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Successful launch!🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
All satellites were captured within minutes and already orbiting Earth with all systems nominal.
Congratulations to the incredible AST SpaceMobile team! 250Y U.S.A. 🌎📶 🤠
$ASTS was up 5% pre market on the $AMZN $GSAT news and has since given it all back and then some being down over 10% since the pre market top
That is the market being irrational in real time and I want to explain why this news is actually one of the most bullish things that has happened for the entire D2D sector this year.
$AMZN is acquiring $GSAT Globalstar for roughly $9 billion. Let that sink in.
Globalstar does $272 million in revenue. Has a basic LEO network. Powers Apple Emergency SOS. Limited direct to device capability. The technology is miles behind $ASTS.
$AMZN is paying $9 billion for the inferior version of what $ASTS has already built.
This is not bearish for $ASTS. This is the most powerful sector validation imaginable.
The largest e-commerce and cloud company on earth just told you that direct to device satellite connectivity is worth acquiring at any price.
They looked at the competitive landscape and decided they needed a satellite network immediately regardless of cost.
They picked the worst horse in the race and still paid $9 billion for it.
$ASTS has 50+ carrier partners covering 3.2 billion existing subscribers. 120 Mbps speeds directly to unmodified smartphones. BlueBird 7 on the launchpad right now. $3.9 billion in cash. Fully funded constellation buildout.
$GSAT has Apple Emergency SOS and a fraction of the technology.
The market is selling $ASTS on news that just proved the entire thesis.
Every major tech company on earth is now in a race to own D2D connectivity and $ASTS is the only pure play publicly traded company that has actually built it at scale.
The pullback is a gift.
$RKLB won German approval to acquire laser comms firm Mynaric whose terminals support $1.3B of SDA satellite contracts.
The deal gives Rocket Lab its first European footprint and adds high-speed, secure optical communications to its vertically integrated space systems stack.