AST SpaceMobile, Inc. (ASTS) has gained a stellar 800% over the past six months compared with the industry’s growth of 5.8%. It has also outperformed its peers like Aviat Networks, Inc. (AVNW) and Comtech Telecommunications Corp. (CMTL) over this period. This Midland, TX-based broadband service provider is reportedly developing the first and only global cellular broadband network in space based on its extensive IP and patent portfolio. With a diverse portfolio of more than 3,400 patent and patent-pending cl ...

Robert Michaud/iStock Editorial via Getty Images AST SpaceMobile (NASDAQ:ASTS) investors have had a long and bumpy ride over the years since the company's SPAC origins in 2021, but finally the company's biggest milestone to date is about to arrive with a launch slated for early Thursday morning. This is just the beginning of a series of launches that will allow the company to offer communication services to the entire continental US and, in time, the globe. The market for this potential is substantial a ...

AST SpaceMobile, Intuitive Machines, and QuantumScape could skyrocket.Over the past few years, many speculative tech companies went public by merging with special purpose acquisition companies (SPACs). Some of those stocks initially soared, but a lot of them fizzled out after they broadly missed their pre-merger projections. Rising interest rates also drove many investors to dump those riskier stocks.But now that interest rates are set to decline over the next few quarters, it might be time to revisit some ...

The Rise of the Private Space IndustryThere’s a reason the term “rocket scientist” is used to describe someone who is extremely mentally sharp. Rocketry and space travel are among the most difficult endeavors due to the unique engineering challenges, astronomical costs, and the uncertainty and risk associated with them.To illustrate this difficulty, one must realize is that the United States first landed on the moon in the late 1960s, when Richard Nixon was still the President. The last time a human was on ...

AST SpaceMobile was a stock darling in August, but not so far in September.In the run-up to AST SpaceMobile's (ASTS -0.65%) most important satellite launch to date, investors piled into the stock. Shares of the company soared 40.4% in August, according to data provided by S&P Global Market Intelligence. That came as the maker of satellites for space-based cellular broadband prepares for the launch of its first five commercial satellites as early as this week.But investors may have gotten ahead of themselves ...

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Shares in this satellite company have risen over 450% in 2024. Can the rally continue?With its shares up over 450% year to date, AST SpaceMobile (ASTS -8.22%) has caught the attention of growth-hungry investors looking for the next big thing. The Texas-based satellite maker is rapidly moving toward launching its first satellites into low Earth orbit, and full commercial operations could soon follow. Let's explore what the next 12 months could have in store for the company and its shareholders. What is AST S ...

AST SpaceMobile stock has had an incredible year so far.In today's video, I will be talking about the recent updates regarding AST SpaceMobile (ASTS -8.22%). Check out the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Sept. 6, 2024. The video was published on Sept. 6, 2024. ...

AST SpaceMobile TodayASTSAST SpaceMobile$28.45 -4.63 (-14.00%) 52-Week Range$1.97▼$39.08Price Target$43.73Add to WatchlistAST SpaceMobile NASDAQ: ASTS has been on an incredible tear in 2024, surging nearly 450% YTD. It has also sidestepped recent market weakness and displayed remarkable relative strength, particularly in the last quarter, where it gained close to 300% versus the technology sector's negative return in the same period. The company's rapid rise has raised questions about whether there's still ...

The company just said it doesn't need to sell stock -- but will it go ahead and sell $400 million worth anyway?The story around AST SpaceMobile (ASTS -17.13%) keeps getting curiouser and curiouser.In an article published Wednesday, I suggested that after its dramatic spike in share price in recent months, the satellite communications start-up should logically now sell a lot of stock and raise a lot of cash.Just hours later, AST denied that it had any such intention, saying that it has all the cash it needs ...