AST SpaceMobile Entering Exponential Growth Phase, Buy

Summary

  • I am bullish on AST SpaceMobile due to major contracts with Vi in India and the US Space Development Agency, unlocking massive growth opportunities.
  • The global space economy is booming, with satellite broadband demand surging, and ASTS is strategically positioned to capitalize on this trend.
  • Despite current losses, I project rapid revenue growth, breakeven by 2027, and a 575% upside potential by 2029 based on conservative valuation.
  • Key risks include funding needs, regulatory hurdles, and competition, but recent agreements and expansion plans make ASTS undervalued and a strong buy.

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Thesis

I am bullish on AST SpaceMobile, Inc. (NASDAQ:ASTS) based on the recently secured contracts with both government and commercial agencies. For example, an agreement with India’s Vi (Vodafone

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First Principles Partners is an equity research analyst specializing in technology, innovation, and sustainability investment. My unique approach, "First Principles," involves breaking down complex problems to their most basic elements in terms of financial and technology, enabling me to uncover overlooked investment opportunities.With a strong background in investment, private equity and venture capital, I have a proven track record of delivering strong returns for readers. Articles on Seeking Alpha focus on emerging technologies, sustainable investing, and the intersection of innovation and finance. I am passionate about sharing insights with a wider audience and learning from fellow investors. Together, we can drive positive change and contribute to a more sustainable and innovative world.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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