Spectrum Agreement and Financing - AST SpaceMobile signed an 80+ year agreement with Ligado Networks for spectrum usage rights, gaining access to up to 40 MHz of L-band mobile satellite spectrum in the US and Canada, plus an additional 5 MHz in the 1670-1675 MHz band in the US [1] - The deal includes $550 million in institutional financing to fund the transaction through a non-recourse senior-secured delayed-draw term loan facility [4] - Ligado will receive 4.7 million penny warrants convertible into AST SpaceMobile Class A shares and $550 million upon closing, plus approximately $80 million annually for spectrum usage rights [3] Strategic Partnerships and Market Impact - AST SpaceMobile partnered with AT&T and Verizon to leverage their customer base and funding for building a global satellite network [5][6] - The AT&T agreement extends until 2030, aiming to integrate space-based direct-to-mobile technology with AT&T's network to enhance connectivity in unreachable areas [5] - Verizon committed $100 million for satellite direct-to-cellular services, boosting ASTS stock price and expanding cellular coverage in the US [6] Technological Advancements and Market Potential - The Ligado deal enables AST SpaceMobile to support up to 10,000 MHz of processing bandwidth per satellite, with data transmission speeds of up to 120 Mbps [2] - The SpaceMobile service is compatible with all major mobile phone brands and delivers broadband connectivity directly to unmodified devices, addressing cellular coverage gaps [9] - The collaboration with carriers and access to premium mid-band spectrum assets positions AST SpaceMobile to bridge the digital divide and expand its global presence [10] Financial Performance - AST SpaceMobile's stock price surged 388.7% over the past year, significantly outperforming the industry's 29.5% growth [7]

AST SpaceMobile (ASTS 9.93%) stock is surging in Friday's trading. The space-tech company's share price was up 9.2% as of 2 p.m. ET, while the S&P 500 index and the Nasdaq Composite index were up 1.2% and 1.7%, respectively.AST SpaceMobile stock is gaining ground in conjunction with bullish momentum for the broader market and excitement surrounding SpaceX's scheduled rocket launch tonight. Even though the two companies are competitors, investors are viewing wins for SpaceX as a bullish indicator for the bro ...

Earlier this month I warned you that SpaceX's growing ability to offer direct-to-cell (DTC) communications, connecting calls between ordinary off-the-shelf cellphones through the use of Starlink satellites with no cell towers required, posed a clear and present danger to the business model of AST SpaceMobile (ASTS -4.06%) -- which invented the concept.Less than two weeks later, it's become clear that the danger is even bigger than I at first realized.Investors are realizing this now, too, in the wake of Spa ...

Closing connectivity gaps from space.Scott Wisniewski is president and chief strategy officer of AST SpaceMobile, a satellite company that's trying to bring connectivity literally everywhere -- the desert, the ocean, the air, everywhere. In this podcast, Motley Fool host Ricky Mulvey caught up with Wisniewski to discuss:What universal connectivity actually achieves.The operational challenges of getting something as large as a cell tower onto something as small as a rocket.The developing "land grab" in low-e ...

Mark leads the investing group Out Fox The Street where he shares stock picks and deep research to help readers uncover potential multibaggers while managing portfolio risk via diversification. Features include various model portfolios, stock picks with identifiable catalysts, daily updates, real-time alerts, and access to community chat and direct chat with Mark for questions. Learn moreAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about AST SpaceMobile, Inc. (ASTS) .AST SpaceMobile currently has an average bro ...

The world is becoming increasingly connected, and demands to ensure this is reliable regardless of location has never been higher. Part of the solution over the last few years has been the rise of large-phased satellite arrays in lowGordon is a freelance investment writer from Glasgow, Scotland. With a Masters Degree in Civil Engineering, he also works in Asset Management, and runs a financial education company called Oak Investing with a wide following across 40 countries. With a passion for empowering ind ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about AST SpaceMobile, Inc. (ASTS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.AST SpaceMobile currently has an average brokerage ...

There's a new space race in full swing, but private industry, not world superpowers, are driving this post-Cold War iteration. While Elon Musk and Jeff Bezos have dominated headlines with their exciting advancements in rocketry, a cottage industry of smaller start-ups is vying for dominance in all manner of space-based markets.AST SpaceMobile (ASTS -0.17%) is betting it can be a crucial provider of mobile communications using a fleet of satellites. Investors seem to be buying into the vision that the compan ...

AST SpaceMobile, Inc. (ASTS) reported modest third-quarter 2024 results, with adjusted earnings beating the Zacks Consensus Estimate but revenues missing the same.Net loss in the reported quarter was $171.9 million or $1.10 per share compared with a loss of $20.9 million or 23 cents per share in the year-ago quarter. Non-GAAP net income was 10 cents per share, which beat the Zacks Consensus Estimate by 28 cents. Quarterly revenues were $1.1 million, which missed the consensus estimate of $2 million.Key Grow ...