✅   AST SpaceMobile: Uncertainty Shouldn't Be Downplayed (NASDAQ:ASTS) - Seeking Alpha

Technology

AST SpaceMobile (NASDAQ:ASTS) is building a global cellular broadband network using infrastructure in space. The opportunity is enormous, and the economics could be compelling for AST, but this opportunity comes with significant risk. The market for space-based communication is still nascent, a problem that is compounded by rapid technological innovation. The size of the opportunity and AST’s market capitalization means that there could be significant upside though. While validation of the technology and recent commercial agreements are positives, AST’s stock appears to be riding a wave of speculation at the moment. AST still needs to successfully build and launch its constellation and demonstrate that its satellites can provide an adequate quality service to customers.

seekingalpha.com     Jul 03, 2024