Major banks support AST SpaceMobile
A slew of investment banks have come out decidedly in favour of would-be global direct-to-device satellite operator, AST SpaceMobile. For example, analysts at Deutsche Bank are forecasting free cashflow for AST reaching $1.44 billion (€1.24bn) by 2028. The bank has raised its price target to $81 (from $59) and reiterates its ‘Buy’ rating. Bank of […]




















