AST SpaceMobile shares are trading higher after the company announced it achieved 4G capabilities to everyday smartphones directly from space.
Portfolio Pulse from Benzinga Newsdesk
AST SpaceMobile announced that it has achieved 4G capabilities to everyday smartphones directly from space, leading to a rise in its share prices.
June 21, 2023 | 12:31 pm
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AST SpaceMobile's shares are trading higher after achieving 4G capabilities for smartphones directly from space.
AST SpaceMobile's announcement of achieving 4G capabilities directly from space is a significant technological milestone. This development has the potential to expand the company's market reach and improve its competitive position, leading to a positive impact on its share prices in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100