AST SpaceMobile, Inc. (ASTS)

AST successfully completed a call from Hawaii to Spain via its satellite using a terrestrial phone, a major milestone in the development of its network. If successful, AST offers the opportunity to pr...

For investors combing the market for game-changing innovations, Tuesday's announcements from AST SpaceMobile (NASDAQ: ASTS ) certainly stood out. This company, pioneering in the realm of space-based c...

Wireless telecom companies have struggled due to issues including cutthroat competition. A Citigroup analyst upgraded both Verizon and AT&T on Tuesday, asserting that the outlook for the sector is imp...

Shares of space economy specialist AST SpaceMobile (NASDAQ: ASTS ) — which builds the first and only space-based cellular broadband network directly accessible by standard mobile phones — provided a b...

AST SpaceMobile reported wider-than-expected losses -- and no revenue -- for fiscal Q2 2023. AST is taking on debt and selling stock with which to build and launch new satellites.

There was no cause for alarm, but neither was there any reason to be optimistic. A projected year-over-year drop in cash and cash equivalents did not sit well with shareholders.

As Wall Street works its way through second-quarter earnings reports, investors are getting a closer look at first-half performance from the space sector.

AST SpaceMobile is on track to raise $59.4 million by selling 12.5 million new shares. The announced sale price was roughly 25% lower than where the stock had last closed.

AST SpaceMobile priced a secondary stock offering overnight with the goal of raising about $60 million. The offering price was at the low end of the proposed range, an indication that demand was weak.

AST SpaceMobile Inc (NASDAQ:ASTS) stock is plummeting today, after the wireless telecommunications concern revealed the pricing and sizing of its previously announced public stock offering, with Barcl...