AST SpaceMobile shares surge 10.43% intraday after securing $43M defense contracts and BlueBird 7 satellite launch.

AST SpaceMobile surged 10.43% intraday following the announcement of new U.S. defense contracts, including awards tied to the Missile Defense Agency’s SHIELD program and a $43 million contract from the Space Development Agency. The company also confirmed the imminent launch of its BlueBird 7 satellite, advancing its direct-to-smartphone connectivity initiative. These developments reinforced investor confidence in AST SpaceMobile’s strategic position at the intersection of telecom and space, despite prior volatility linked to SpaceX IPO speculation. The defense awards and satellite progress signaled tangible execution milestones, countering recent sell-offs and attracting renewed interest in the stock’s high-growth narrative.