On June 23, AST SpaceMobile rose 5.82% in regular trading, trading at $75.47/share, with turnover of $650 million. The rally was primarily driven by the company's announcement that BlueBird 11, 12, and 13 satellites are targeted for launch aboard a SpaceX Falcon 9 rocket from Cape Canaveral in early August.
The planned mission will deploy satellites equipped with approximately 2,400-square-foot commercial communications arrays into low Earth orbit to expand the company's direct-to-smartphone broadband network. This follows the successful launch and orbital insertion of BlueBird 8, 9, and 10 satellites just last week, which validated the company's stacked-launch capability and sustained deployment cadence. The accelerating launch tempo reinforces confidence in AST SpaceMobile's path toward commercial service readiness, supported by agreements with nearly 60 mobile operators representing over 3 billion subscribers globally.
Within the Alternative Carriers sector, SpaceX rose 2.36%, Globalstar gained 0.32%, Bandwidth Inc. rose 1.59%, while Iridium fell 0.87% and Lumen Technologies declined 0.19%.
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