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The Phone — Space-Based Cellular / Direct-to-Device · The Orbital Stack — Space

ASTS

AST SpaceMobile, Inc.
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Only public pure-play in the race for true 4G/5G broadband direct to unmodified smartphones from space

What they do

Deploying the BlueBird constellation — massive phased-array antennas. Q1 2026 revenue $14.7M versus a $37.5M sell-side consensus. FCC granted full commercial Supplemental Coverage from Space authorization during Q1 2026. Nearly 60 global MNO partners covering 3 billion subscribers. Network deployment target: 45 BlueBirds in orbit by end of 2026 (BlueBird 8/9/10 launching mid-June 2026 on Falcon 9). ~$3.5B in cash. FY26 revenue guidance reaffirmed at $150–200M. New record 98.9 Mbps peak data speed to an unmodified smartphone.