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AST SpaceMobile Delivers 3 BlueBird Satellites and Forecasts Revenue Growth

The Motley Fool +1 ·

ASTS
ASTS AST SpaceMobile Inc
$50.97 -10.48%
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  1. 1AST SpaceMobile has just delivered its next three BlueBird satellites (Nos. 14, 15, and 16) to Cape Canaveral.
  2. 2AST SpaceMobile postponed its goal of reaching 45 satellites by mid-July.
  3. 3Analysts expect AST SpaceMobile to achieve $1.73 billion in revenue and see its adjusted EBITDA increase nearly 17-fold by 2028.

So what's the key point?

AST SpaceMobile delivered three new satellites. Experts expect the company to reach $1.73 billion in revenue by 2028.

Source The Motley Fool +1 · View original ↗

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