones, reaching speeds above 10 Mbps during BlueWalker 3 testing al.

AST SpaceMobile Provides Second Quarter 2023 Business Update

There was no cause for alarm, but neither was there any reason to be optimistic. A projected year-over-year drop in cash and cash equivalents did not sit well with shareholders.

Why AST SpaceMobile Stock Failed to Launch Today

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced it will hold a quarterly business update conference call on Monday, August 14th at 5:00 p.m. (Eastern Time). The company is also providing its preliminary estimated financial results for the second quarter ended June 30, 2023. AST SpaceMobile will be accepting quest.

AST SpaceMobile to Provide Quarterly Business Update on August 14, 2023 and Provides Preliminary Financial Results for Second Quarter 2023

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AST SpaceMobile's technological progress and strong business partnership network have shown attractive risk-reward ratio in the long term, especially when more de-risking events unfold. However, in the short term, the company is still troubled with disappointing earnings and financing events that will severely affect the stock price. Investors need to be selective and cautious in entry point.

AST SpaceMobile: Keep Your Eyes On The Prize Through Short-Term Volatility

AST SpaceMobile is on track to raise $59.4 million by selling 12.5 million new shares. The announced sale price was roughly 25% lower than where the stock had last closed.

Why AST SpaceMobile Stock Is Plummeting This Week

NEW YORK , June 29, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased AST SpaceMobile Inc.  (f/k/a New Providence Acquisition Corp.) ("ASTS" or the "Company") (NASDAQ: ASTS) stock prior to April 1, 2021 and still hold such stock. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of ASTS' 2021 de-SPAC merger.

ASTS ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

AST SpaceMobile priced a secondary stock offering overnight with the goal of raising about $60 million. The offering price was at the low end of the proposed range, an indication that demand was weak.

Why AST SpaceMobile Stock Is Plunging Today

AST SpaceMobile Inc (NASDAQ:ASTS) stock is plummeting today, after the wireless telecommunications concern revealed the pricing and sizing of its previously announced public stock offering, with Barclays as the sole bookrunner.

AST SpaceMobile Stock Plunges on Stock Offering

AST SpaceMobile (NASDAQ: ASTS ) stock is taking a beating on Wednesday after the satellite company priced an upsized share offering. According to a press release from the company, it's selling a total of 12.5 million shares of ASTS stock for gross proceeds of $59.4 million.

Why Is AST SpaceMobile (ASTS) Stock Down 28% Today?

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing and upsizing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in an underwritten public offering. The Company has agreed to sell 12,500,000 shares of Class A Common Stock for gross proceeds of approximately $59.4 million. The Company intends to use the net proceeds of the offering.

AST SpaceMobile, Inc. Announces Pricing of Upsized Offering of Class A Common Stock

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in an underwritten public offering. The Company intends to use the net proceeds of the offering for general corporate purposes, including expected cash payments related to launch services and related additional equipment and services in.

AST SpaceMobile, Inc. Announces Launch of Offering of Class A Common Stock

BlackSky Technology

Investors sold off BlackSky and AST SpaceMobile after their stocks were added to the Russell 3000 stock index today. Short interest is increasing as Virgin Galactic approaches liftoff on its first revenue-generating space launch.

Why Space Stocks Virgin Galactic, BlackSky, and AST SpaceMobile Sank on Monday

After incredible run-ups in the first half of June, Virgin Galactic and BlackSky Technologies are giving back some gains today. AST SpaceMobile is a different story after a successful cell phone test produced 4G speeds via satellite.

Why Space Stocks Virgin Galactic and BlackSky Dropped Today -- but AST SpaceMobile Popped

AST SpaceMobile (NASDAQ: ASTS ) stock is rising higher on Wednesday after the space-based cellular broadband network company announced positive news. According to a press release from AST SpaceMobile, it has confirmed the ability of its BlueWalker 3 low Earth orbit satellite to communicate with unmodified cellphones at 4G speeds.

Why Is AST SpaceMobile (ASTS) Stock Up Today?

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, announced it has achieved repeated successful download speeds above 10 Mbps during testing of BlueWalker 3. Space-based cellular communications at 4G speeds using unmodified smartphones is another world first telecommunications achievement by AST SpaceMobile. Engineers conducted download speed tests in Hawa.

AST SpaceMobile Confirms 4G Capabilities to Everyday Smartphones Directly From Space

New Providence Acquisition Corp

PHILADELPHIA , June 15, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating AST SpaceMobile, Inc. (NASDAQ: ASTS) ("AST SpaceMobile") on behalf of the company's long-term shareholders. AST SpaceMobile operates space-based cellular broadband network for mobile phones in the United States.

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of AST SpaceMobile, Inc. and Encourages Long-Term ASTS / NPA Shareholders to Contact the Firm

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NEW YORK , May 26, 2023 /PRNewswire/ -- Jakubowitz Law announces that a merger investigation has commenced on behalf of shareholders of AST SpaceMobile Inc. (f/k/a New Providence Acquisition Corp.) (NASDAQ: ASTS). This investigation concerns the fairness of ASTS' 2021 de-SPAC merger.

ASTS SHAREHOLDER ALERT: Jakubowitz Law Notifies Investors of an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

NEW YORK , May 24, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of AST SpaceMobile Inc. (f/k/a New Providence Acquisition Corp.) (NASDAQ: ASTS). The Gross Law Firm has commenced an investigation into the fairness of ASTS' 2021 de-SPAC merger.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

AST got a boost from news that the stock will be added to the Russell 2000 and 3000 indexes. Index inclusion creates more liquidity for a stock and can push shares higher in the near term as mutual funds that track these indexes add shares.

Why AST SpaceMobile Stock Shot Higher at the Open Today

NEW YORK , May 23, 2023 /PRNewswire/ -- The Klein Law Firm makes the following announcement to persons or entities who purchased AST SpaceMobile Inc.  (f/k/a New Providence Acquisition Corp.) ("ASTS" or the "Company") (NASDAQ: ASTS) stock prior to April 1, 2021 and still hold such stock: Our firm has commenced an investigation concerning whether ASTS' 2021 de-SPAC merger unfairly harmed stockholders and whether all material facts were properly disclosed to stockholders. Learn more about The Klein Law Firm's investigation, visit: https://www.kleinstocklaw.com/mna/ast-spacemobile-inc-merger-investigation-form ABOUT KLEIN LAW FIRM J.

ASTS ALERT: The Klein Law Firm Investigates the Fairness AST SpaceMobile Inc.'s De-SPAC Merger

MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, is set to join the small-cap Russell 2000® and broad-market Russell 3000® indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19. Annual Russell indexes re.

News for AST SpaceMobile Stock (ASTS)