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Can AST SpaceMobile's Next-Generation Satellites Drive Future Growth?
ZACKS· 2026-02-12 16:21
Core Insights - AST SpaceMobile, Inc. (ASTS) has successfully launched its next-generation BlueBird 6 satellite, which provides high-speed mobile Internet directly to smartphones without additional devices [1][7] Group 1: Satellite Features and Capabilities - BlueBird 6 features the largest commercial communications array in Low Earth Orbit (LEO) at 2,400 square feet, offering peak speeds of up to 120 Mbps and 10 times the capacity of previous satellites [2] - The satellite provides full 4G and 5G services, including voice, data, and video, ensuring strong signals and reliable coverage through advanced antenna design and precise beamforming [2] Group 2: Future Plans and Growth Strategy - AST SpaceMobile plans to launch up to 60 satellites by 2026, with the next-generation BlueBird 7 satellite scheduled for launch in late February 2026 [3] - The company aims to expand its user base, partner with more mobile operators, and increase revenues, positioning itself for long-term growth in space-based Internet [3] Group 3: Competitive Landscape - AST SpaceMobile faces competition from Globalstar, Inc. (GSAT) and Viasat, Inc. (VSAT), both of which are enhancing their satellite networks and ground systems to improve global connectivity [4][5] - Globalstar is expanding its ground network and has partnered with SpaceX for satellite launches, while Viasat is offering advanced antennas and telemetry services to support satellite operations [4][5] Group 4: Financial Performance and Valuation - AST SpaceMobile shares have increased by 222.5% over the past year, significantly outperforming the industry growth of 39.5% [6] - The company currently trades at a forward price-to-sales ratio of 133.77, which is considerably higher than the industry average [8] Group 5: Earnings Estimates - The Zacks Consensus Estimate for AST SpaceMobile's loss per share for 2025 has decreased by 0.9% to $1.07, while the estimate for 2026 has declined by 21.6% to a loss of $0.90 over the past 60 days [9]