AST SpaceMobile, Inc. Class A (ASTS)

AST SpaceMobile launched its BlueBird 6 satellite in December 2025, and BlueBird 7 was encapsulated in February 2026 with launch expected in March or April 2026, with further launches anticipated every one to two months to achieve a goal of 45 to 60 satellites in orbit by the end of 2026. The company has partnerships with telecommunication companies like Google, AT&T, Verizon, Vodafone, and Telus, including a $100 million partnership with Verizon to expand coverage in remote U.S. areas and a commercial contract with Vodafone for Europe and Africa through 2034. In February 2026, AST SpaceMobile raised $1.075 billion in gross proceeds from a new 10-year convertible senior notes offering and equitized $250.0 million of 2.375% convertible senior notes and $46.5 million of 4.250% convertible senior notes due 2032. For the fourth quarter of 2025, the company reported revenue of $54.3 million, exceeding analyst estimates, but missed on earnings per share, reporting -$0.26 against an expected -$0.18. The stock has increased by 307.65% over the past year as of April 10, 2026, but analysts currently hold a "Reduce" consensus rating. An executive from Meta Platforms Inc. publicly praised AST SpaceMobile after touring its facilities in April 2026.

Based on the available information, there is no explicit indication of demand seasonality for AST SpaceMobile's products and services. The company's mission to provide global cellular broadband connectivity suggests a consistent, year-round demand for its services.

AST SpaceMobile, Inc. (ASTS) is a satellite designer and manufacturer based in Midland, Texas, focused on building a space-based cellular broadband network. The company aims to provide 4G and 5G broadband connectivity directly to standard smartphones globally, particularly in remote and underserved areas. Its primary product is the SpaceMobile satellite constellation, including BlueBird satellites, designed to deliver cellular broadband directly to mobile devices. The next generation of BlueBird satellites is expected to offer significantly increased bandwidth capacity and peak data transmission speeds of up to 120 Mbps.

Headquartered in Midland, Texas, AST SpaceMobile has expanded its manufacturing operations within the United States, with five production facilities in Texas, a new facility in Homestead, Florida, and an existing location in Maryland, totaling approximately 500,000 square feet. While its manufacturing is primarily U.S.-based, the company aims to deploy a global satellite network to deliver cellular broadband connectivity worldwide.

AST SpaceMobile's brand reputation has been positively influenced by strategic partnerships with major telecommunication providers and the successful launch of its BlueBird 6 satellite. An endorsement from a Meta executive also highlighted the company's technological advancements. However, the company faces reputational challenges due to its operation in a high-risk sector, persistent satellite launch delays, limited commercial service, intensifying rivalry from other LEO satellite networks, and mixed analyst ratings.

As of April 10, 2026, 565 institutional owners and shareholders held a total of 150,391,414 shares of AST SpaceMobile, Inc. Major institutional owners include Rakuten, Inc., Vanguard Group Inc, Susquehanna International Group, Llp, BlackRock, Inc., Alphabet Inc., Vodafone Ventures Ltd, Citadel Advisors Llc, and Morgan Stanley. Institutional investors and mutual funds and ETFs collectively hold a substantial portion of the company's shares.