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 $1.1 million a year ago, and reaffirmed its full-year revenue guidance of $150 million to $200 million. With a target of approximately 45 satellites by early 2027 and supportive U.S. government policies aiming to boost space launches, AST SpaceMobile presents a potential opportunity for patient investors. Additionally, the company’s ASTX offering could enhance returns as management executes its growth plan.
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...
SpaceX completed its 100th launch of 2026, pushing its Starlink constellation past 11,000 satellites in orbit. In response, the U.S. Space Force awarded five contracts worth $12 million each to companies including L3Harris, AST SpaceMobile, Rocket La...
Shares of major space companies like SpaceX, Rocket Lab, and AST SpaceMobile dropped Tuesday, driven by a broad selloff in AI hardware stocks and rising Treasury yields. While the overall Industrials sector gained, space stocks—classified under Indus...
