Latest Breaking News On - புதியது ப்ராவிடெந்ஸ் கையகப்படுத்தல் - Page 1 : comparemela.com

AST SpaceMobile Climbs; Barclays Sees 'Very Significant Market'

AST SpaceMobile Opens UK Headquarters in Leicester, England

Why AST SpaceMobile Stock Dropped 10% More Today

AST SpaceMobile (NASDAQ:ASTS), which went public in a SPAC-sponsored reverse merger last week, have declined more or less steadily ever since that event took place. They re down again today 9.9% as of 1:30 p.m. EDT. So what To refresh your memory, New Providence Acquisition touted AST SpaceMobile stock as a play on a $1 trillion global mobile wireless services market in which five billion potential customers would like to be able to use their ordinary cellphones to place calls via satellite. AST promised to make that happen by launching a constellation of satellites to carry the calls, using technology that is highly proprietary so much so that the company declined to disclose exactly how it works.

AST SpaceMobile Goes Public - Via Satellite -

Space-based cellular broadband network provider AST SpaceMobile is the latest special purpose acquisition company (SPAC) to go public after it completed its combination with New Providence Acquisition Corp. AST SpaceMobile common stock and warrants will now trade on the Nasdaq exchange under the ticker symbols ASTS and ASTSW, respectively. Speaking on a webinar hosted by SpaceNews and Quilty Analytics, AST SpaceMobile CEO Abel Avellan said the company took the SPAC route to its IPO so that it could bring its services to market more quickly. “The SPAC gives us the capital we need to proceed in a more timely manner and hit our target dates,” said Avellan. “It also allows the public to get more directly involved in what we’re doing as investors, which I think is a good thing for everyone.

AST SpaceMobile Goes Public, Enters Maritime Partnership with OneWeb