Key Takeaways ASTS chose Luxembourg for SatCo HQ to support satellite broadband across major European markets. The venture with VOD plans to launch services in 2026 and has interest from 21 EU member states. ASTS seeks EU partnerships to support a unified digital platform and seamless land-space connectivity.AST SpaceMobile, Inc. (ASTS) has selected Luxembourg as the new headquarters of its joint venture firm SatCo, which is formed in association with Vodafone Group Public Limited Company (VOD) . Luxembou ...

Key Takeaways ASTS shares declined 15.6% in three months, underperforming the industry and rivals AVNW and CMTL. Disappointing Q1 results and macro headwinds are hurting ASTS' performance and investor sentiment. ASTS launched five Bluebird satellites and secured deals with ATAST SpaceMobile, Inc. (ASTS) has plunged 15.6% over the past three months against the industry’s growth of 2.8%. It has also underperformed its peers like Aviat Networks, Inc. (AVNW) and Comtech Telecommunications Corp. (CMTL) over th ...