AST SpaceMobile Is At The Edge Of Viability
Summary
- AST SpaceMobile launched 5 BlueBird satellites, initiating beta testing with AT&T and Verizon, crucial for the company's future viability.
- At the current run rate, AST has enough cash on the balance sheet to fund operations for just under 4 quarters, providing room for testing their ASIC.
- AST is planning to launch the first cohort of the next 17 satellites in q1'25 to expand their broadband capacity to other MNO partner locations.
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