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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 7 sources · 7 days · First seen · Last updated
AST SpaceMobile satellite connectivity development
Overview
AST SpaceMobile is developing a satellite-based cellular broadband network designed to connect unmodified mobile phones directly to satellites. The company utilizes a partner-driven model, establishing agreements with over 60 mobile network operators, including AT&T, Verizon, and Vodafone, to potentially reach a global subscriber base exceeding 3 billion users.
In its pursuit of infrastructure, AST SpaceMobile is competing with SpaceX for approximately $6 billion in spectrum licenses within the 800 MHz band. These licenses are considered essential for delivering satellite-based voice services across more than 3,200 US counties.
Financially, the company faces significant challenges, including high operational costs and a reported net loss of nearly $342 million in fiscal year 2025. While management has provided revenue guidance for 2026 between $150 million and $200 million, the company has also dealt with setbacks, such as the de-orbiting of the BlueBird 7 satellite, which resulted in a $125.9 million loss.
Entities
AST SpaceMobile · Verizon Communications · AT&T · Vodafone Group · Blue Origin
Timeline
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16 days ago
[BUSINESS] 4 sourcesAST SpaceMobile expands satellite broadband network via major carrier partnershipsAST SpaceMobile is scaling its direct-to-device satellite broadband network through partnerships with major carriers like AT&T and Verizon, targeting a global user base of 3 billion people.
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22 days ago
[TECHNOLOGY] 3 sourcesAST SpaceMobile and SpaceX compete for $6B spectrum portfolioAST SpaceMobile and SpaceX are competing for $6 billion in 800 MHz spectrum licenses to enable direct-to-device satellite voice services across the US.
Sources
cryptobriefing.com · foreignpolicyjournal.com · investorplace.com · it-boltwise.de · kapitalmarktexperten.de · stocknews.com · theascent.com