Pomerantz LLP is investigating AST SpaceMobile and some of its executives for potential securities fraud following significant stock price declines. The stock fell notably after a downgrade by Scotiabank in January 2026, citing competition and delays, and again in July 2026 after AST announced a $1 billion convertible notes offering. This investigation could lead to a class action lawsuit if wrongdoing is found, impacting investors and the company’s reputation.
AST SpaceMobile shares fell 4% following SpaceX's announcement of winding down Falcon 9 Starlink launches from Florida, shifting to Starship. This transition highlights risks for companies like AST SpaceMobile that rely on third-party launch provider...
Space launch stocks like SpaceX, Rocket Lab, and AST SpaceMobile dropped despite President Trump's memo directing federal agencies to aim for 1,000 launches annually by 2030, a significant increase from 178 last year. The market is cautious, focusing...
AST SpaceMobile has a $1.3 billion contracted backlog, lowering its enterprise value to sales ratio to 15.93x amid recent market declines. The company leverages wholesale partnerships with mobile network operators to access over 3 billion users, redu...
AST SpaceMobile's stock is down about 5.8% year-to-date, even as the company expanded its satellite fleet to 13 and increased its backlog and liquidity to over $3.7 billion. The company reported Q2 revenue of $31.5 million, a significant jump from $1...
