AST SpaceMobile: Reaching Commercialization Phase
ASTSAST SpaceMobile(ASTS) Seeking Alpha·2024-03-21 23:15

BlackJack3D When I last wrote about AST SpaceMobile (NASDAQ:ASTS) in June 2022, it was planning to launch its Blue Walker 3 (BW3) test satellite later that year to be followed by field tests involving a mobile handset to communicate in a region of the Earth devoid of cellular connectivity. Since then, progress has been made toward commercialization, and, this thesis aims to show that it is a Buy. As such, Quant rates it as a sell, but this does not factor in the above-$300 million infusion of capital from s ...