AST SpaceMobile Surges to 97th in Trading Volume with $897 Million Turnover

On June 13, 2025, AST SpaceMobile (ASTS) saw a significant surge in trading volume, with a turnover of $897 million, marking a 144.15% increase from the previous day. This surge placed ASTS at the 97th position in terms of trading volume for the day. The stock price of ASTS also rose by 3.93%, extending its winning streak to 10 consecutive days, with a cumulative increase of 66.32% over the past 10 days.

AST SpaceMobile has secured rights to 45 MHz of mid-band satellite spectrum, which will enable faster mobile data transmission from space and bolster its plans for nationwide broadband coverage. This spectrum acquisition is part of a broader strategy to enhance the company's satellite network capabilities, positioning it to deliver peak data transmission speeds of up to 120 Mbps.

The company has also announced a settlement term sheet that paves the way for pairing its largest-ever commercial communication arrays deployed in low Earth orbit with additional spectrum capabilities. This agreement includes access to up to 45 MHz of lower mid-band satellite spectrum, further strengthening AST SpaceMobile's technological and operational capabilities.

AST SpaceMobile's efforts to secure long-term spectrum usage rights are part of a broader restructuring plan involving Ligado Networks and Inmarsat. The agreement, if approved, will grant AST SpaceMobile spectrum usage rights for over 80 years, significantly enhancing its satellite network capabilities. The company has received a $550 million institutional financing commitment to support this consideration, highlighting the attractiveness and value of the spectrum beyond its synergistic benefits.

AST SpaceMobile's obligation to begin making spectrum access usage payments to Ligado will commence on September 30, 2025, as per the term sheet. The company is currently operating its first five commercial BlueBird satellites in low Earth orbit, each featuring the largest-ever commercial communications arrays deployed in space. These satellites are designed to offer non-continuous cellular broadband service across the United States and in select global markets, targeting approximately 100% nationwide coverage from space with over 5,600 coverage cells in the United States.