AST SpaceMobile, Inc. operates space-based cellular broadband network for mobile phones. Its SpaceMobile network is being designed to provide connectivity at 4G/5G speeds on land, at sea, and in flight. The company is based in Midland, Texas.
IPO Year: 2019
Exchange: NASDAQ
Website: ast-science.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/8/2024 | $7.00 | Buy | UBS |
3/6/2024 | $7.50 | Sector Outperform | Scotiabank |
10/28/2022 | $15.00 | Buy | B. Riley Securities |
7/12/2021 | $29.00 | Overweight | Barclays |
6/30/2021 | $35.00 | Buy | Deutsche Bank |
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AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the third quarter ended September 30, 2024. "We achieved many significant milestones in the quarter and continue our momentum with several key pieces now in place," said Abel Avellan, Founder, Chairman and CEO of AST SpaceMobile. "With the first five BlueBird satellites successfully unfolded and entering initial operations, our business is progressing according to plan. We've advanced our strategy across multiple
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Thursday, November 14th at 5:00pm (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to [email protected] and will also be added to our Investor Relat
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the second quarter ended June 30, 2024. "We stand at a pivotal moment for AST SpaceMobile," said Abel Avellan, Founder, Chairman and CEO of AST SpaceMobile. "The arrival of our first five commercial satellites at the launch site marks the culmination of years of relentless innovation and perseverance, in partnership with industry leaders like AT&T, Google, Verizon, Vodafone, and Rakuten, among others. The upcoming
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Wednesday, August 14th at 5:00pm (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to [email protected] and will also be added to our Investor
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the three months ended March 31, 2024. "I am grateful for our global team's unwavering dedication and hard work as we prepare for the launch of our first five commercial satellites and initial commercial service," said Abel Avellan, Chairman and CEO of AST SpaceMobile. "We are set up for an exciting summer ahead as we push forward on all fronts of our business." Business Update On target for July or August de
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Wednesday, May 15th at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer selected questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to [email protected] and will also be added to our Investo
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the three months and fiscal year ended December 31, 2023. "It has been a busy and exciting start to 2024 for AST SpaceMobile, with new partners joining our mission, manufacturing ramping, and commercialization approaching," said Abel Avellan, Chairman and CEO of AST SpaceMobile. "With a clear vision and a strong foundation, AST SpaceMobile is well-positioned to lead the charge in bridging the digital divide." Bu
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced it will hold a quarterly business update conference call on Monday, April 1st at 5:00 p.m. (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to [email protected] and will also be added to our Investor Relations mailing list. The call will be accessible via a live
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, is providing its business update for the third quarter ended September 30, 2023. "The manufacturing of our first five commercial satellites is at full speed at our Texas facilities, and we are looking forward to our expected launch in Q1 2024 as we target initial commercial service for both mobile network operators and governmental entities starting in 2024," said Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile. "In the third quarter, AST SpaceMobile announced another historic achievement
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced it will hold a quarterly business update conference call on Tuesday, November 14th at 5:00 p.m. (Eastern Time). The company is also providing its preliminary estimated financial results for the third quarter ended September 30, 2023. AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to
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UBS initiated coverage of AST SpaceMobile with a rating of Buy and set a new price target of $7.00
Scotiabank initiated coverage of AST SpaceMobile with a rating of Sector Outperform and set a new price target of $7.50
B. Riley Securities initiated coverage of AST SpaceMobile with a rating of Buy and set a new price target of $15.00
Barclays initiated coverage of AST SpaceMobile with a rating of Overweight and set a new price target of $29.00
Deutsche Bank initiated coverage of AST SpaceMobile with a rating of Buy and set a new price target of $35.00
Executive leadership team set to accelerate commercialization and manufacturing efforts to support space-based cellular broadband network build out AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones and is designed for both commercial and government use, today announced a strategic realignment of its executive leadership team including the appointment of Scott Wisniewski, who currently serves as Chief Strategy Officer, to the additional role of President, Shanti Gupta, who currently serves as Chief Accounting Officer, as Chief Operations Officer, and Andrew John
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today announced the appointment of Chris Sambar to its Board of Directors, effective June 20, succeeding Alex Coleman, Chairman at New Providence Acquisition Corp. Mr. Sambar brings a distinguished career in leadership and technology to AST SpaceMobile, further strengthening the company's expertise as it prepares for its next phase of growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624944397/en
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the appointment of telecom industry veteran Johan Wibergh to its Board of Directors, effective June 3rd. Wibergh brings over 35 years of experience in the telecommunications sector, including leadership positions at Vodafone and Ericsson. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240604977331/en/Johan Wibergh (Photo: Business Wire) "We are thrilled to welcome Johan to our B
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the appointment of Andrew Johnson as Chief Legal Officer. Johnson has assumed his new role effective May 6, 2024. Johnson brings over 24 years of diverse legal experience across emerging markets, capital markets and international operations to AST SpaceMobile's executive team. He most recently served as Executive Vice President, Chief Legal Officer and Chief Corporate Development Officer for 3D Systems Corporation, a publicly traded compa
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced the appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development. AST SpaceMobile believes this appointment underscores the natural alignment between the company's mission to connect the unconnected by bringing broadband to the billions worldwide and the Broadband Commission's efforts to promote universal connectivity as a cornerstone of a sustainable and inclusive future. This press release features multimedia.
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced the appointment of Sean Wallace as Executive Vice President and Chief Financial Officer. Wallace will assume his new role effective May 10, 2022. Wallace brings decades of diverse financial experience across emerging markets, capital markets and international telecommunications operations to AST SpaceMobile's executive team. He most recently served as Chief Financial Officer and Treasurer for Cogent Communications, one of the leading internet service providers in the world with o
With existing 3GPP spectrum strategy and new lower mid-band satellite spectrum access, AST SpaceMobile could maximize the potential of its growing in-orbit network, expanding subscriber capacity while enabling peak data transmission speeds up to 120 Mbps to everyday smartphones everywhere in the continental United States Agreement would pair AST SpaceMobile's largest-ever commercial communication arrays deployed in low Earth orbit and planned nationwide low-band network with up to an additional 45 MHz of lower mid-band satellite spectrum capabilities, the largest available block of high-quality nationwide spectrum in the United States AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:AS
Agreement sets up Vodafone to offer space-based cellular broadband in its home and partner markets AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, and Vodafone Group Plc (Vodafone) (LSE: VOD), a leading European and African telecommunications company, announced today that they have entered into a definitive long-term commercial agreement through 2034. This is a significant step forward in their collaboration to expand broadband connectivity globally. This press release features multimedia. View the f
Innovative design solutions from Cadence accelerate AST SpaceMobile's mission to connect everyday smartphones worldwide with satellite technology Cadence Design Systems, Inc. (NASDAQ:CDNS) and AST SpaceMobile, Inc. (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, announced today their collaboration to advance AST SpaceMobile's mission to eliminate connectivity gaps and connect people around the world with high-speed, space-based internet access. This press release features multimedia. View the full release here: https://www.businesswire.com/ne
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced participation in the following upcoming investor conferences: Deutsche Bank 2024 Global Space Summit, taking place on Wednesday, November 20 in New York, NY 13th Annual ROTH Technology Conference, taking place on Wednesday, November 20 in New York, NY UBS Global Media & Communications Conference, taking place on Tuesday, December 10 in New York, NY Investors who wish to request a meeting should contact their sales representa
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the third quarter ended September 30, 2024. "We achieved many significant milestones in the quarter and continue our momentum with several key pieces now in place," said Abel Avellan, Founder, Chairman and CEO of AST SpaceMobile. "With the first five BlueBird satellites successfully unfolded and entering initial operations, our business is progressing according to plan. We've advanced our strategy across multiple
Launch campaign from Cape Canaveral Florida Space Force Station is planned during 2025 and 2026, utilizing existing launch vehicles and Blue Origin's New Glenn for up to ~60 Block 2 satellites, each the largest-ever commercial communications arrays deployed into low Earth orbit AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced launch services agreements securing the orbital launch capacity to enable continuous space-based cellular broadband service coverage across some of the most in
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Thursday, November 14th at 5:00pm (Eastern Time). AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile's business and financial results on the conference call. Investors are encouraged to submit questions to [email protected] and will also be added to our Investor Relat
Key post-launch activity completed in preparation for commercial and government services AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the successful unfolding of its first five commercial satellites, BlueBirds 1-5. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241025345390/en/AST SpaceMobile BlueBird 1-5 unfolded, US coverage with 5600+ cells (Graphic: Business Wire) With this significant post-launch technical activity no
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced its selection by the Space Development Agency (SDA) for an Other Transaction (OT) agreement to compete for upcoming prototype demonstration projects under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program. The HALO program is a strategic initiative designed to accelerate the development and deployment of advanced space technologies. With this program, the SDA aims to foster competition, drive innovation, and rapidly de
AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the final results and completion of its redemption of all of its outstanding publicly traded warrants (the "Public Warrants") to purchase shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), that were issued under the Warrant Agreement dated as of September 13, 2019 (the "Warrant Agreement"), by and between AST SpaceMobile (f/k/a New Providence Acquisition Corp. ("NPA")) and Continental Stock Transfer &