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ASTS -12.80%

AST SpaceMobile is building the future of space based cellular broadband. And they’ve just pulled off their biggest satellite launch yet.

What’s happening:

  • AST SpaceMobile (NASDAQ: ASTS) has successfully launched their first next generation Bluebird 6 satellite into low Earth orbit

Why it matters:

  • This is the largest commercial communications array every deployed into low Earth orbit with more than 2,400 square feet of phased-array antennas

Going deeper:

  • The Bluebird 6 is roughly three times larger than previous satellites deployed by AST SpaceMobile and can deliver high speed 4G and 5G space based cellular broadband directly to smartphones
  • AST SpaceMobile has publicly stated that their Bluebird 6 satellite was assembled and tested entirely in the United States at their manufacturing facilities located in Midland, Texas

The intrigue:

  • Many of the largest mobile network companies in the world have already struck deals with AST SpaceMobile including Verizon, Vodafone, Bell and AT&T