AST SpaceMobile rose 15% in premarket trading on Wednesday on news of a major deal. The satellite manufacturing company is joining forces with telecom leader Verizon. The move: AST SpaceMobile stock surged as much as 19% on Wednesday, extending a week of strong upward momentum. The satellite design and manufacturing company is up more than 300% in 2025. Why: On Wednesday, AST SpaceMobile announced an agreement with Verizon to provide cell service to consumers from space. Starting next year, the compa ...

The move: AST SpaceMobile stock surged as much as 19% on Wednesday, extending a week of strong upward momentum. The satellite design and manufacturing company is up more than 300% in 2025. Why: On Wednesday, AST SpaceMobile announced an agreement with Verizon to provide cell service to consumers from space. Starting next year, the company will provide Verizon customers with a direct-to-cellular connection via satellite. According to AST SpaceMobile, its network features the largest commercial communicatio ...