AST SpaceMobile Launches Satellite Internet Service to Smartphones in 2025

AST SpaceMobile is set to launch satellite internet directly to smartphones in 2025, partnering with major telecom providers to offer the service to their 3 billion customers. The company expects $50-75 million in revenue in the back half of the year, with plans to expand globally. Shares have soared from under $5 to $44.50, but are considered expensive after recent growth.

AST SpaceMobile (ASTS) is set to revolutionize mobile connectivity by launching satellite internet directly to smartphones in 2025. The company has partnered with major telecom providers, including AT&T, to offer this service to their 3 billion customers. The second-quarter financial results, released on August 11, 2025, highlight the company's progress and future revenue expectations [2].

In the second quarter of 2025, AST SpaceMobile reported sales of US$1.16 million and a net loss of US$99.39 million. Despite a modest increase in sales, the net loss widened, indicating ongoing challenges in achieving profitability. However, the company's near-term catalysts, such as rolling out new satellite services with global partners, remain intact [1].

The company expects to generate between US$50 million and US$75 million in revenue in the back half of 2025, primarily from commercial contracts and deals with the U.S. government. By the end of 2026, AST SpaceMobile plans to have 45 to 60 satellites in orbit, enabling service in other markets such as Japan, the United Kingdom, and Canada. Eventually, the service will be available globally [2].

Shares of AST SpaceMobile have soared from under US$5 to US$44.50, reflecting investor confidence in the company's technology and growth prospects. However, the stock is considered expensive after recent growth, trading at a market capitalization of US$16 billion. The company has raised US$575 million in a convertible debt offering to fund its constellation development, giving it over US$1.5 billion in balance sheet liquidity [2].

Investors should consider the company's ability to manage cash burn and meet near-term financial obligations, as well as the potential dilution from future capital raises. While the stock may be a buy for those confident in the global internet connectivity market, it is essential to assess the risk and potential dilution before making an investment decision [1].

References:
[1] https://simplywall.st/stocks/us/telecom/nasdaq-asts/ast-spacemobile/news/how-investors-are-reacting-to-ast-spacemobile-asts-widening
[2] https://www.fool.com/investing/2025/08/24/huge-news-for-ast-spacemobile-stock-investors/