AST SpaceMobile on Track: Revolutionizing Mobile Communication via Satellite

The space startup AST SpaceMobile, first introduced nearly four years ago during the SPAC IPO, has pursued a bold vision from the start: the transformation of global communication. For only $10 per share, AST offered shareholders the exciting prospect of investing in a company that can connect smartphones directly via satellite—a technology that AST claims has the potential to change the entire global mobile communications network. AST promised "groundbreaking" technology in the realm of global mobile connectivity and planned to tap into a potential user base of 5 billion mobile customers without physical infrastructure like fiber optic cables or cell towers. Instead, AST relied on a fleet of satellites intended to enable these innovative connections. However, the technology remains strictly confidential. Initially, there was skepticism about the implementation of this ambitious vision, but AST proved the doubters wrong by achieving the first intercontinental mobile phone call between Texas and Japan via satellite as early as 2023. With the successful launch of five BlueBird satellites in September 2024, AST is now ready to build its network in the USA. AST is supported by significant partnerships with giants like Verizon Communications, AT&T, and Vodafone. These agreements ensure the partner companies' customers access to a unique satellite-based mobile network. Currently, AST is still awaiting FCC approval to start initial beta services—possibly as soon as next year. However, one challenge remains: SpaceX, under the leadership of Elon Musk, is also aiming to enter the market for direct satellite-based communication. Announced in 2022, Musk is working on providing satellites for T-Mobile US to improve reachability in remote regions.