AST SpaceMobile Popping Pre-Market On Deal Bolstering Space-Based Broadband Plans

AST SpaceMobile (NASDAQ: ASTS) is up 13.31% in pre-market trading following the announcement of a definitive commercial agreement with Verizon Communications (NYSE: VZ | VZ Price Prediction) to provide space-based cellular broadband across the continental U.S. starting in 2026. The…

Published October 8, 2025, 8:56am ET · 2 min read

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A highly detailed CGI rendering shows planet Earth from space, with the curving horizon marking the transition from day to night. On the night side, city lights glow brightly across landmasses, resembling North and Central America. Several AST SpaceMobile satellites are visible in orbit; the largest one, positioned in the foreground, features a prominent 'AST SpaceMobile' logo and extensive solar panel arrays. Another satellite, further in the distance, is deploying or has deployed its panels. A brilliant sun-glow emanates from behind the Earth on the horizon. The backdrop is a dark expanse of space dotted with numerous stars.
Depicting AST SpaceMobile satellites in orbit above Earth's illuminated cities, this image represents the company's pioneering efforts in global space-based communication and its promising financial outlook. © Courtesy of AST SpaceMobile

AST SpaceMobile (NASDAQ: ASTS) is up 13.31% in pre-market trading following the announcement of a definitive commercial agreement with Verizon Communications (NYSE: VZ | VZ Price Prediction) to provide space-based cellular broadband across the continental U.S. starting in 2026. The deal, an extension of a May 2024 partnership, integrates Verizon’s premium 850 MHz low-band spectrum with AST’s low-Earth orbit (LEO) satellite network, enabling direct-to-device connectivity for standard smartphones. This positions AST to capture significant market share in the burgeoning satellite-to-cellular sector, driving investor optimism.

The Verizon deal enhances AST SpaceMobile’s ability to provide phone, video, and internet services in areas where traditional cell signals are unavailable, such as remote forests or mountains. “This changes how we connect people,” said Srini Kalapala, a senior Verizon executive. AST’s technology, proven in tests with clear voice and text messaging through its BlueBird satellites, uses L- and S-band frequencies, supplemented by partner spectrum like Verizon’s. The newer Block II BlueBird satellites are significantly larger and more powerful than their predecessors, requiring only 45–60 satellites to cover the entire U.S., compared to thousands needed by competitors like SpaceX’s Starlink.

What’s Next for AST SpaceMobile

AST SpaceMobile has surged 270% over the past six months, and today’s increase continues that momentum. In its most recent quarter, AST reported Q2 2025 revenue of $1.156 million, missing the $6.02 million consensus, with a $99.3 million net loss (-$0.41 EPS). Despite the shortfall, shares rose 7.4% after hours on August 14, 2025, driven by strong guidance of $50–75 million in H2 2025 revenue and a $1.5 billion cash reserve to fund 45–60 Block II BlueBird satellites by Q1 2026 for U.S. coverage.

Third-quarter results, expected on November 13, 2025, are projected to show -$0.27 EPS on $22.04 million in revenue. However, satellite deployment progress and regulatory and spectrum milestones will be critical for maintaining the stock’s upward momentum.

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Joel South

Joel South covers large-cap stocks, dividend investing, and major market trends, with a focus on earnings analysis, valuation, and turning complex data into actionable insights for investors.

He brings more than 15 years of experience as an investor and financial journalist, including 12 years at The Motley Fool, where he served as an investment analyst, Bureau Chief, and later led the Fool.com investing news desk. He has also co-hosted an investing podcast and appeared across TV and radio discussing market trends.

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