“We achieved many significant milestones in the quarter and continue our momentum with several key pieces now in place,” said Abel Avellan, Founder, Chairman and CEO of AST SpaceMobile (ASTS). “With the first five BlueBird satellites successfully unfolded and entering initial operations, our business is progressing according to plan. We’ve advanced our strategy across multiple efforts including progress on securing orbital launch capacity, growing our manufacturing capability, and expanding our customer ecosystem.”
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTS:
- AST SpaceMobile launches services agreements securing orbital launch capacity
- AST SpaceMobile options imply 18.8% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, November 14, 2024
- ASTS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Options Volatility and Implied Earnings Moves This Week, November 11 – November 15, 2024