Fully Funded Key-Market Coverage Plan Lifts AST SpaceMobile

Fully funded key-market coverage plan lifts AST SpaceMobile

AST SpaceMobile shares rose more than 8% after the direct-to-smartphone operator said it has secured all the funding needed to deploy 45–60 satellites, enough to provide continuous coverage in the United States and other key markets. The post Fully funded key-market coverage plan lifts AST SpaceMobile appeared first on SpaceNews.

SpaceX rival AST SpaceMobile prepares to deploy nearly five dozen satellites

AST SpaceMobile, a satellite designer and manufacturer, said the company will deploy fully-funded satellites by 2026 in a rival to Elon Musk's SpaceX.