AST SpaceMobile is making progress and building a business, but at a cost.

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Good news follows bad at AST SpaceMobile stock.

Chief Commercial Officer Chris Ivory said the company is accelerating its path to commercial activity, starting with the testing service with the off-the-shelf cellular handset on AT&T and Verizon networks.

AST continues to wow the world with its tech, but when will it announce beta service?

ASTS shares up on premarket as FCC grants approval for AST SpaceMobile to conduct testing in US with unmodified smartphones using AT&T and Verizon's spectrum.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that the Federal Communications Commission (FCC) has granted the company Special Temporary Authority (STA) authorizing testing service in the United States. This approval enables AST SpaceMobile’s first five commercial BlueBird satellites, operating in low Earth orbit today, with unmodified smartphones in AT&T and Verizon premium low-band wireless spectrum supporting voice, full data, and video applications, and other native cellular broadband capabilities, without the need of any specialized software or device support or updates.

SpaceX and Starlink just took the lead in the DTC space race.

AST SpaceMobile, Inc. (NASDAQASTS) shares are trading lower Wednesday potentially following Apple Inc.'s NASDAQ: AAPLNASDAQAAPL)

AST SpaceMobile expects its service to offer all end users cost-effective, high-speed broadband services with global coverage.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the closing of $460.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) including the exercise in full of the option granted to the initial purchasers to purchase up to $60.0 million aggregate principal amount of notes.

President Trump's recent inauguration remarks about space exploration has heightened industry enthusiasm and highlighted potential growth opportunities.

SpaceX gets most of its profits from its satellite business. Can Rocket Lab do the same thing?

The company expects to raise net proceeds of $387.9 million from the offering and use a bulk of it for working capital and general corporate purposes, including strategic acquisitions.

AST SpaceMobile Inc (NASDAQASTS) shares are tumbling Thursday after the company announced the pricing of a proposed offering of convertible senior notes.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced the pricing of $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

U.S. stocks experienced an upward trend today, with the Dow Jones climbing over 130 points to 44,156.73.

AST SpaceMobile shares are falling in Wednesday's after-hours session after the space-based cellular broadband network company announced a proposed private offering.