Tag: $AST SpaceMobile

AST SpaceMobile(ASTS) stock was surging early Tuesday. The satellite company’s ambition of challenging Elon Musk’s SpaceX looks to be closer to reality.

-AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update and results for the first quarter ended March 31, 2025.

AST SpaceMobile, Inc. the company building a space-based cellular broadband network, reported better-than-expected fourth quarter results, sending shares up 2.1% in after-hours trading.

AST SpaceMobile, Inc. (“AST SpaceMobile”), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced an agreement for long-term access to up to 45 MHz of lower mid-band spectrum in the United States for direct-to-device satellite applications.

Shares of AST SpaceMobile Inc. fell about 18% in extended trading Thursday after the space-based broadband company’s third-quarter loss widened.

Telecom giant AT&T has struck a deal with satellite provider AST SpaceMobile  to deliver a space-based broadband network direct to cell phones, the companies said on Wednesday.

Shares of AST SpaceMobile rose more than 12% after the company, which is developing a space-based cell network, said it has achieved repeated download speeds of more than 10 Mbps and reached 4G speeds using unmodified smartphones.