AST SpaceMobile Set to Launch More Satellites

AST SpaceMobile is ramping up manufacturing capacity to support five scheduled orbital launches over the next six to nine months. The company's CEO, Abel Avellan, teased the potential revenue opportunity from a US government deal.

In a business update as part of its 1Q25 earnings, Avellan said, in total, it is anticipating orbital launches every one or two months on average during 2025 and 2026, while it added it is on track with satellite manufacturing of 40 Block 2 BlueBird satellites. The first Block 2 BlueBird satellites are expected to ship in 2Q25, with orbital launch scheduled during July 2025.

Last September, it launched its first five BlueBird satellites to provide broadband service to mobile phones. It has struck deals and received investment from big-name operators such as AT&T, Rakuten, Verizon, and Vodafone. Commercially, Avellan said it has expanded an opportunity with the US government to be in a position to start generating meaningful revenue in 2025, without providing further details. The company has struck a $43 million deal with the US Space Development Agency and another with a defence unit.

In total, its network commercialisation efforts will create a 2H25 revenue opportunity of $50 million to $75 million. Among its Q1 highlights, the company said it ended the quarter with a robust balance sheet of $875 million in cash, with total expenses hitting $63.7 million. Revenue was up year-on-year from $500,000 to $718,000. However, it made a huge net loss in the period of $45.7 million, compared to a net loss of $19.7 million in the same quarter last year.