AST SpaceMobile (ASTS) Slashes 9.5% Ahead of Rescheduled BlueBird 6 Launch

Core Viewpoint - AST SpaceMobile (NASDAQ:ASTS) experienced a significant decline of 9.52% to $61.86 amid broader market pessimism and concerns over the rescheduled launch of its BlueBird 6 satellite [1][3]. Group 1: Company Performance - AST SpaceMobile's stock fell by 9.52% on Wednesday, reflecting investor concerns and market sentiment [1]. - The company postponed the launch of its BlueBird 6 satellite from December 15 to December 21, which contributed to the selloff [1][3]. Group 2: Product and Technology - The BlueBird 6 satellite is designed to feature the largest commercial phased array in low Earth orbit, measuring nearly 2,400 square feet, which is 3.5 times larger than previous generations and supports 10 times the data capacity [3]. - The satellite aims to provide widespread cellular broadband coverage directly to smartphones from space [3]. Group 3: Future Plans - AST SpaceMobile plans to ramp up production of its next-generation satellites by expanding manufacturing sites in Texas and Florida [3]. - The upcoming launch on December 21 is the first of six planned launches scheduled until March 2026 [3].