AST SpaceMobile reaches $10bn market cap
Investment business Seraphim Space says that AST SpaceMobile has surged to a $10 billion (€9.05bn) market cap, making it the second highest–valued space company in the world, trailing only SpaceX. AST, a direct competitor to Starlink, launched its prototype BlueWalker 3 ‘cell tower’ satellite in 2022 and successfully tested its 5G direct–to–cell capability in 2023. […]
September 4, 2024