AST Spacemobile, headquartered in Midland, Texas, develops a space-based broadband network using LEO satellites to connect standard mobile devices, with an IPO since September 2019. The company employs 272 staff and tests its BlueWalker 3 satellite for service capabilities.
ASTS has been in the news recently: AST SpaceMobile Inc. shares are experiencing an increase following the announcement of its BlueBird satellites, which aim to deliver continuous high-speed cellular broadband to smartphones worldwide. Additionally, U.S. stocks rose on Monday, with the Dow Jones index gaining over 200 points, while gold and silver prices reached record highs.
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