Browsing: AST SpaceMobile

AST SpaceMobile’s shares plunged to a new low after the direct-to-smartphone developer said initial commercial satellites will not be ready for launch until at least July following its latest production delay.

AT&T is ready to allocate additional funds to support the launch of AST SpaceMobile’s satellite constellation plans for direct smartphone connectivity.

U.S. regulators have approved ground rules for allowing SpaceX and other satellite operators to use radio waves from terrestrial mobile partners to keep smartphone users connected outside cell tower coverage.