The Latest Breaking News from ASTS

It's impossible to be happy when your competitors ink a potentially groundbreaking deal, as satellite designer and manufacturer AST SpaceMobile, Inc. (NASDAQ:ASTS) is finding out firsthand. With SpaceX and EchoStar Corp. (NASDAQ:SATS) signing a spectrum agreement valued at approximately $17 billion, AST found itself as the third wheel. Subsequently, ASTS…

AST SpaceMobile is on the verge of generating revenue. Despite the stock having skyrocketed so far this year, there are more gains in store.

The space stock sector got a much-needed boost last Friday as the broader market rallied following comments from Federal Reserve Chairman Jerome Powell, who suggested rate cuts could lie ahead. 

High short interest will impact these stocks in Q3, but they are set up to move higher and hit new highs, driven by catalysts in Q4, including the Q3 results.

The space sector was active last week with earnings reports, offerings and launches. 

The commercial space industry is accelerating rapidly, with the global space economy projected to reach $1.8 trillion in the coming decade.

AST SpaceMobile plans to deploy 45 to 60 satellites by 2026. Should you buy shares now?

AST SpaceMobile, Inc. (NASDAQ:ASTS) shares were trading lower Wednesday but have since rebounded after the company reported second-quarter financial results and issued revenue guidance for the second half of fiscal year 2025.

AST SpaceMobile's stock price is on track for higher highs but faces volatility due to the high short interest: upside potential may be limited in Q3.

AST SpaceMobile Inc. (NASDAQ:ASTS) is advancing its mission to build the world’s first space-based cellular broadband network, with its technology now fueling eight contracts with the U.S. government while the company prepares to deploy 45-60 satellites by the first quarter of 2026.

AST SpaceMobile, Inc. (NASDAQ:ASTS) reported its second-quarter earnings results after Monday’s closing bell.