AST SpaceMobile could offer a reliable commercial service for a satellite-based mobile connection by 2027. Clear Street sees over 40% upside potential.
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AST SpaceMobile (ASTS) is one of the strong "space" stocks that has seen a significant rally following a breakout from consolidation. The company is developing a satellite-based mobile network that directly connects conventional smartphones to the internet without additional devices. The goal is to provide global access in previously underserved regions. On June 13, AST secured long-term frequency rights (up to 45 MHz) for the USA and Canada, strengthening the technical foundation. The planned BlueBird satellites are expected to offer speeds of...
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