AST SpaceMobile Reaches $70.9M Revenue, Secures $3.9B Liquidity for 105 Satellites
AST SpaceMobile reported $70.9 million revenue in 2025 after delivering 15 commercial gateways across five continents and achieving US government contract milestones. It ended the year with $3.9 billion liquidity and aims to deploy 45 satellites in orbit plus 60 ready to ship by end-2026.
1. 2025 Financial Results
AST SpaceMobile transitioned to commercial-stage status in 2025, generating $70.9 million in revenue from the delivery of 15 BlueBird commercial gateways to mobile network operators across five continents and fulfilling milestones under US government contracts.
2. Strong Balance Sheet
The company closed 2025 with $3.9 billion in liquidity, positioning it to finance the development and launch of a constellation exceeding 100 satellites without issuing additional convertible debt.
3. 2026 Deployment and Revenue Guidance
AST SpaceMobile targets 45 satellites in orbit and 60 more ready for shipment by year-end 2026, underpinned by guidance to more than double revenue to a $150 million–$200 million range.
4. Manufacturing Scale and Launch Strategy
Manufacturing capacity has been scaled to six satellites per month across Texas and Florida facilities; the upcoming March 2026 launch of BlueBird 7 on a New Glenn rocket will debut stackable configurations enabling batch launches of up to eight satellites.