NasdaqGS:ASTSTelecom
AST SpaceMobile Capital Raise And BlueBird 6 Shift Risk Reward Profile
AST SpaceMobile (NasdaqGS:ASTS) launched a $1b convertible note offering, alongside equity offerings and a debt repurchase plan.
The company announced successful deployment of its BlueBird 6 satellite, which carries a large commercial antenna aimed at connecting standard smartphones.
The financing and satellite milestone were reported together, signaling a major phase in AST SpaceMobile's space based cellular broadband rollout.
AST SpaceMobile is trying to build a space based cellular...