AST SpaceMobile Inc Achieves Strong Commercial Traction with Over $1B in Contracted Revenue Commitments

AST SpaceMobile Inc (ASTS) reported Q3 2025 earnings, highlighting strong commercial traction with over $1 billion in contracted revenue commitments from telecom operators like Verizon and Saudi Telecom Group. The company plans to complete 40 satellites by early 2026 and has secured valuable spectrum assets. ASTS has a robust financial position with over $3.2 billion in cash and liquidity. Risks include satellite launch and deployment success, capital expenditures, and competition in the space-based broadband market.