AST SpaceMobile: Significant Acceleration in Revenue Expected in the Second Half of the Year
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On Monday evening (August 11), AST SpaceMobile (ASTS) presented its quarterly results, highlighting an intriguing space stock. The company is building the world's first satellite-based mobile communication infrastructure that allows normal smartphones to operate on the mobile network anywhere on Earth. The company works with a revenue-share model: revenues are generated through direct mobile services for network operators and industrial customers, as well as through public contracts and spectrum licenses. Major clients include AT&T, Verizon,...
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