AST Spacemobile (AST) increases 16% on the new generation Kickstart satellite launch campaign
We have recently published 10 stocks flying the spotlight today. Ast Spacemobile Inc. (Nasdaq: ASTS) is one of the best performers on Wednesday.
AST Spacemobile jumped 16% on Wednesday to end at $ 56.94 each while investors applauded the kick of their new generation satellite launch campaign.
In an article on social networks on Tuesday evening, AST Spacemobile Inc. (Nasdaq: ASTS) said that he was now in preparations for the official launch of the Bluebird 6 satellite, after the success of his assembly and final tests. It should ship to India on October 12 for the launch.
BlueBird 6 will be followed by the BlueBird 7 satellite, which AST Spacemobile Inc. (NASDAQ: ASTS) targets to ship to the launch site of the Canaveral Cape in Florida, also this month.
Meanwhile, blue birds 8 to 16 are at different production stages, with launches provided every 1 to 2 months on average for this year until 2026.
AST Spacemobile Inc. (NASDAQ: ASTS) aims to complete 40 progressive paintings at the beginning of 2026 to wear its BlueBird satellites in total.
Meanwhile, it aims to bring up to 60 satellites in orbit by the end of next year.
“We have teamed up with more than 50 mobile network operators serving nearly 3 billion subscribers, supported by a flexible spectrum strategy mixing our own license spectrum with the partner spectrum. Headlight speeds of 120 Mbps per cell, “said Ast Spacemobile Inc. (Nasdaq: ASTS).
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Disclosure: None. This article is initially published at Initiate monkey.
