NASDAQ:ASTS - Nasdaq - US00217D1000 - Common Stock - Currency: USD
AST SpaceMobile is making progress and building a business, but at a cost.
Chief Commercial Officer Chris Ivory said the company is accelerating its path to commercial activity, starting with the testing service with the off-the-shelf cellular handset on AT&T and Verizon networks.
Starlink-rival AST SpaceMobile Inc. is working with Vodafone Group Plc to bring a commercial satellite-to-mobile broadband service to customers in Europe as soon as this year.
Mentions: VOD
President Trump's recent inauguration remarks about space exploration has heightened industry enthusiasm and highlighted potential growth opportunities.
AST SpaceMobile expects its service to offer all end users cost-effective, high-speed broadband services with global coverage.