AST SpaceMobile Inc. (ASTS) surged 8.14% on Tuesday, closing at $56.89 per share after announcing five new rocket launches starting in the next two weeks. The company plans to launch BlueBird 6 satellite on December 15, featuring the largest commercial phased array in low Earth orbit.

AST SpaceMobile Inc. (ASTS) Chairman and CEO Abel Avellan expressed pride in US space innovation and global connectivity through the company’s next-generation satellites. ASTS also announced the expansion of its manufacturing sites in Texas and Florida to increase capacity and strengthen the supply chain.

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Read more at Yahoo Finance: AST Spacemobile (ASTS) Jumps 8% as Firm Bares Looming Rocket Launches