Business

AST SpaceMobile Provides Business Update and First Quarter 2026 Results

MIDLAND, Texas, May 11, 2026--AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update and results for the first quarter ended March 31, 2026.

articleAst Spacemobile, Inc.May 11, 202619/company/ast-spacemobile-inc/news/ast-spacemobile-provides-business-update-and-first-quarter-2026-results
AST SpaceMobile Provides Business Update and First Quarter 2026 Results

About this update from Ast Spacemobile, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":240,"url":"https://media.zenfs.com/en/business-wire.com/608e132e3cbf0be7521c144dac6213b6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TIbPm87LLVRxdrzyStjmuw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MA--/https://media.zenfs.com/en/business-wire.com/608e132e3cbf0be7521c144dac6213b6","width":480,"height":240},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/yyCIVJpVI9sUN1OZwAKPsQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMyMA--/https://media.zenfs.com/en/business-wire.com/608e132e3cbf0be7521c144dac6213b6","width":480,"height":240}},"lazy":false},{"type":"text","content":"Network deployment continues with next orbital launch in mid-June with BlueBird 8, BlueBird 9 and BlueBird 10 on a Falcon 9 launch vehicle","length":138,"tagName":"p","attribs":{}},{"type":"text","content":"Vertical integration reaching scale with BlueBird 11 through BlueBird 33 in advanced stages of production and assembly","length":118,"tagName":"p","attribs":{}},{"type":"text","content":"Achieved 98.9 Mbps peak data speeds using in-orbit Block 1 BlueBird satellite over international waters","length":103,"tagName":"p","attribs":{}},{"type":"text","content":"FCC authorizes commercial SpaceMobile Service in the United States with grant of Supplemental Coverage from Space for direct-to-device broadband connectivity","length":157,"tagName":"p","attribs":{}},{"type":"text","content":"MIDLAND, Texas, May 11, 2026--(BUSINESS WIRE)--AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update and results for the first quarter ended March 31, 2026.","length":389,"tagName":"p"},{"type":"text","content":""AST SpaceMobile is accelerating manufacturing, regulatory progress, commercial partnerships, and government programs, furthering our 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. "BlueBird 8, BlueBird 9, and BlueBird 10 will be launched into low...

More updates from Ast Spacemobile, Inc.

AST SpaceMobileBlueBirdAST SPACEMOBILEoperating expensesadministrative costsoperating expenses