AST SpaceMobile (ASTS) saw a 31.5% increase last week as it prepares to launch its next-generation satellite, BlueBird 6, from India on December 15. The satellite will have the largest commercial phased array in low Earth orbit, supporting 10 times the data capacity of previous generations.

AST SpaceMobile Inc. (NASDAQ:ASTS) Chairman and CEO Abel Avellan highlighted the company’s commitment to US leadership in space innovation and global connectivity. The expansion of manufacturing sites in Texas and Florida aims to ramp up production of BlueBird 6 to close connectivity gaps and deliver cellular broadband.

The company plans five launches from December 15, 2021, to March 2026. While ASTS shows investment potential, some AI stocks may offer higher returns with limited downside risk. For more information on AI stocks, including a report on the best short-term AI stock, see Insider Monkey’s free report.

AST SpaceMobile Inc. (NASDAQ:ASTS) continues to make strides in space innovation, with plans to launch its next-generation satellite and expand manufacturing sites in the US. The company aims to deliver ubiquitous cellular broadband coverage worldwide and strengthen its position in the space technology sector.

Read more at Yahoo Finance: AST SpaceMobile (ASTS) Soars 31.5% on Looming Launch, Expansion of Next-Generation Satellite