AST SpaceMobile(ASTS)
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AST SpaceMobile's Convertible Offering Is A Buying Chance
Seeking Alpha· 2025-01-24 13:55
If you liked this idea, sign up for a no-obligation free trial of my Seeking Alpha Marketplace service, Timely Trader ! I sift through various asset classes to find the best places for your capital, helping you maximize your returns. Timely Trader seeks to find winners before they become winners, and keep you out of losers. In addition, you get access to our community via chat, direct access to me, real-time price alerts, a model portfolio, and more.Josh is the leader of the investing group Timely Trader wh ...
Why AST SpaceMobile Stock Is Plummeting Today
The Motley Fool· 2025-01-23 19:55
Shares of AST SpaceMobile (ASTS) were falling Thursday. The firm's stock is down 13.5% as of 2:00 p.m. ET, but it had lost as much as 16.4% earlier in the day. The move down came as the S&P 500 gained 0.2% and the Nasdaq Composite fell 0.2%.Investors were unhappy with AST's proposal of a private offering.Fears of dilutionThe company announced late Wednesday that it intends to offer $400 million in convertible senior notes due by 2032. The space-based broadband and cellular provider needs to raise serious ca ...
AST SpaceMobile(ASTS) - 2024 Q4 - Annual Results
2025-01-22 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 22, 2025 AST SpaceMobile, Inc. (Exact name of registrant as specified in its charter) Delaware 001-39040 84-2027232 (State or Other Jurisdiction (Commission (IRS Employer of Incorporation) File Number) Identification No.) Midland International Air & Space Port 2901 Enterprise Lane Midla ...
Should You Buy AST SpaceMobile While It's Below $53?
The Motley Fool· 2025-01-12 14:45
A lot of growth is already baked into the satellite maker's shares.AST SpaceMobile's (ASTS -0.62%) stock has surged nearly 360% over the past 12 months. The bulls embraced the producer of low earth orbit (LEO) satellites as it launched its first batch of commercial satellites and secured new contracts.But the five Wall Street analysts who cover AST still believe it could head higher. They all rate the stock as a buy or strong buy, and the most bullish analysts at Deutsche Bank expect it to rally from its cu ...
Why AST SpaceMobile Stock Rocketed 250% Higher in 2024
The Motley Fool· 2025-01-11 17:30
Shares of satellite designer and manufacturer AST SpaceMobile (ASTS -0.62%) rocketed 250% higher in 2024, according to data provided by S&P Global Market Intelligence. The space company made significant progress establishing its spaced-based cellular broadband network during the year and inked deals with major telecommunications giants, which sent shares soaring.A banner year for AST SpaceMobileAST SpaceMobile aims to transform global communication by delivering reliable cellular broadband through its low-E ...
Can ASTS Stock Benefit From Buyout Deal for Mid-Band Spectrum Assets?
ZACKS· 2025-01-07 14:52
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]
Why AST SpaceMobile Stock Is Soaring Today
The Motley Fool· 2025-01-03 19:28
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 ...
Why AST SpaceMobile Stock Dropped 8% on Monday
The Motley Fool· 2024-12-30 18:37
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 ...
What Is AST SpaceMobile UP to?
The Motley Fool· 2024-12-27 19:41
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 ...
AST SpaceMobile: A Whole Lot Needs To Go Right
Seeking Alpha· 2024-12-13 18:51
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 ...