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Banks enthusiastic for AST SpaceMobile – SatNews
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Banks enthusiastic for AST SpaceMobile – SatNews
AST SpaceMobile (AST) is expected to launch the first of its giant ‘second generation’ BlueBird satellites in July, and eventually will have around 250 satellites in orbit and will provide global direct-to-cellular and other broadband services. Bankers are getting increasingly enthusiastic about the company. Deutsche Bank, for example, in one of its ‘Stocks in Focus’ notes to clients, has given a price target of $64 for AST and more than doublin…
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