Rakuten and AST SpaceMobile Form Joint Venture for $1 Billion Japan Satellite-to-Phone Network
Rakuten and AST SpaceMobile establish Rakuten AST to deliver satellite broadband directly to ordinary smartphones across Japan under the J-LEO project.
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Firefly to Supply Rocket Engines to AST SpaceMobile in $1.3 Billion+ Agreement
Firefly will deliver 36 rocket engines and license technology to AST SpaceMobile, while gaining capital to accelerate its own launch vehicle production.
Scotiabank Sees Bargain in AST SpaceMobile After 70% Drop, Upgrades Stock
Analysts upgrade AST SpaceMobile to Outperform after a sharp drop. Scotiabank cites SpaceX competition but sees value in AST’s wholesale 5G model.
AST SpaceMobile Partners with Europe’s Biggest Operators on Satellite-to-Phone Service
Deutsche Telekom, Orange, Telefónica and Vodafone signed a letter of intent with AST SpaceMobile to explore a joint bid for satellite spectrum in Europe.
SpaceX Spectrum Deal Triggers Piper Sandler Downgrade of AST SpaceMobile
SpaceX’s direct-to-cell ambitions prompt Piper Sandler to cut AST SpaceMobile’s rating and price target amid launch bottleneck fears.
Deutsche Bank Upgrades AST SpaceMobile to Buy After 65% Drop, Citing Overlooked Progress
Deutsche Bank upgrades AST SpaceMobile to Buy with a $93 target after a 65% drop, citing overlooked satellite, FCC, and partner progress.