AST SpaceMobile develops a space-based cellular broadband network designed to connect standard, unmodified smartphones through BlueBird satellites in low Earth orbit. News about ASTS commonly covers satellite production and launches, FCC and spectrum authorizations, direct-to-device service capabilities, and commercial or government applications.
Company updates also include mobile network operator partnerships, government contracts, quarterly business results, revenue commitments, and capital actions tied to funding the SpaceMobile network and manufacturing plan.
AST SpaceMobile (NASDAQ: ASTS) reported Q3 2025 results and a business update highlighting commercial momentum and financing moves. Key points: $1.0B+ aggregate contracted revenue commitments; $3.2B pro forma cash and liquidity; Q3 GAAP revenue of $14.7M; reiterated H2 2025 revenue guidance of $50M–$75M. Announced definitive commercial agreements with Verizon and stc Group (stc: 10-year, $175M prepayment), intention with Vodafone for a European constellation, and a new U.S. Government contract award (subject to negotiation). Raised $1.15B gross from 10-year convertible notes. On track for multiple launches to reach 45–60 satellites by end of 2026 and initial activations in key markets in early 2026.
AST SpaceMobile (NASDAQ: ASTS) and Vodafone selected Germany for the main Satellite Operations Centre for their EU satellite constellation, with a site near Munich or Hannover pending final negotiations. SatCo plans commercial launch beginning in 2026 and reports interest from mobile network operators in 21 European countries. The planned constellation includes a command switch to manage TTC and service encryption keys for S-Band and Q/V-Band, and will support public protection and disaster relief (PPDR) and ground gateway integration.
AST filed ITU registrations through Germany and says the centre will monitor space events and provide secure backhaul to terrestrial 4G/5G networks.
AST SpaceMobile (NASDAQ: ASTS) and stc group signed a 10-year commercial agreement to deliver direct-to-device 5G/4G satellite broadband across Saudi Arabia and select Middle East and Africa markets. stc committed a $175 million prepayment and a long-term revenue commitment. AST SpaceMobile will build three ground gateways and a Network Operations Center in Riyadh. Commercial services target launch in Q4 2026, subject to regulatory authorizations across a 15-country footprint.
This partnership aims to extend coverage to remote areas and integrate space-based connectivity with stc’s terrestrial networks for consumers, enterprises, and government users.
AST SpaceMobile (NASDAQ: ASTS) will hold a quarterly business update conference call on Monday, November 10, 2025 at 5:00 p.m. ET. Management will accept and answer select questions from retail and institutional shareholders about the company’s business and financial results.
Investors can submit questions to investors@ast-science.com. The call will be streamed live via webcast on the company’s Investor Relations Events page at https://ast-science.com/investors/, and an archive will be posted shortly after the call.
AST SpaceMobile (NASDAQ: ASTS) priced a cash repurchase of $50.0 million aggregate principal of its 4.25% convertible senior notes due 2032 and a concurrent Registered Direct Offering of ~2.0 million Class A shares at $78.61 per share, with both closings expected on or about October 29, 2025. The repurchase will remove ~$13.5 million of remaining interest and unreserve approximately 1.85 million underlying shares. Transactions are cross-conditional. Separately, the company priced a private offering of $1.0 billion aggregate principal of 2.00% convertible senior notes due 2036, increased from $850.0 million, scheduled to settle on October 24, 2025.
AST SpaceMobile (NASDAQ: ASTS) priced a private offering of $1.0 billion aggregate principal amount of convertible senior notes due 2036, increased from a prior $850.0 million amount, with settlement expected on October 24, 2025.
The Notes carry a 2.00% annual coupon, an initial conversion price of approximately $96.30 per share (a ~22.5% premium to the Oct 21, 2025 share price), and an initial conversion rate of 10.3845 shares per $1,000 principal. Net proceeds are estimated at $981.9M (or $1,129.2M if $150M option exercised) for general corporate purposes and satellite deployment.
AST SpaceMobile (NASDAQ: ASTS) announced a proposed cash repurchase of up to $50.0 million principal of its 4.25% convertible senior notes due 2032, to be funded with net proceeds from a concurrent registered direct offering of Class A common stock and cash on hand.
The company intends to offer shares in the Registered Direct Offering (pricing and share count to be determined) and said the Repurchase is subject to market conditions and closing conditions and may not be consummated. Participating noteholders may buy/sell shares or enter derivative transactions that could be substantial relative to historic average daily volume and may adversely affect the trading price of ASTS stock.
Separately, AST SpaceMobile also intends a private offering of $850.0 million aggregate principal of new convertible senior notes due 2036, with a $150.0 million option for purchasers.
AST SpaceMobile (NASDAQ: ASTS) announced a proposed private offering of $850.0 million aggregate principal amount of convertible senior notes due January 15, 2036, with an initial purchasers' option to buy up to an additional $150.0 million.
The Notes will be senior unsecured, accrue semiannual interest, and be convertible into cash, shares of Class A common stock, or a combination at the company’s election; key pricing terms will be set at offering pricing. Net proceeds are intended for general corporate purposes, including funding global satellite deployment for SpaceMobile Service.
Separately, ASTS intends a registered direct offering and may repurchase up to $50.0 million of existing 4.25% convertible senior notes due 2032 using proceeds and cash on hand.
AST SpaceMobile (NASDAQ: ASTS) signed a definitive commercial agreement with Verizon (VZ) to provide space-based direct-to-device cellular broadband across the continental United States, with service planned to begin in 2026.
The partnership combines Verizon's terrestrial network and premium 850 MHz spectrum with AST SpaceMobile's LEO network and the largest-ever commercial communications arrays in orbit. The agreement covers AST SpaceMobile's licensed L- and S-band and up to 1,150 MHz of operator low- and mid-band spectrum. Companies completed successful demonstrations including a crystal-clear VoLTE call and two-way RCS between unmodified smartphones and an AST SpaceMobile BlueBird satellite.
AST SpaceMobile (NASDAQ: ASTS) reported its Q2 2025 results and provided significant business updates on its space-based cellular broadband network. The company confirmed its fully-funded plan to deploy 45-60 satellites by 2026, with five fully operational satellites and one test satellite currently in orbit. AST SpaceMobile expects revenue of $50-75 million in H2 2025 from government and commercial customers.
The company secured substantial financing, including $575 million from convertible notes and holds over $1.5 billion in pro-forma cash. AST SpaceMobile expanded its spectrum strategy by acquiring 60 MHz of global S-Band spectrum rights and received court approval for up to 45 MHz of L-Band spectrum access in the U.S. and Canada. The company's network aims to deliver up to 120 Mbps peak data speeds globally, supported by partnerships with over 50 mobile network operators reaching nearly 3 billion subscribers.