Ast Spacemobile Inc Stock Price, News & Analysis

AST SpaceMobile (NASDAQ: ASTS) has announced a significant debt restructuring through two concurrent transactions. The company will repurchase $225 million of its 4.25% convertible notes due 2032, representing approximately half of its outstanding convertible debt. To fund this repurchase, ASTS will conduct a registered direct offering of 9.45 million shares at $53.22 per share to participating note holders.

The transactions will result in removing approximately 8.3 million underlying shares and eliminating about $63.8 million in remaining interest payments. After the repurchase, $235 million of the 2032 convertible notes will remain outstanding. The company will maintain its existing capped call positions, which help reduce dilution. Both transactions are expected to close around July 1, 2025.

Vi (Vodafone Idea) and AST SpaceMobile (NASDAQ: ASTS) have announced a strategic partnership to expand mobile connectivity across India's unconnected regions using space-based cellular broadband technology. AST SpaceMobile's revolutionary system connects directly to standard smartphones without requiring specialized software or hardware. The collaboration aims to complement Vi's terrestrial network in challenging terrains, targeting India's massive market of 1.1 billion mobile subscribers. AST SpaceMobile will develop and manage the satellite constellation, while Vi will handle terrestrial network integration, spectrum operations, and market access. The partnership supports Digital India's vision of universal mobile access and will enable 4G/5G connectivity directly from space, benefiting sectors like emergency response, disaster management, agriculture, and remote learning.

AST SpaceMobile (NASDAQ: ASTS) has announced a Settlement Term Sheet that will provide the company with long-term access to up to 45 MHz of premium lower mid-band spectrum in North America for direct-to-device satellite applications. The agreement involves multiple parties including Ligado Networks, Viasat, and Inmarsat, granting ASTS spectrum usage rights for 80+ years. The transaction, valued at approximately $550 million, will be financed through a non-recourse senior-secured term loan facility. AST SpaceMobile currently operates five BlueBird satellites with 700-square-foot communications arrays and plans next-generation Block 2 BlueBirds with 2,400-square-foot arrays, capable of delivering peak data speeds up to 120 Mbps. The combination of low-band and mid-band spectrum positions ASTS to provide nationwide coverage with over 5,600 coverage cells in the United States.

AST SpaceMobile (NASDAQ: ASTS), the pioneer in space-based cellular broadband networks accessible by standard smartphones, has earned a position in the prestigious Russell 1000® Index, effective June 27, 2025. This inclusion places ASTS among the top 1,000 U.S. companies by market capitalization. The membership, which lasts for one year, is particularly significant as approximately $10.6 trillion in assets are benchmarked against Russell US indexes as of June 2024. CFO Andrew Johnson highlighted this milestone as a testament to their mission of eliminating coverage gaps and bringing cellular broadband connectivity to billions of unconnected people worldwide. The inclusion is expected to increase the company's visibility among institutional investors and investment managers who use these indexes as benchmarks.

AST SpaceMobile (NASDAQ: ASTS) reported its Q1 2025 results and provided significant business updates. The company plans five orbital launches over the next 6-9 months, with the first Block 2 BlueBird satellite launch scheduled for July 2025. Manufacturing capacity is set to reach six satellites per month in 2025. The company expects revenue of $50-75 million in H2 2025 and has secured contracts worth up to $63 million with U.S. government agencies. AST successfully demonstrated two-way broadband video calls with major carriers using unmodified smartphones. The company maintains a strong financial position with $874.5 million in cash and is pursuing over $500 million in potential non-dilutive capital. Operating expenses for Q1 2025 were $63.7 million, up from $60.6 million in Q4 2024.

AST SpaceMobile (NASDAQ: ASTS), the pioneer in space-based cellular broadband networks directly accessible by standard smartphones, has scheduled a quarterly business update conference call for May 12, 2025, at 5:00 p.m. ET. The company will address selected questions from both retail and institutional shareholders during the call.

Shareholders can submit their questions via email to investors@ast-science.com. The conference call will be available through a live webcast on the Events page of AST SpaceMobile's Investor Relations website, with a recording available shortly after the event.

AST SpaceMobile (NASDAQ: ASTS) has signed a Coordination Agreement with the U.S. National Science Foundation (NSF) to implement best practices between satellite communications and ground-based astronomy operations. The agreement focuses on mitigating potential impacts on astronomical facilities through measures such as reducing satellite brightness and providing real-time satellite positioning data to observatories.

The company, which is building the first space-based cellular broadband network accessible directly by standard smartphones, will adopt recommendations from the International Astronomical Union's Dark and Quiet Skies initiative. This collaboration demonstrates AST SpaceMobile's commitment to responsible space stewardship while pursuing its mission to eliminate connectivity gaps and provide broadband access globally.

AST SpaceMobile (NASDAQ: ASTS) reported its Q4 and full year 2024 results, highlighting significant progress in its space-based cellular broadband network development. The company secured a definitive commercial agreement with Vodafone through 2034 covering 20+ countries and a $43M contract with the U.S. Space Development Agency.

Key operational achievements include:

• Full operational status for first five BlueBird commercial satellites
• Successful two-way video call demonstrations with AT&T, Verizon, and Vodafone
• Accelerated production of 40 Block 2 BlueBird satellites
• Contracted launch capacity for approximately 60 satellites during 2025-2026

Financially, AST SpaceMobile reported $567.5M in cash as of December 31, 2024, with Q4 operating expenses of $60.6M. The company recently closed a $460M convertible notes offering, bringing pro-forma cash to nearly $1.0B. Total capitalized property and equipment costs reached $460M with accumulated depreciation of $122.4M.

Vodafone and AST SpaceMobile (NASDAQ: ASTS) have signed an agreement to establish a joint European satellite service business ('SatCo') to provide space-based cellular broadband connectivity. The venture aims to deliver 100% geographic coverage across Europe, offering direct-to-smartphone satellite services to mobile network operators (MNOs).

On January 27, 2025, Vodafone completed the world's first space-based mobile video call using BlueBirds satellites. The service will be commercially available across Europe during 2025 and 2026, working seamlessly with 4G or 5G smartphones without requiring specialized software or device modifications.

The partnership includes establishing a research hub in Malaga by Summer 2025, supported by the Spanish Space Agency. AST SpaceMobile is expanding its European presence with a new 5,600-square-meter facility in Barcelona for manufacturing and office space.