AST SpaceMobile announces completion of BlueBird 6 satellite assembly

AST SpaceMobile, Inc. (NASDAQ:ASTS), a space technology company with a market capitalization of $15 billion, announced Thursday that its first Block 2 BlueBird satellite, BlueBird 6, is fully assembled and undergoing final tests in preparation for shipment. The company also stated that 20 of its satellites have received approval to launch from the Federal Communications Commission, subject to certain conditions. InvestingPro data shows the stock has demonstrated significant momentum, with a 98% gain year-to-date.

The announcement was made by AST SpaceMobile through a post on X, as detailed in a press release statement included in a filing with the Securities and Exchange Commission.

AST SpaceMobile, based in Midland, Texas, develops space-based cellular broadband networks. The company’s Class A common stock is listed on the Nasdaq Stock Market under the symbol ASTS.

According to the filing, the company is completing the final testing phase for BlueBird 6 ahead of shipment. The approval from the FCC covers 20 satellites, though the company noted that the authorization is subject to specific conditions.

No additional financial information or future projections were provided in the filing. All information is based on a statement from AST SpaceMobile’s press release included in its recent SEC filing.

In other recent news, AST SpaceMobile reported its second-quarter 2025 earnings, revealing a significant revenue shortfall. The company’s earnings per share (EPS) were -$0.41, which was considerably lower than the anticipated -$0.21, resulting in a 95.24% negative surprise. Revenue for the quarter was $1.15 million, falling short of the expected $5.56 million by 79.32%. In additional developments, William Blair initiated coverage on AST SpaceMobile with a Market Perform rating. This rating indicates a neutral stance, suggesting that the firm does not expect the stock to outperform or underperform the market significantly. These recent developments provide a snapshot of AST SpaceMobile’s current financial and market standing.

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