AST SpaceMobile Raised $150 Million, But at What Cost? [Yahoo! Finance]
AST SpaceMobile, Inc. - Class A (ASTS)
Company Research
Source: Yahoo! Finance
That's great news for the company and investors, and enthusiasm for the stock is clear as its price is up more than 600% over the past year. There's just one problem -- AST SpaceMobile is only at the start of a very expensive growth phase. Here's how raising more capital could be costly for existing AST SpaceMobile shareholders. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » AST SpaceMobile's business goal is to create a space-based mobile broadband cellular network. This would allow consumers to make calls and connect to the internet anywhere on the planet. The biggest attraction of the service, however, is that it would work with existing cellphone handsets as an add-on service from a user's current telecom provider . It would offer simple and easy connectivity while climbing a mountain, traversing a desert, or sailing the ocean. That's an attractive product offering. To get to the point where AST SpaceMobile can p
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ASTS
News
- Do Redditors Think That AST SpaceMobile Inc. (ASTS) Has a Big Upside Potential? [Yahoo! Finance]Yahoo! Finance
- 5G Techritory 2024 Reaches Beyond Mobile Connectivity [Forbes]Forbes
- Should ASTS Be in Your Portfolio Post Lackluster Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
- AST SpaceMobile Announces Participation in Upcoming Conferences [Yahoo! Finance]Yahoo! Finance
- AST SpaceMobile Announces Participation in Upcoming ConferencesBusiness Wire
ASTS
Earnings
- 11/14/24 - Miss
ASTS
Sec Filings
- 11/20/24 - Form SC
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- ASTS's page on the SEC website