Ast SpaceMobile announced that its first Block 2 BlueBird satellite, BlueBird 6, is fully assembled and final tests are being completed. The company also reported that 20 of its satellites have been approved for launch by the Federal Communications Commission.
AST SpaceMobile, Inc. (NASDAQ: ASTS), a prominent space technology company, has made significant strides in its satellite program. The company announced on September 2, 2025, that its first Block 2 BlueBird satellite, BlueBird 6, has been fully assembled and is undergoing final tests in preparation for shipment. Additionally, the Federal Communications Commission (FCC) has approved 20 of AST SpaceMobile's satellites for launch, subject to certain conditions.
The announcement was made through a press release statement included in the company's recent filing with the Securities and Exchange Commission (SEC). AST SpaceMobile, based in Midland, Texas, specializes in developing space-based cellular broadband networks. The company's Class A common stock is listed on the Nasdaq Stock Market under the symbol ASTS.
The completion of BlueBird 6's assembly and the subsequent approval from the FCC represent important milestones for AST SpaceMobile. The company is currently in the final testing phase for BlueBird 6 ahead of its shipment. The FCC approval covers 20 satellites, although the authorization is subject to specific conditions.
Despite these advancements, the company's recent financial performance has been mixed. In its second-quarter 2025 earnings report, AST SpaceMobile revealed a significant revenue shortfall. The company's earnings per share (EPS) were -$0.41, which was considerably lower than the anticipated -$0.21, resulting in a 95.24% negative surprise. Revenue for the quarter was $1.15 million, falling short of the expected $5.56 million by 79.32%. Additionally, William Blair initiated coverage on AST SpaceMobile with a Market Perform rating, indicating a neutral stance on the stock's performance.
These recent developments provide a snapshot of AST SpaceMobile's current financial and market standing. While the company continues to make progress in its satellite program, investors should remain vigilant about the company's financial performance and the regulatory conditions surrounding its satellite launches.
References:
[1] https://www.investing.com/news/sec-filings/ast-spacemobile-announces-completion-of-bluebird-6-satellite-assembly-93CH-4226844
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