The global satellite IoT communications market is growing at a good steady pace according to a research report from specialist IoT analyst firm Berg Insight. The global satellite IoT subscriber base grew to surpass 5.8 million in 2024. The number of satellite IoT subscribers will increase at a compound annual growth rate (CAGR) of 41.1 […]

The next battleground, according to expert speakers at the World Space Business Week in Paris, is the fight for Direct-to-Device connectivity from satellite. Starlink has more than 7 million customers, but has “little or no chance” to extend its service to voice services for at least two years, said Starlink president and COO Gwynne Shotwell. […]

The Novaspace World Space Business Week event in Paris heard an expert panel talk about their Direct-to-Device (D2D) satellite plans. Scott Wisniewski, President of AST SpaceMobile, told delegates that the stage his D2D business was now at was to move to revenue generation using its partnerships with the likes of Vodafone, Verizon and AT&T. AST […]

AST SpaceMobile has received a positive upgrade from Bank of America. The bank has given the would-be broadband-to-consumer satellite operator a share price target of $55 (€46.89). AST is currently trading at about $42. The bank says it has based its target on a Discounted Cash Flow (DCF) analysis and says a DCF valuation is […]

AST SpaceMobile needs to get its second-generation satellites into orbit speedily. The first of these craft, weighing some 6500 kgs, is much-delayed in its promised launch date. Now, AST insists that the satellite is ready to leave its Midland, Texas, fabrication facility and will be shipped this August. Then there’s the question of the rocket […]

Notwithstanding reports of a further delay to the launch date for AST SpaceMobile’s latest FM1 satellite, the company says it has completed development of the electronics board with its new AST5000 ASIC chip – the cornerstone of the company’s next-generation BlueBird satellites. “After five years of rigorous engineering and production, representing an equivalent of 150+ […]

AST SpaceMobile’s FM1 craft is reportedly not going to be launched as speedily as hoped. According to the Indian Space Research Organisation (ISRO), which is responsible for launching the important broadband satellite, it can happen before the end of [India’s] financial year, which is December 31st. There have been numerous reports that ISRO is not […]

The banking analysts have had time to chew over AST SpaceMobile’s half-year update. The advice given is – at best – mixed. Some analysts have increased their Price Targets while other have reduced or softened their Targets. Recent Analyst Price Target Changes for AST: · B Riley was $44, now $60 · Deutsche Bank was […]

AST SpaceMobile (AST), which is planning a global broadband-capable direct-to-device satellite service to ordinary smartphones, supplied some answers to analysts on its Q2 results statement late in the afternoon of August 11th. Top of the list concerned its much-delayed launch of its second-generation FM1 satellite. It will be delivered to the launch site in India […]

Texas-based AST SpaceMobile (AST) will hold its Q2 investors update later today (August 11th) at 5pm Eastern Time. Investors and analysts are keen to know more on AST’s launch and business plans. Some observers are suggesting that an Indian rocket launch of AST’s Bluebird FM1 heavyweight craft is delayed, perhaps beyond September. However, there are […]