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0.000155098133078006 -0.00162757300143611 -0.000670177118238462 -0.00134035423647679 -0.00105313547151747 -0.000670177118238462 -0.00134035423647679 -0.000957395883197648
Stock impact report

AST SpaceMobile's TELUS Deal And Defense Win Reshape Growth Outlook [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. AST SpaceMobile (NasdaqGS:ASTS) and TELUS entered a commercial agreement to deliver space based cellular broadband across remote parts of Canada. TELUS is also taking an equity stake in AST SpaceMobile, adding a capital component to the operational partnership. The company secured a major U.S. Space Development Agency contract to provide tactical satellite communications for government customers. AST SpaceMobile reports rapid progress on operational milestones that support both commercial and government service deployment. AST SpaceMobile focuses on building a space based cellular broadband network designed to connect standard mobile phones directly to satellites. The new partnership with TELUS extends this concept into remote Canadian regions where terrestrial coverage can be limited, while the U.S. defense contract brings the same core technology into governm Show less Read more
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