AST SpaceMobile(ASTS)
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3 Stocks Under $10 With Triple-Digit Upside Potential
InvestorPlace· 2024-02-29 19:15
Stocks under $10 tend to fall within one of three camps: a small-cap value play unlikely to expand much further, a pre-revenue or unprofitable company set to explode in the future or a small-cap stock either on the decline from past highs or destined for the dustbin. That’s why picking solid stocks under $10 is a tricky proposition.These three stocks blend the best-in-class attributes to offer value, growth and massive potential upside with just a little luck. While they may remain flat or stagnant in the s ...
AST SpaceMobile's Abel Avellan Appointed Commissioner to the ITU/UNESCO Broadband Commission
Businesswire· 2024-02-21 23:30
Core Viewpoint - AST SpaceMobile's appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission emphasizes the alignment between the company's mission to provide broadband access and the Commission's goal of promoting universal connectivity for sustainable development [1][2]. Group 1: Company Overview - AST SpaceMobile is developing the first and only space-based cellular broadband network that will directly connect to standard smartphones, aiming to bridge the connectivity gap for billions of mobile subscribers [5]. - The company holds over 3,100 patents and patent-pending claims for its technology and operates advanced manufacturing and testing facilities in Midland, Texas, covering 185,000 square feet [4]. - AST SpaceMobile has partnerships with more than 40 mobile network operators globally, serving over 2 billion subscribers, including major companies like Vodafone, AT&T, and Telefonica [4]. Group 2: Leadership and Vision - Abel Avellan expressed that his appointment to the ITU/UNESCO Broadband Commission is an honor and reflects his belief in the transformative power of connectivity, aiming to ensure that broadband access is a right for all [3]. - Under Avellan's leadership, AST SpaceMobile is positioned to play a significant role in achieving the Broadband Commission's vision of global broadband access by 2030 [2][3]. Group 3: Strategic Goals - The ITU/UNESCO Broadband Commission's mission for 2030 focuses on leveraging broadband technology to drive progress towards Sustainable Development Goals, emphasizing the importance of universal broadband connectivity for socio-economic development [3].
The 3 Up-and-Coming Stocks That Could Make Your February Unforgettable
InvestorPlace· 2024-02-15 21:19
Finding a quality up-and-coming stock is a tricky proposition, but doubly so now that we’re well past the ZIRP-era “stocks go up” sentiment. In the past, you could throw capital at any up-and-coming stock and have a pretty good chance of generating returns. But, today, investors demand fundamental strength and a solid path to profitability before they consider a sizable investment.However, these companies meet the mark. They have the financial stability coupled with long-term potential that underscores the ...
AST SpaceMobile Announces New Contract Award with United States Government Through Prime Contractor
Businesswire· 2024-02-08 13:00
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 a new contract award from a prime contractor working with the United States Government. “ We are thrilled to announce this initiative with the United States Government,” said Chris Ivory, Chief Commercial Officer and Head of Government Business of AST SpaceMobile. “ We believe ou ...
Roth IRA Gold: 3 Stocks to Buy Now for Tax-Free Growth
InvestorPlace· 2024-01-27 22:30
Investing in a Roth IRA offers unique advantages, particularly for those looking to grow their wealth tax-free over the long term. When it comes to selecting stocks for a Roth IRA, certain criteria make some options more favorable than others.As with any investment, inherent stability and market viability are king when it comes to selecting stocks for a Roth IRA. However, additional considerations include income generation and long-term growth potential compared to peers. Dividend stocks are great, but dist ...
AST SpaceMobile CEO Publishes Letter to Shareholders
Businesswire· 2024-01-23 16:33
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 Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile, published a letter to shareholders. The full text of the letter is below. Dear Fellow Shareholders, Last week’s announcement of strategic investments from AT&T, Google and Vodafone and aggregate new fina ...
7 Growth Stocks to Buy and Hold Forever: January 2024
InvestorPlace· 2024-01-23 13:36
Even as the S&P 500 marks new highs, many top growth stocks haven’t seen the same momentum. Since most of the recent market gains come from just a handful of leading stocks, hidden opportunities in growth stocks abound. Some are small-caps, of course, and those represent the best long-term growth stocks as they have more room to run. Others, though, are firmly within the mid or large-cap categories. Still, they remain beaten down by factors outside of their control that have limited bearing on their overall ...
Why AST SpaceMobile Stock Just Crashed 25%
The Motley Fool· 2024-01-19 17:59
It's a good news, horrible news kind of a day for investors in cellphone-to-satellite-to-cellphone company AST SpaceMobile (ASTS -20.79%), as shares of one of the world's more popular space stocks plunge 25.2% through noon ET on Friday.The good news is that AST just announced a plan to get hold of the cash it needs to finish building out its constellation of satellites, providing the world's cellphone users a means of calling anyone from anywhere via satellite. The bad news is that getting hold of this cash ...
ASTS Stock Plunges on $100 Million Offering From AST SpaceMobile
InvestorPlace· 2024-01-19 15:02
AST SpaceMobile (NASDAQ:ASTS) is one of the top trending tickers, and the shares are down around 20% today after AST priced a $100 million offering of ASTS stock. AST is developing “a space-based cellular network.” It specializes in offering “mobile (5G) broadband services” to users in remote areas.AST also announced today that it would receive investments from AT&T (NYSE:T), Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), and European telecom giant Vodafone (NASDAQ:VOD).ASTS stock is down about 34% year-over-year an ...
AST SpaceMobile set to plunge on discounted $100m stock offer, as Google joins Vodafone as strategic investor
Proactive Investors· 2024-01-19 11:37
AST SpaceMobile Inc (NASDAQ:ASTS) shares are set to plunge more than 22% a day after it raised US$206.5 million from investors including Google, AT&T and Vodafone as the space-based broadband group announced a US$100 million public share offer. The public offering is priced at US$3.10 per share, a sizeable discount to the US$4.16 at which the stock closed trading on Thursday. Vodafone was an existing investor in the company, with AT&T and Google joining as new investors to raise a combined US$155 million, ...