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AST SpaceMobile Secures $550M Credit Agreement

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AST SpaceMobile Secures $550M Credit Agreement

Elevate Your Investing Strategy:

AST SpaceMobile ( (ASTS) ) has provided an update.

On July 15, 2025, AST SpaceMobile‘s subsidiary, Spectrum USA I, LLC, entered into a $550 million credit agreement with Sound Point Agency LLC to support payment obligations to Ligado Networks for access to spectrum in the US and Canada. This agreement, which includes various conditions and covenants, strengthens AST SpaceMobile’s strategic positioning in the satellite communications market by securing valuable mid-band spectrum for its operations.

The most recent analyst rating on (ASTS) stock is a Buy with a $47.90 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, Inc. operates in the satellite communications industry, focusing on direct-to-device satellite applications. The company aims to provide connectivity solutions by leveraging satellite technology to deliver broadband services directly to mobile devices.

Average Trading Volume: 13,301,069

Technical Sentiment Signal: Buy

Current Market Cap: $17.77B

Find detailed analytics on ASTS stock on TipRanks’ Stock Analysis page.

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