AST SpaceMobile Eyes Broader Satellite Rollout After Commercial Wins
3 Articles
3 Articles
AST SpaceMobile Eyes Broader Satellite Rollout After Commercial Wins
AST SpaceMobile added to its commercial momentum by signing new multi-year agreements with Verizon and Saudi Arabia’s stc Group, even as third-quarter results showed a net loss and revenues fell short of analyst forecasts. The company, which operates from Midland, Texas, aims to accelerate its satellite deployment in the coming months while laying groundwork for nationwide and global service coverage.“During the past few months, commercial activ…
Rocket Lab, AST SpaceMobile Post Q3 Results
It’s everyone’s favorite time of the year. We don’t mean the holidays—we mean earnings season. On Monday, Rocket Lab ($RKLB) and AST SpaceMobile ($ASTS) released their financial results for the third quarter of 2025. Rocket Lab outperforms: New Zealand’s favorite launch company outperformed analyst expectations in Q3 and raised its projections for the rest of the year. With new opportunities in defense and space systems, life is good for the lau…
AST SpaceMobile Has Lift Off
AST SpaceMobile (NASDAQ: ASTS), the Midland, TX-based satellite company, reported significant operational and financial progress for the third quarter ended September 30, 2025. By the end of the quarter, the company finalized several commercial agreements. The stc Group deal covers Saudi Arabia and major Middle East and North Africa markets for 10 years, with a $175 million prepayment. Verizon (NYSE: VZ) expanded its partnership, aiming for full…
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