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Stock impact report

AST SpaceMobile Provides Business Update and Third Quarter 2024 Results [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the third quarter ended September 30, 2024. "We achieved many significant milestones in the quarter and continue our momentum with several key pieces now in place," said Abel Avellan, Founder, Chairman and CEO of AST SpaceMobile. "With the first five BlueBird satellites successfully unfolded and entering initial operations, our business is progressing according to plan. We've advanced our strategy across multiple efforts including progress on securing orbital launch capacity, growing our manufacturing capability, and expanding our customer ecosystem." Business Update First five commercial BlueBird satellites achieved successful initial operations and filed Special Temporary Authority (STA) request with FCC to begin beta service with AT&T and Verizon All five satellites successfully unfolded as of Show less Read more
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