$AST SpaceMobile (ASTS.US)$ A measurable risk worth taking, ...
A measurable risk worth taking, go half-in, if earnings are not as estimated or Eps lower than -0.2 , can still average down, worst case wait for another quarter or a few, however based on recent instituition money flow and Rakuten’s write up, this shows significant level of confidence. If earnings beat estimation and a good guidance is given, beyond $40 is imminent. Risk-reward ratio appears favorable.
Comparing ASTS’s activities in Q2 and Q3 2024, it appears that Q3 might have had more substantial business developments based on the critical milestones achieved. Here’s a breakdown:
Q2 (April, May, June)
1. Strategic Partnerships:
• Entered commercial agreements with AT&T and Verizon, enhancing connectivity solutions in the U.S. market.
• Verizon committed $100 million to support AST SpaceMobile’s satellite technology integration.
2. Satellite Completion:
• Completed the first five BlueBird commercial satellites and readied them for shipment, setting the stage for the upcoming launch.
3. Regulatory Approvals:
• Secured FCC approval to launch the initial batch of satellites, clearing regulatory hurdles.
Q3 (July, August, September)
1. Satellite Launch:
• Successfully launched the first five BlueBird satellites on September 12, a significant operational milestone as these satellites form the backbone of AST SpaceMobile’s space-based cellular network.
2. Satellite Array Deployment:
• In September, AST SpaceMobile completed the unfolding of the communication arrays on these satellites, marking a step forward in functionality and deployment for broad cellular coverage.
3. New Contract:
• Secured a position as a prime contractor with the U.S. Space Development Agency (SDA) for satellite development under the HALO program, opening new business and revenue opportunities in the military sector.
Q2 (April, May, June)
1. Strategic Partnerships:
• Entered commercial agreements with AT&T and Verizon, enhancing connectivity solutions in the U.S. market.
• Verizon committed $100 million to support AST SpaceMobile’s satellite technology integration.
2. Satellite Completion:
• Completed the first five BlueBird commercial satellites and readied them for shipment, setting the stage for the upcoming launch.
3. Regulatory Approvals:
• Secured FCC approval to launch the initial batch of satellites, clearing regulatory hurdles.
Q3 (July, August, September)
1. Satellite Launch:
• Successfully launched the first five BlueBird satellites on September 12, a significant operational milestone as these satellites form the backbone of AST SpaceMobile’s space-based cellular network.
2. Satellite Array Deployment:
• In September, AST SpaceMobile completed the unfolding of the communication arrays on these satellites, marking a step forward in functionality and deployment for broad cellular coverage.
3. New Contract:
• Secured a position as a prime contractor with the U.S. Space Development Agency (SDA) for satellite development under the HALO program, opening new business and revenue opportunities in the military sector.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
In the midst of chaos, there is also opportunity - The Art of War
111Followers
39Following
362Visitors
Follow