Jun. 5 at 6:31 PM
$ASTS Don't believe the negative hype from shorts trying to buy shares cheap to cover their position. HERE ARE THE FACTS TO BUY AND HOLD!!!
"AST SpaceMobile is accelerating manufacturing, regulatory progress, commercial partnerships, and government programs, furthering its position as the only technology positioned to capture the massive direct to device broadband opportunity in full," commented Abel Avellan, AST SpaceMobile’s Chairman and Chief Executive Officer.
AST SpaceMobile remains focused on strategic growth with robust cash reserves and upcoming satellite launches starting mid-June. Management stated during the earnings call
$1.85B in contracted revenue and
$3.9 billion in total liquidity and has no plans to raise capital through the market (NO OFFERING) or convertible notes for the rest of 2026.
