AST SpaceMobile: Pioneer in Building a Satellite-Based Mobile Broadband Network

AST SpaceMobile aims to make mobile coverage global, even in remote areas where smartphones typically lack signal. The company is on solid financial ground, as it has a healthy cash balance. The growth story appears intact, as the company has reported numerous new developments. AST SpaceMobile (NASDAQ: ASTS) is developing a space-based mobile network that enables regular smartphones to connect directly with satellites, providing broadband coverage where traditional cell towers cannot reach. The idea behind this is that it will be in...