tiprankstipranks
Advertisement
Advertisement

AST SpaceMobile awarded $30M contract by U.S. SDA for HALO Europa program

AST SpaceMobile (ASTS) announced that it has entered into an agreement with the United States Space Development Agency for the Europa Track 2 Commercial Solutions program. The agreement, executed under the Hybrid Acquisition for proliferated Low-earth Orbit program, has a total contract value of approximately $30M. Under the contract, AST will utilize its BlueBird satellite constellation to demonstrate resilient, low-latency tactical satellite communications directly between government end devices.

Claim 55% Off TipRanks

Trade ASTS with leverage

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1