Fully Funded Key-Market Coverage Plan Lifts AST SpaceMobile

Starlink Rival Announces Plans to Take on Musk With a $1.5 Billion Satellite Push

AST SpaceMobile’s stock jumped after the company announced an ambitious plan to launch up to 60 satellites by 2026.

Fully funded key-market coverage plan lifts AST SpaceMobile

AST SpaceMobile shares rose more than 8% after the direct-to-smartphone operator said it has secured all the funding needed to deploy 45–60 satellites, enough to provide continuous coverage in the United States and other key markets. The post Fully funded key-market coverage plan lifts AST SpaceMobile appeared first on SpaceNews.

SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites

AST SpaceMobile, a satellite designer and manufacturer, said the company will deploy fully-funded satellites by 2026 in a rival to Elon Musk's SpaceX.

Starlink Rival Announces Plans to Take on Musk With a $1.5 Billion Satellite Push - WorldNL Magazine

Texas startup AST SpaceMobile announced its plan to launch 45 to 60 satellites by 2026, establishing itself as a worthy competitor to SpaceX’s Starlink constellation in building space-based broadband networks. The company announced its second-quarter earnings on Monday, revealing that it had $1.5 billion on its balance sheet to fund the deployment of dozens of its satellites, CNBC reported. The next day, AST SpaceMobile’s shares soared by more t…

AST SpaceMobile readies major satellite expansion, buys S-Band rights

AST SpaceMobile aims to deploy 45–60 satellites by 2026, enabling continuous broadband service in key global markets In sum – what to know: Fully funded expansion plan – AST SpaceMobile aims to deploy 45–60 satellites by 2026, enabling continuous broadband service in key global markets, with launches scheduled every one to two months in 2025–26. […]

AST SpaceMobile sets out deployment plan

AST SpaceMobile CEO Abel Avellan confirmed it has secured necessary funding to deploy 45 to 60 satellites into orbit by 2026, supporting the launch of services in the US later this year before expanding to Europe, Japan and other strategic markets. In a company update Avellan said it had six satellites in orbit today. Five are fully operational and one test satellite is for commercial and government applications. It plans to ramp up significantl…