ASTS
NASDAQ
Telecommunication
$65.62
USD
-$3.98 (-5.72%)
Last close
Market Cap:
$26.43B
Volume:
22.3M
Previous Close
$69.60
Day Range
$63.72 - $68.76
52 Week Range
$36.08 - $133.86
Average Volume (10 Days)
27.9M
P/E Ratio
0.00
Dividend Yield
0.00%
AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. The company is headquartered in Midland, Texas and currently employs 1,126 full-time employees. The company went IPO on 2019-09-13. The firm is engaged in designing and developing the constellation of BlueBird (BB) satellites and has planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. Its SpaceMobile Service is being designed to provide high-speed cellular broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The firm intends to continue testing capabilities of the BW3 test satellite, including further testing with cellular service providers and the government. The firm has operations in India, Scotland, Spain, and Israel.
CEO
Mr. Abel Avellan
Headquaters
Midland, TEXAS, US
Founded
2019
Employees
1,126
Lock-up expirations threaten to expand the public float by 900% within 90 days while $20 billion in new debt raises execution stakes for a company burning $4.9 billion annually. The scarcity-driven rally is reversing into a supply-driven correction.
BAND
Bandwidth Inc
$52.32
-1.3%
ELWT
Elauwit Connection Inc
$6.14
+2.1%
IRDM
Iridium Communications Inc
$41.84
-4.3%