{"id":1483893,"date":"2024-08-15T18:25:00","date_gmt":"2024-08-15T22:25:00","guid":{"rendered":"https:\/\/bugaluu.com\/news\/?p=1483893"},"modified":"2024-08-15T18:25:00","modified_gmt":"2024-08-15T22:25:00","slug":"leo-space-race-ast-spacemobile-shares-erupt-ahead-of-inaugural-satellite-launch","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/leo-space-race-ast-spacemobile-shares-erupt-ahead-of-inaugural-satellite-launch\/1483893\/","title":{"rendered":"LEO Space Race:\u00a0AST SpaceMobile Shares Erupt Ahead Of\u00a0Inaugural Satellite Launch"},"content":{"rendered":"

LEO Space Race:\u00a0AST SpaceMobile Shares Erupt Ahead Of\u00a0Inaugural Satellite Launch<\/span><\/p>\n

\n

A new space race is emerging in\u00a0telecommunications.<\/em><\/p>\n

Low-earth orbit satellite constellations are being constructed in hyperspeed fashion, led by SpaceX’s Starlink. Now, AST SpaceMobile is preparing to send the first five commercial satellites to LEO to build out its space-based cellular broadband network.<\/p>\n

AST SpaceMobile announced<\/a> Wednesday after-hours, “First 5 commercial satellites on target for dedicated orbital launch in the first half of September, each the largest-ever communications arrays to be deployed commercially in low Earth orbit.”\u00a0<\/p>\n

“We stand at a pivotal moment for AST SpaceMobile,”\u00a0AST SpaceMobile CEO\u00a0Abel Avellan wrote in a statement.\u00a0<\/p>\n

Avellan continued,\u00a0“The arrival of our first five commercial satellites at the launch site marks the culmination of years of relentless innovation and perseverance, in partnership with industry leaders like AT&T, Google, Verizon, Vodafone, and Rakuten, among others. The upcoming orbital launch is a significant step toward fulfilling our mission to eliminate dead zones and empower communities worldwide with space-based cellular broadband connectivity.”<\/p>\n

<\/a><\/p>\n

AST SpaceMobile said the first five commercial satellites will provide coverage across the US for more than 5,600 cells in the “premium low-band spectrum.”\u00a0<\/p>\n

Shares of AST SpaceMobile blasted off to record highs, soaring as much as 42% in the cash session.<\/p>\n

<\/a><\/p>\n

Hmmm.<\/p>\n

$ASTS<\/a>: Local news outlet @mwtnews<\/a> reporting “And now AST SpaceMobile is sending the five BlueBird satellites to Cape Canaveral, Florida, where they will be launched on a SpaceX Falcon 9 rocket during a seven-day window in September.”<\/p>\n

Hopefully we get a confirmation soon of\u2026<\/p>\n

\u2014 Anp\ud83c\udd70\ufe0fnman (@spacanpanman) August 7, 2024<\/a><\/p>\n

While\u00a0AST SpaceMobile is just beginning to build its LEO satellite constellation for a space-based cellular broadband network,\u00a0rival SpaceX has already launched 100 satellites to power its cellular Starlink system, according to PCMag<\/a>. Starlink has nearly 6,300 satellites in LEO, providing high-speed internet across the US and dozens of countries worldwide.\u00a0<\/p>\n

<\/a><\/p>\n

In May, Starlink wrote on X, “Starlink is connecting more than 3M people with high-speed internet across nearly 100 countries, territories, and many other markets.”\u00a0<\/p>\n

Meanwhile, T-Mobile is expected to go live with Starlink service later this year<\/a>.\u00a0<\/p>\n

\ud83d\udea8\ud83c\uddfa\ud83c\uddf8FIRST-EVER VIDEO CALL ON X USING STARLINK<\/p>\n

SpaceX:<\/p>\n

“First video call on X completed through Starlink
\nDirect to Cell satellites from unmodified mobile phones!<\/p>\n

We\u2019re excited to go live with T-Mobile later this year.”<\/p>\n

Source: X, Reuterspic.twitter.com\/cRg28irhF6<\/a><\/p>\n

\u2014 Mario Nawfal (@MarioNawfal) May 21, 2024<\/a><\/p>\n

The LEO telecommunications race is blasting off.\u00a0<\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nThu, 08\/15\/2024 – 14:25<\/span><\/p>\n

\u200bhttps:\/\/www.zerohedge.com\/technology\/leo-space-race-ast-spacemobile-shares-erupt-ahead-inaugural-satellite<\/a>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

LEO Space Race:\u00a0AST SpaceMobile Shares Erupt Ahead Of\u00a0Inaugural Satellite Launch A new space race is emerging in\u00a0telecommunications. Low-earth orbit satellite constellations are being constructed in…<\/p>\n","protected":false},"author":0,"featured_media":1483894,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1483893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1483893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1483893"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1483893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media\/1483894"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1483893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1483893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1483893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}