AST SpaceMobile, Inc. (ASTS) saw a 14.92% increase on Friday, closing at $83.47 per share after news of its BlueBird satellite arriving in Florida. The successful launch of BlueBird 6 in December sets the stage for ASTS to deliver broadband connectivity to smartphones from space.
The 6th generation BlueBird satellite, the largest commercial phased array in low Earth orbit, supports 10 times the data capacity of previous versions. With plans to ramp up production, AST SpaceMobile aims to provide ubiquitous cellular broadband coverage directly to mobile phones from space.
Investors are eyeing AST SpaceMobile (ASTS) as a promising investment, recognizing its potential alongside other AI stocks. While ASTS shows potential, other AI stocks may offer higher returns with limited downside risk. For more insights on AI stocks with growth potential, check out the free report on the best short-term AI stock.
Read more at Yahoo Finance: AST SpaceMobile (ASTS) Rockets 15% on BlueBird 7 Hype
