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This Disruptive Emerging Technology Stock Is Up Nearly 4,000% Since 2024. Is It Overheated or Is It a Screaming Buy?
Yahoo Finance· 2025-10-13 10:22
Group 1 - The article highlights that while AI stocks have garnered significant investor attention, other emerging technologies such as quantum computing, eVTOL aircraft, small modular nuclear reactors, and satellite technology have also performed exceptionally well [2][3] - AST SpaceMobile has emerged as a standout performer in the tech sector, with its stock delivering returns exceeding 1,000% over the past 18 months, significantly outperforming even major players like Nvidia [4] - The company is focused on building a satellite-based broadband network that connects with standard smartphones, aiming to provide service in areas lacking terrestrial cell coverage [5][6] Group 2 - AST SpaceMobile has launched six satellites since its inception in 2017 and plans to deploy a total of 45 to 60 satellites by 2026 to serve markets including the U.S., Europe, and Japan [7] - Following the expansion of its partnership with Verizon, AST SpaceMobile's market capitalization surged above $30 billion, indicating strong investor interest despite concerns that its valuation may be inflated [8]