The satellite designer just delayed the launch of its first commercial satellites for the third time.Shares of AST SpaceMobile (ASTS -23.57%) fell 23.6% on Tuesday after the satellite designer and manufacturer announced another delay in the launch of its first commercial satellites along with its fourth-quarter 2023 results.More delays for the launch of AST SpaceMobile's first commercial satellitesIn its fourth-quarter earnings press release after the market closed last night, AST SpaceMobile revealed that ...

AST SpaceMobile, Inc. (NASDAQ:ASTS) Q4 2023 Earnings Conference Call April 1, 2024 5:00 PM ET Company Participants Scott Wisniewski - Chief Strategy Officer Abel Avellan - Chairman and CEO Sean Wallace - CFO Conference Call Participants Chris Quilty - Quilty Analytics Mike Crawford - B. Riley Securities Benjamin Soff - Deutsche Bank. Christopher Schoell - UBS Operator Good day, and thank you for standing by. Welcome to the AST SpaceMobile Fourth Quarter 2023 Business Update Call. Please be advised that toda ...

Transforming how the world connects NASDAQ: ASTS ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-39040 Delaware (State or other jurisdiction of incorporation or organization) AST SPACEMOBILE, INC. (Exact name of registrant as specifi ...

BlackJack3D When I last wrote about AST SpaceMobile (NASDAQ:ASTS) in June 2022, it was planning to launch its Blue Walker 3 (BW3) test satellite later that year to be followed by field tests involving a mobile handset to communicate in a region of the Earth devoid of cellular connectivity. Since then, progress has been made toward commercialization, and, this thesis aims to show that it is a Buy. As such, Quant rates it as a sell, but this does not factor in the above-$300 million infusion of capital from s ...

The stock of AST SpaceMobile (ASTS 8.05%) popped again on Wednesday, after the satellite communications company announced on Tuesday that it has updated its filings with the International Telecommunication Union (ITU) for its V-band application with the Federal Communications Commission (FCC). Through 11:30 a.m. ET today, AST SpaceMobile stock was up 11.3%.What AST SpaceMobile is doingAST says it has "agreements and understandings" with more than 40 mobile network operators around the world, but the company ...

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that it has updated its constellation filing with the International Telecommunication Union (ITU) and related filings for its V-Band application with the Federal Communications Commission (FCC). " Our planned satellite network will provide services globally, but this initiative r ...

AST SpaceMobile (ASTS 4.69%) stock popped on Wednesday, closing the day 3% higher in response to news that Scotiabank had initiated coverage of the stock with a sector outperform (i.e., buy) rating. On Friday, for the second time in three days, the tiny cellphones-to-satellites communications company is again enjoying a much-appreciated lift -- this time, thanks to Switzerland's UBS.As of 10:30 a.m. ET, AST stock is up a solid 6%.UBS says it's time to buy AST SpaceMobile stockIn Wednesday's note, Scotiabank ...

Space stocks are set to be a $1 trillion (or more) industry—and today is a prime entry point to enter the future massive market. We’re moving past the point of moonshot stocks (pun intended) with little hope of practical space application capturing the bulk of investor enthusiasm—Virgin Galactic Holdings (NYSE:SPCE), for one. Today, a slew of top space companies and space stocks are turning spacefaring dreams into a reality, including SpaceX, Lockheed Martin (NYSE:LMT) and even Amazon (NASDAQ:AMZN).Just one ...

Shares of cellphones-to-satellites communications company AST SpaceMobile (ASTS 4.98%) jumped 5.3% through 12:30 p.m. ET on Wednesday after Scotiabank analyst Andres Graham initiated coverage of the stock with a sector outperform (buy) rating last night.The Scotiabank analyst put a $7.50 price target on AST stock, implying that over the next 12 months, the shares should more than double over their current price of $3 and change, as reported today on StreetInsider.com. Why Scotiabank thinks you should buy AS ...