Overview
- AST SpaceMobile is developing a satellite mobile broadband network designed to connect directly to standard smartphones through carrier partnerships.
- The company’s shares have climbed more than 1,000% over the past three years, with much of the surge since mid‑2024.
- The business has not yet delivered a fully functional service, reflecting its early stage of commercialization.
- In the first half of 2025, AST SpaceMobile reported about $1.9 million in revenue against roughly $137.6 million in spending.
- Management aims to deploy between 45 and 60 satellites across 2025 and 2026, with costs expected to remain substantial during the buildout.