Business
AST SpaceMobile Reports Major Partnerships and Progress in Satellite Deployment
FORT WORTH, Texas — AST SpaceMobile, Inc. has announced significant progress in its efforts to create a global space-based cellular broadband network. As of November 28, shares of ASTS were trading at $56.20.
The company is developing a constellation of BlueBird satellites designed to provide mobile connectivity directly to unmodified 4G and 5G devices. This initiative aims to close a connectivity gap that currently affects nearly six billion mobile devices worldwide.
By the end of the third quarter of 2025, AST SpaceMobile reported substantial commercial growth, securing long-term agreements with major telecom operators including Verizon in the U.S. and the Saudi-based stc Group. These partnerships have been praised for providing critical access to necessary spectrum and facilitating future demand for the service.
AST SpaceMobile is gearing up for its first satellite launches, with BlueBird-6 set to depart for a launch site in India and BlueBird-7 scheduled for a late 2025 launch at Cape Canaveral. The company aims to have a total of 45 to 60 satellites in operation by the end of 2026.
Management characterized Q3 2025 as a pivotal period, pointing to significant milestones that have reduced business risks. A major highlight was the establishment of two 10-year commercial agreements with Verizon and stc, which includes a $175 million prepayment expected by year-end. These contracts add to previous agreements established with AT&T and Vodafone, bringing total contracted revenue over $1 billion.
Investors are encouraged by this momentum, as the combination of satellite deployment and increased financial visibility supports a strong investment case for AST SpaceMobile. The company is perceived as a transformative option for global connectivity as it moves closer to operational readiness.
In a previous report, analyst Steve Wagner noted AST SpaceMobile’s early success and significant potential for growth. Since then, the stock has appreciated by approximately 114.17%, in line with the evolving commercial landscape.
While some experts acknowledge the potential of ASTS as an investment opportunity, others argue that certain AI stocks might present greater upside with lower risks.
