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AST SpaceMobile's Signal Strengthens as Stock Nears Orbit
MarketBeat· 2025-06-25 12:08
AST SpaceMobile TodayASTSAST SpaceMobile$53.22 +3.02 (+6.02%) 52-Week Range$9.32▼$54.05Price Target$43.73Add to WatchlistShares of AST SpaceMobile NASDAQ: ASTS have delivered a powerful performance recently, posting triple-digit percentage gains that have captured the market's attention. This rally is being supported by a surge in trading volume and intense options activity, creating a dynamic where bullish conviction is meeting investor skepticism head-on. AST’s recent market movements seem to be more tha ...
WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast's Operational Satellite Constellation
GlobeNewswire News Room· 2025-06-25 05:00
FOR IMMEDIATE RELEASE WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanos ...
WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation
Globenewswire· 2025-06-25 05:00
FOR IMMEDIATE RELEASE WISeSat Signs a Service Agreement with Astrocast to Allow Access to Astrocast’s Operational Satellite Constellation Geneva, Switzerland – June 25, 2025 – WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary, WISeSat.Space, a provider of secure satellite communications and space infrastructure, signed a strategic collaboration agreement with Astrocast, a Swiss-based nanos ...
X @Elon Musk
Elon Musk· 2025-06-18 15:41
RT Jyotiraditya M. Scindia (@JM_Scindia)Had a productive meeting with Ms. @Gwynne_Shotwell, President & COO of @SpaceX, on India’s next frontier in connectivity. We delved into opportunities for collaboration in satellite communications to power Digital India’s soaring ambitions and empower every citizen across the country.With India’s digital revolution under the leadership of PM @narendramodi ji, satellite technologies are not just relevant, they’re transformative.Ms. Shotwell appreciated the license gran ...
ASTS vs. IRDM: Which Satellite Connectivity Stock Should You Bet on?
ZACKS· 2025-06-17 15:45
Core Insights - AST SpaceMobile and Iridium Communications are leading providers in satellite communications, with AST SpaceMobile focusing on a global cellular broadband network accessible via standard smartphones, while Iridium offers dedicated global voice and data services through a large constellation of satellites [1][2][3] Company Overview - AST SpaceMobile is developing the first global cellular broadband network in space, utilizing a constellation of high-powered satellites in low Earth orbit (LEO) to provide service in areas lacking terrestrial coverage [1][4] - Iridium operates a mesh architecture of 66 operational LEO satellites, providing global voice and data communications services, minimizing the need for ground infrastructure [2][3] Competitive Dynamics - Both companies aim to eliminate dead zones and provide connectivity in underserved areas, but they face competition from industry leaders like SpaceX's Starlink and Globalstar [3][6] - AST SpaceMobile has deployed five commercial satellites, offering service across the U.S. with a significant patent portfolio, while Iridium's architecture allows for a robust global service [4][7] Financial Performance - AST SpaceMobile's stock has increased by 268% over the past year, while Iridium's stock rose by 14.6%, with the industry average growth at 35% [7][14] - AST SpaceMobile expects a staggering 1314.6% sales growth in 2025, contrasting with Iridium's more modest 5.4% growth projection [7][11] Valuation Metrics - Iridium is considered more attractively valued, trading at 3.57 times forward sales compared to AST SpaceMobile's 68.13 times [15][17] - Despite AST SpaceMobile's higher growth expectations, Iridium's steady revenue and EPS growth make it a more stable investment option [17] Future Outlook - Iridium anticipates significant revenue from its Satellite Time and Location business, projected to exceed $100 million annually by 2030, while AST SpaceMobile continues to innovate to maintain competitiveness [8][9] - Both companies are expected to improve their sales in 2025, but Iridium's consistent performance positions it favorably in the market [17]
Iridium Names Monique Shivanandan to Board of Directors
Prnewswire· 2025-06-17 11:01
MCLEAN, Va., June 17, 2025 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced the appointment of Monique Shivanandan to its Board of Directors, effective today.Shivanandan has served as Group Chief Data & Analytics Officer at HSBC Holdings plc, a multinational financial services company, since May 2023, having previously served as Chief Information Security Officer at HSBC since July 2020. She served as a group Ch ...
Viasat: A Compelling Investment Poised For Growth And Deleveraging
Seeking Alpha· 2025-06-15 00:30
Group 1 - Viasat (NASDAQ: VSAT) is positioned as a compelling investment opportunity due to significant strategic catalysts and improving financial performance [1] - The company is expected to experience apparent debt reduction over the next year, enhancing its financial stability [1] Group 2 - The article does not provide any additional relevant information regarding the industry or company beyond the investment proposition and financial performance [1]
Viasat Announces Comprehensive Agreement with Ligado Networks
Globenewswire· 2025-06-13 12:30
Core Insights - Viasat expects to receive $568 million from Ligado in fiscal year 2026, primarily to manage near-term maturities and improve its extended maturity profile [1][6] - The agreement includes a binding term sheet between Inmarsat, Ligado, and AST, subject to Bankruptcy Court approval [2][6] - Ligado will resume quarterly payments of approximately $16 million starting September 30, 2025, with a 3% annual increase, and will make a $420 million lump sum payment on October 31, 2025, followed by a $100 million payment on March 31, 2026 [6] Financial Implications - The total expected payments from Ligado to Inmarsat by March 31, 2026, will amount to $568 million, which includes the lump sum and quarterly payments [6] - The agreement is anticipated to strengthen Viasat's capital position and support its growth strategy [2] Strategic Outlook - Viasat's commitment to providing essential mobile satellite services (MSS) globally remains unaffected by the agreement [6] - The settlement reflects Viasat's focus on innovation in MSS services while ensuring the stability of existing services [6]
Why Viasat Stock Trounced the Market on Wednesday
The Motley Fool· 2025-06-11 22:12
Core Viewpoint - Viasat's shares experienced a more than 3% increase following the announcement of its Digital Bus connectivity system being deployed by Satélite Norte in Brazil, contrasting with a 0.3% decline in the S&P 500 on the same day [1]. Group 1: Product Deployment - Viasat announced that Satélite Norte is the first entity to implement its Digital Bus connectivity system, which provides satellite connections for passengers on buses operating between Goiânia and São Paulo [2]. - The distance between Goiânia and São Paulo is over 500 miles, indicating that Viasat's system will be extensively utilized on this route [4]. Group 2: Market Context - Bus transport is highly popular in Brazil due to the country's vast distances and the high costs or lack of air and rail routes, making it a primary travel option for many [4]. Group 3: Monetization and Competitive Advantage - Viasat's Digital Bus system allows bus operators to implement monetization strategies through targeted advertising and to gather passenger feedback and insights, highlighting the system's dual benefits of convenience and revenue generation [5]. - The positive investor reaction to the product launch is seen as justified, emphasizing Viasat's competitive advantages in the market [5].
SATS Investors Have Opportunity to Join EchoStar Corporation Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-06-11 14:13
Core Viewpoint - The Schall Law Firm is investigating EchoStar Corporation for potential violations of securities laws related to misleading statements and failure to disclose critical information to investors [1][2]. Group 1: Investigation Details - The investigation is centered on whether EchoStar issued false or misleading statements and failed to disclose relevant information to investors [2]. - A Wall Street Journal article from May 12, 2025, reported that the FCC is investigating EchoStar's compliance with federal requirements for building a nationwide 5G network, leading to a 16.6% drop in the company's shares [2]. - On May 30, 2025, EchoStar disclosed that it chose not to make a cash interest payment of approximately $326 million to allow time for the FCC to respond to its compliance investigation, resulting in a further 13.1% decline in intraday trading [2].