Overview

• Shares gained about 6% Monday to $86.75 as enthusiasm around SpaceX’s upcoming Starship test lifted space-related names, with AST SpaceMobile trading near its 52-week high.
• A definitive agreement with Verizon will provide direct-to-cellular satellite service across the continental U.S. beginning in 2026.
• AST SpaceMobile integrates satellite capacity into carriers’ networks so standard smartphones connect without new hardware, and the company reports engagements with more than 50 operators globally.
• The company targets 45 to 60 BlueBird satellites in orbit by 2026 with launches planned every one to two months and says the fleet is fully funded.
• AST SpaceMobile’s market value is roughly $31 billion despite minimal current revenue and sizable losses, and it recently filed to sell up to $800 million in stock while holding $924 million in cash.