Firefly Aerospace has secured a $1.3 billion contract with AST SpaceMobile to supply engines and license intellectual property for ASTS's Blacklift rocket program. This deal boosts Firefly's backlog to $1.7 billion and supports growth through new commercial, civil, and defense contracts extending to the end of the decade. The company maintains a strong cash position of $497 million, enabling further R&D and production capacity expansion. Analysts see this as a positive step toward profitability by fiscal year 2028, reaffirming a strong buy rating with a $50 price target.
AST SpaceMobile (ASTS) holds a market cap of $10.13 billion and an enterprise value of $11.45 billion as of Nov 12, 2026, 04:22 WIB. On Pluang, ASTS shares are trading at USD 36.97, up 9.74% for the day, with a volume of 25,613,003 and a typical hold time of 36 days. This strong trading activity coincides with Firefly Aerospace's recent $1.3 billion contract with AST SpaceMobile, highlighting investor interest in the sector.
AST SpaceMobile's stock has dropped 55% in 2026, hitting $32.35 after missing revenue estimates and reporting significant losses tied to a satellite launch failure. Despite holding over $3.2 billion in cash and having partnerships with over 60 mobile...
AST SpaceMobile reported a 187% increase in third-quarter revenue to $42.3 million, driven by growing product and service sales. The company now targets deploying 45 satellites by mid-2027, down from an earlier goal of 45-60 by the end of 2026, due t...
AST SpaceMobile, Inc. maintains its FY26 revenue guidance of $150–200 million despite missing Q3 estimates and facing execution challenges. The company aims to activate intermittent nationwide service by the end of 2026 and plans to have 45 satellite...
Rocket Lab's stock fell 9% after its Q3 report showed record backlog but a wider-than-expected loss, driven by one-time costs and delayed Neutron rocket launch. AST SpaceMobile dropped 6% following a price target cut by Bank of America due to slower ...
AST SpaceMobile is set to report its Q3 2026 earnings with an expected loss of $0.42 per share and revenue of $45.7 million. The company is advancing its satellite network technology, including a new joint venture with Rakuten to build a direct-to-de...
