AST SpaceMobile, Inc. (NASDAQ:ASTS) Q1 2024 Earnings Conference Call May 15, 2024 5:00 PM ET Corporate Participants Scott Wisniewski - Chief Strategy Officer Abel Avellan - Chairman and Chief Executive Officer Sean Wallace - Chief Financial Officer Conference Call Participants Mike Crawford - B. Riley Securities Brian Kraft - Deutsche Bank Andres Coello - Scotiabank Chris Schoell - UBS Chris Quilty - Quilty Analytics Operator Good day and thank you for standing by. Welcome to the AST SpaceMobile First Quart ...

Transforming how the world connects NASDAQ: ASTS ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, par value $0.0001 per share ASTS The Nasdaq Stock Market LLC Warrants exercisable for one share of Class A common stock at an exercise price of $11.50 ASTSW The Nasdaq Stock Market LLC (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2 ...

PRESS RELEASE EXHIBIT 99.1 AST SpaceMobile Provides Business Update and First Quarter 2024 Results MIDLAND, TX, May 15, 2024 – AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the three months ended March 31, 2024. "I am grateful for our global team's unwavering dedication and ha ...

AST SpaceMobile has a great plan, but investors don't seem to be confident that it can actually bring that plan to fruition.Shares of AST SpaceMobile (ASTS -4.24%) are down over 80% from their peak. Over the past year, the stock has lost around 50% of its value. This is a high-risk investment, but with a sub-$3 share price, some investors might be interested in bottom-fishing. Is it worth it?What does AST SpaceMobile do?At this point in time, AST SpaceMobile doesn't really do anything from a business perspe ...

One of the golden rules in the market (and in life) is that you get what you pay for, which makes the concept of cheap tech stocks a bit questionable. Yes, they may be cheap, priced at under $10. But is that really a good thing?Invariably, when you take a shot in the market, you must choose between higher potentiality or higher predictability. The former approach is more tempting because it means more upside – if you get it right. If you don’t, you’re probably looking at steep losses. At that point, you sho ...

AST SpaceMobile is a high-risk investment, but if you believe the story, it is just walking up to the starting line.AST SpaceMobile's (ASTS -2.34%) big idea is to create a space-based cellular broadband service. It's an interesting concept, noting that Elon Musk's SpaceX has a similar service called Starlink. The good news is that if you believe in AST SpaceMobile's story, you have plenty of time to buy it. Just don't forget that there's some bad news here, as well.There's plenty of time to buy AST SpaceMob ...

AST SpaceMobile is a public company that's trying to compete with Elon Musk's Starlink service.AST SpaceMobile (ASTS -2.88%) reached an important milestone in 2023. In 2022, it put a functioning cellular broadband satellite into space, with testing in 2023 proving that the satellite could actually do what management said it would.In effect, AST SpaceMobile has shown it is capable of competing with Elon Musk's much bigger and more established Starlink. Is that enough to make this company a buy, or are invest ...

How would you like to turn a $100,000 investment into $1 million? This may become a reality with a space stocks bet. Although doing so would require significant growth over the next 10-15 years, they have potential to deliver outsized returns. The question is – are you a patient, risk-tolerant investor?Over the past decade, we’ve witnessed a transformation in the space economy, driven by rapid leaps in technology and falling launch costs. But of course, investing in space ventures is not without its risks. ...

The satellite cell-service provider has big ambitions but little so far to show for its efforts. It will have to spend a lot of money before the business takes off.AST SpaceMobile (ASTS 0.95%) has an interesting business plan, which is basically designed to ensure that cellphone users can make calls from anywhere on the planet. How? By creating a space-based cellular broadband telecommunications network.The idea of no more dead zones is attractive, but it will take a lot of cash to get the company to a poin ...