Mentioned:
AST SpaceMobile is putting more satellites into orbit. And they’re using SpaceX’s rockets to do it.
What’s happening:
- AST SpaceMobile (NASDAQ: ASTS) has successfully deployed three more of their Block 2 BlueBird satellites into orbit through a SpaceX (NASDAQ: SPCX) Falcon 9 launch
Why it matters:
- AST SpaceMobile now has a total of seven Block 2 BlueBirds in orbit and four Block 2 BlueBirds that are currently operational
Going deeper:
- The Federal Communications Commission previously notably granted AST SpaceMobile full commercial authority from to run a nationwide direct-to-device mobile network from space in the United States
- AST SpaceMobile just recently made waves on Wall Street when they raised $1.15B USD in a convertible senior note financing round to secure additional access to orbit for their satellites as well as to pursue potential acquisitions to reduce their dependence on other launch providers
