Berenberg Names Its Space Winners: ASTS, RKLB and Planet Labs
Berenberg starts Buy coverage on ASTS, RKLB and Planet Labs. Cheaper launches pushed the space economy past $500B and toward $1T by 2030.
Berenberg starts Buy coverage on ASTS, RKLB and Planet Labs. Cheaper launches pushed the space economy past $500B and toward $1T by 2030.
AST SpaceMobile shares fell after Q2 results missed expectations, despite higher revenue, a $1.3B backlog and strong cash reserves.
B. Riley sees upside after a 44% drop and continues to back AST SpaceMobile’s satellite broadband growth plans.
These are the largest commercial communications arrays deployed in low Earth orbit, designed to deliver high-speed connectivity directly to standard smartphones.
After a recent launch provider setback, AST SpaceMobile switches to SpaceX Falcon 9 for the June 17, 2026 launch of BlueBird satellites 8, 9 & 10, accelerating its direct-to-smartphone cellular broadband network.
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.