AS

AST SpaceMobile

ASTS
NASDAQCommunication Services
$82.41
USD
-15.15(-15.53%)
At close: Jun 12, 20:00 UTC

Open

$82.50

Prev. Close

$82.55

High

$82.57

Low

$82.06

Market Snapshot

Market Cap

$31.48B

P/E Ratio

-64.6

EPS

-1.82

Revenue

$4.42M

Why ASTS moved

AST SpaceMobile's recent challenges include share price decline amid investor preference for SpaceX, despite achieving critical regulatory approvals and securing vital contracts for satellite operations.

About

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. The company is headquartered in Midland, Texas and currently employs 1,126 full-time employees. The company went IPO on 2019-09-13. The firm is engaged in designing and developing the constellation of BlueBird (BB) satellites and has planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. Its SpaceMobile Service is being designed to provide high-speed cellular broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The firm intends to continue testing capabilities of the BW3 test satellite, including further testing with cellular service providers and the government. The firm has operations in India, Scotland, Spain, and Israel.

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