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 578 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, Israel and Lithuania.
Follow-Up Questions
Who is the CEO of AST SpaceMobile Inc?
Mr. Abel Avellan is the Chairman of the Board of AST SpaceMobile Inc, joining the firm since 2021.
What is the price performance of ASTS stock?
The current price of ASTS is $68.51, it has decreased 2.19% in the last trading day.
What are the primary business themes or industries for AST SpaceMobile Inc?
AST SpaceMobile Inc belongs to Telecommunication industry and the sector is Communication Services
What is AST SpaceMobile Inc market cap?
AST SpaceMobile Inc's current market cap is $24.7B
Is AST SpaceMobile Inc a buy, sell, or hold?
According to wall street analysts, 11 analysts have made analyst ratings for AST SpaceMobile Inc, including 2 strong buy, 10 buy, 5 hold, 0 sell, and 2 strong sell