AST SpaceMobile (ASTS) Jumps 15% on Christmas Eve Launch of BlueBird 6

We precocious published 10 Firms successful the Limelight. AST SpaceMobile Inc. (NASDAQ:ASTS) is 1 of the champion performers connected Friday.

AST SpaceMobile saw its stock prices leap by 15.03 percent connected Friday to adjacent astatine $75.84 apiece, tracking an wide marketplace rally and placing bets up of the motorboat of its next-generation satellite.

On the aforesaid day, the Indian Space Research Organisation (ISRO) announced that the motorboat of AST SpaceMobile Inc.’s (NASDAQ:ASTS) BlueBird 6 outer has been pushed backmost anew to Christmas Eve, December 24.

Originally acceptable for motorboat connected December 15, AST SpaceMobile Inc. (NASDAQ:ASTS) announced earlier this week that the takeoff has been pushed backmost to Sunday, December 21.

The ISRO did not divulge the crushed for the 2nd reschedule.

As compared with the BlueBirds 1 to 5, the 6^th generation features the largest commercialized phased array successful debased Earth orbit astatine astir 2,400 quadrate feet.

It is besides astir 4 times bigger than the erstwhile generations, and supports 10 times the information capacity.

The December 24 motorboat targets to alteration ubiquitous cellular broadband sum from abstraction straight to mobile phones.

According to AST SpaceMobile Inc. (NASDAQ:ASTS), it would ramp up the accumulation of its BlueBird 6 satellites, with planned manufacturing enlargement successful its Florida and Texas facilities.

While we admit the imaginable of ASTS arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.