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AST SpaceMobile Gains FCC Approval for Satellite Launch

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AST SpaceMobile Gains FCC Approval for Satellite Launch

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AST SpaceMobile ( (ASTS) ) has issued an announcement.

On September 4, 2025, AST SpaceMobile announced that its first Block 2 BlueBird satellite, BlueBird 6, is fully assembled and undergoing final tests before shipment. Additionally, the company received FCC approval to launch 20 satellites, marking a significant step in its mission to provide global broadband connectivity, potentially enhancing its market position and stakeholder value.

The most recent analyst rating on (ASTS) stock is a Buy with a $62.00 price target. To see the full list of analyst forecasts on AST SpaceMobile stock, see the ASTS Stock Forecast page.

Spark’s Take on ASTS Stock

According to Spark, TipRanks’ AI Analyst, ASTS is a Neutral.

AST SpaceMobile’s overall score reflects a company with promising strategic initiatives but facing significant financial and operational challenges. The financial performance is notably weak, characterized by negative profitability and cash flow issues. Technical indicators suggest some upward momentum, but valuation metrics and regulatory hurdles present concerns. Despite these challenges, positive developments in strategic partnerships and a solid cash position offer potential upside.

To see Spark’s full report on ASTS stock, click here.

More about AST SpaceMobile

AST SpaceMobile is developing the first global cellular broadband network in space, designed to work directly with standard mobile devices. The company’s mission is to bridge connectivity gaps for billions of mobile users and extend broadband access to unconnected populations, leveraging its extensive IP and patent portfolio for both commercial and government applications.

Average Trading Volume: 12,180,365

Technical Sentiment Signal: Buy

Current Market Cap: $15.01B

For detailed information about ASTS stock, go to TipRanks’ Stock Analysis page.

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