On May 26, AST SpaceMobile rose 6.08% in pre-market trading, trading at approximately $111.99/share, with trading volume of approximately $6.37 million. The stock extended its strong upward trajectory fueled by a landmark joint venture announcement among major US wireless carriers.

AT&T, Verizon, and T-Mobile — which together control over 95% of the US wireless market — announced plans to form a joint venture aimed at deploying satellite-powered Direct-to-Device (D2D) connectivity services. AST SpaceMobile stands as the core technology provider, being described as the only system globally capable of delivering hundreds of megabits per second of space-based broadband to unmodified smartphones. The JV is expected to reduce per-carrier integration costs by 60% to 80% compared to bilateral partnerships and establish unified open standards.

Additionally, CEO Abel Avellan recently reaffirmed the company's target of launching 45 satellites this year at a pace of one launch per month, emphasizing speed and capacity advantages over SpaceX in the mobile satellite communications space. The carrier alliance is widely interpreted as a collective strategic response to SpaceX's expanding presence in mobile communications.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)