AST SpaceMobile reported Q1 2026 results with a $0.66 per share loss, wider than the expected $0.23 loss, and revenue of $14.7 million, well below the $39 million forecast. The revenue shortfall was mainly due to lower gateway deliveries, while operating expenses rose to $164.1 million driven by higher engineering and administrative costs. Despite the miss, the company maintained its 2026 revenue guidance of $150-$200 million and highlighted progress in satellite deployment and global network partnerships. The firm plans to launch more satellites this year and expand its commercial footprint across multiple countries targeting billions of people.
AST SpaceMobile is developing a satellite network that enables direct phone connectivity without special devices, targeting 5 billion global mobile users with connectivity gaps. The company has secured $1.2 billion in partner contracts with major car...
Rocket Lab's CFO Adam Spice said a potential SpaceX IPO in mid-2026, valued around $1.5 trillion, could reshape the space stock market by distinguishing strong companies with real infrastructure and growth from weaker ones. He expects SpaceX's public...
AST SpaceMobile reported a Q1 loss of 66 cents per share, missing the expected loss of 23 cents, with revenue of $14.74 million falling short of the $37.63 million estimate. The company attributed revenue to gateway deliveries and U.S. government mil...
Shares of AST SpaceMobile have more than tripled over the past year, rising sharply as investors anticipate the company's first-quarter earnings report. The satellite firm aims to launch the first-ever space-based cellular broadband network for both ...
The Procure Space ETF (UFO) provides genuine exposure to space-related companies, focusing on satellite operators and rocket builders rather than traditional aerospace giants. It tracks the S-Network Space Index, holding companies like Planet Labs an...
