AST SpaceMobile ($ASTS) to Enable Continuous Space-Based Cellular Service Across Global Markets
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AST SpaceMobile (NASDAQ: ASTS) has announced agreements to secure orbital launch capacity for a global, space-based cellular broadband network. The launch campaign will begin in 2025-2026, using Blue Origin's New Glenn rocket and other vehicles to deploy up to 60 next-gen Block 2 BlueBird satellites.
November 15, 2024 | 2:15 pm
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AST SpaceMobile has secured launch capacity for its space-based cellular network, targeting high-demand markets. This strategic move involves deploying up to 60 satellites starting in 2025-2026.
The announcement of securing launch capacity for a global space-based cellular network is a significant development for AST SpaceMobile. It indicates progress in their strategic plans and potential future revenue streams from high-demand markets. The use of Blue Origin's New Glenn rocket adds credibility and feasibility to their plans, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100