Japan's government has selected a joint venture between Rakuten and AST SpaceMobile for its J-LEO satellite initiative, providing up to $1 billion in funding and pushing the program's value toward $2 billion with private matching. AST SpaceMobile is deploying its BlueBird constellation, with 13 satellites already in orbit and plans for about 45 by early 2027, aiming to offer direct-to-device cellular service from space. This move positions ASTS as a key player in satellite operating systems, distinct from SpaceX's Starlink, with strong industry partnerships and a solid financial base. Investors should watch ASTS closely as Japan moves from preliminary awards to signed contracts, signaling a potential shift in the satellite connectivity market.
AST SpaceMobile's stock rose 4% after Europe's four largest wireless carriers signed a letter of intent to explore a joint bid for mobile satellite services spectrum. This move could expand AST's BlueBird satellite network, which currently has 13 sat...
Rocket Lab announced a delay in the first flight of its Neutron medium-lift reusable rocket to 2027 after discovering voids in the carbon composite layers of the propellant dome during manufacturing. While the flaw won't cause flight failure and has ...
