Mentioned:
AST SpaceMobile is building the future of how satellites will change cellular broadband. And now they’re ramping up their bet on American manufacturing.
What’s happening:
- AST SpaceMobile (NASDAQ: ASTS) has added two new manufacturing locations within the United States
Why it matters:
- AST SpaceMobile is one of the most advanced publicly traded companies in the world developing space based cellular broadband and has nearly completely vertically integrated all their production in America
Going deeper:
- The new site in Midland, Texas will be used for accelerating the production of AST SpaceMobile’s flagship BlueBird satellites and AST SpaceMobile’s new facility in Homeland, Florida will be focused on logistics and device engineering
- AST SpaceMobile now operates more than 500,000 square feet of advanced manufacturing facilities within the United States
