AST SpaceMobile Stock Soars 21.5% After BlueBird Satellites Confirmed Operational
ASTS•AST SpaceMobile stock jumped 21.47% to close at $86.77 after company confirmed its latest BlueBird satellites are fully operational in orbit. Investors are eyeing its August launch window for additional satellites and upcoming Q2 earnings release.
1. Satellite Confirmation and Stock Surge
AST SpaceMobile announced that its three most recent BlueBird satellites, launched on June 17, are fully operational in orbit. The confirmation drove a 21.47% rally in its share price, closing at $86.77 and marking the largest single-day gain this year.
2. August Launch Window and Production Plans
The company is preparing for its next deployment window in August, aiming to add multiple BlueBird units to its in-orbit constellation. Manufacturing on BlueBird 37 is already underway, with dozens more satellites in the production pipeline to expand coverage.
3. Q2 Earnings Outlook
Investors are focused on the timing and content of the Q2 earnings report, expecting updates on cash burn, subscriber tests and revenue guidance for its space-based broadband service. Clarity on capital requirements for ongoing launches will be critical for market sentiment.
4. International Expansion with Rakuten
AST SpaceMobile recently formed a joint venture with Rakuten to deliver direct-to-phone satellite service in Japan. This partnership marks the company’s first major commercial footprint, highlighting its strategy to secure global network agreements.
