AST SpaceMobile Inc. (ASTS) stock soared by 15.03% to $75.84 on Friday, fueled by anticipation for its next-gen satellite launch. The BlueBird 6 satellite launch, originally set for December 15, is now scheduled for Christmas Eve, December 24. The latest satellite boasts the largest commercial phased array in low Earth orbit.
The BlueBird 6 satellite, four times bigger than its predecessors, supports 10 times the data capacity. Scheduled for launch on December 24, it aims to provide widespread cellular broadband coverage directly to mobile phones. AST SpaceMobile plans to increase production of BlueBird 6 satellites in Florida and Texas facilities.
The launch delay to December 24 was not explained by the Indian Space Research Organisation (ISRO). The BlueBird 6 satellite launch was rescheduled from December 15 to December 21. AST SpaceMobile Inc. (ASTS) continues to generate investor interest ahead of the highly anticipated launch.
Read more at Yahoo Finance.: AST SpaceMobile (ASTS) Jumps 15% on Christmas Eve Launch of BlueBird 6
