Ast Spacemobile IncNearing commercial launch of satellite broadband service, projecting $1B revenue in 2027.
AST SpaceMobile is approaching the commercial launch of its satellite-based broadband cellular service, now expected in early 2027, and projects it could generate up to $1 billion in revenue that year. The company, which partners with cellphone providers like AT&T and Verizon rather than selling directly to consumers, reported about $15 million in revenue in the first quarter of 2026, mostly from U.S. government contracts. Its stock has fallen roughly 60% from its peak, but aggressive investors may view the dip as an opportunity ahead of the service rollout. The company still needs to build and launch additional satellites to expand coverage globally.
Ast Spacemobile IncNearing commercial launch of satellite broadband service, projecting $1B revenue in 2027.
Space Exploration Technologies Corp. Class A Common Stock
AT&T Inc.AT&T is a partner for AST SpaceMobile's service, which could drive demand for its network.
Verizon Communications IncVerizon is a partner for AST SpaceMobile's service, which could drive demand for its network.