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Stock impact report

AST SpaceMobile Enters Defense Work As BlueBird 7 Launch Nears [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
AST SpaceMobile (NasdaqGS:ASTS) has been awarded a contract under the U.S. Missile Defense Agency's SHIELD program, adding a new defense oriented revenue channel. The company is preparing for the imminent launch of its BlueBird 7 satellite, part of its direct to device cellular broadband constellation. These developments expand AST SpaceMobile's role in both commercial connectivity and U.S. government space based communications. AST SpaceMobile, trading under NasdaqGS:ASTS, focuses on building a space based cellular broadband network intended to connect standard mobile phones without extra hardware. The new SHIELD program contract places the company in U.S. defense work, alongside its existing commercial connectivity ambitions. For investors, this introduces government related activity into a story that had been centered on telecom partnerships and satellite deployment. The upcoming BlueBird 7 launch is another step toward scaling the constellation that underpins the company' Show less Read more
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