CompetitionStarlink, AST's primary competitor, enhances positioning with spectrum deal, increasing risk for ASTS.
Financial Performance2Q revenue slightly below estimates, with $1.2mn vs. BofA and Street estimates of $1.5mn and $7.0mn, respectively.
Launch DelaysThe delay of the initial Block 2 BlueBird launch will in-turn provide the risk of delays for the manufacturing of more Block 2 BlueBird satellites and the subsequent launch of the full constellation.