Carlos Slim, the billionaire Mexican owner of América Móvil, is reportedly investing more cash in AST SpaceMobile. Slim is already an investor in AST and his daughter sits on AST’s board of directors. The total amount involved is said to be an overall $22 billion (€18.6bn) spread over a period of time although some of […]

A detailed report from analysts at Bank of America (BoA) says that the global Total Addressable Market (TAM) is currently worth around $200 billion (€169.5bn) annually for the planet’s telcos. The bank suggests that the satellite operators with global coverage with their low Earth orbiting (LEO) satellites are potentially targeting every dollar’s worth of these […]

The Delaware bankruptcy court will rule today [September 22nd] on the transfer of spectrum from Ligado Networks and related businesses to AST SpaceMobile. The ruling is not unexpected because the deal was agreed in June. The hearing, before Judge Thomas Horan, will sign-off the pre-agreed resolution which sees AST pay $550 million (of which $535 […]

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 […]