Welcome to our dedicated page for Ast Spacemobile news (Ticker: ASTS), a resource for investors and traders seeking the latest updates and insights on Ast Spacemobile stock.
AST SpaceMobile, Inc. (NASDAQ: ASTS) generates frequent news as it advances its plan to build a space-based cellular broadband network that connects directly to standard, unmodified smartphones. Company announcements highlight progress in satellite launches, commercial agreements with mobile network operators, manufacturing expansion, and capital markets activity, all tied to its goal of closing connectivity gaps for mobile subscribers worldwide.
Recent press releases describe the successful orbital launch of BlueBird 6, which AST SpaceMobile calls the largest commercial communications array ever deployed in low Earth orbit. The company also reports on its next-generation BlueBird satellites, designed with large phased-array antennas and proprietary ASICs to support high-speed 4G and 5G connectivity, including voice, data, and video, directly from space to everyday mobile devices.
News about AST SpaceMobile often covers long-term commercial agreements and partnerships. Examples include a ten-year commercial agreement with stc group to enable direct-to-device satellite connectivity across Saudi Arabia and key regional markets, as well as definitive commercial agreements with Verizon and a planned EU constellation with Vodafone to serve mobile network operators across Europe. These stories provide insight into how the company intends to integrate its space-based network with terrestrial infrastructure.
Investors and industry followers can also find updates on AST SpaceMobile’s manufacturing footprint in Texas, Maryland, and Florida, its vertically integrated production of BlueBird satellites, and financing developments such as convertible note offerings and at-the-market equity programs. This news page aggregates such announcements so readers can follow ASTS-related developments in satellite telecommunications, direct-to-device connectivity, and strategic partnerships over time.
AST SpaceMobile (NASDAQ: ASTS) and Vodafone have announced Luxembourg as the headquarters for their joint venture company, SatCo, which will deliver space-based cellular broadband connectivity across Europe. The venture has already garnered interest from mobile operators in 21 EU member states, with commercial launches expected in 2026.
The companies have achieved significant technical milestones, including the world's first European space-based mobile video call to an unmodified phone from the UK, and demonstrated 4G and 5G capabilities with download speeds exceeding 20 Mbps. The upcoming 2025 next-generation satellites are expected to enable peak data rates of 120 Mbps.
The Luxembourg-based venture will deploy a network of earth stations integrating with existing 4G/5G terrestrial networks, providing secure backhaul links and extended coverage through AST SpaceMobile's low Earth orbit satellite constellation. The service will enable automatic switching between space and land-based networks, supporting Europe's Digital Decade 2030 targets.
AST SpaceMobile (NASDAQ: ASTS) and Fairwinds Technologies have successfully demonstrated the world's first tactical Non-Terrestrial Network (NTN) satellite communications system capable of delivering high-throughput data, voice, and video using standard smartphones.
The field test, conducted near AST SpaceMobile's gateway facility in Oahu, Hawaii, showcased defense-related applications including real-time connectivity to the Tactical Assault Kit (TAK), multimedia streaming, and secure multi-party video calls. The demonstration was attended by representatives from various U.S. military branches and defense organizations.
This initiative follows a Defense Innovation Unit (DIU) award to the Fairwinds/AST SpaceMobile team under the Hybrid Space Architecture 2 project, with additional testing planned for open ocean environments in the coming months.
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.
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.