AST Spacemobile (ASTS) Jumps 8% as Firm Bares Looming Rocket Launches

Core Insights - AST SpaceMobile Inc. (NASDAQ:ASTS) has seen a significant stock performance increase of 8.14%, closing at $56.89, driven by the announcement of five upcoming rocket launches starting December 15 [1][3] - The next-generation satellite, BlueBird 6, will launch on December 15 from India, featuring the largest commercial phased array in low Earth orbit at nearly 2,400 square feet, which is 3.5 times larger than previous models and supports ten times the data capacity [2][3] Company Developments - The company plans to launch five satellites from December 15 until March 2026, indicating a robust pipeline for future growth [1] - In conjunction with the BlueBird 6 launch, AST SpaceMobile is expanding its manufacturing facilities in Texas and Florida to increase production capacity and strengthen its supply chain [4][5] - The CEO emphasized the importance of this expansion for accelerating satellite production and fulfilling the mission to enhance global connectivity [5]

AST Spacemobile (ASTS) Jumps 8% as Firm Bares Looming Rocket Launches - Reportify