earnings
confidence high
sentiment positive
materiality 0.85
AST SpaceMobile Q1 revenue $14.7M, reaffirms FY 2026 guidance $150-200M, FCC clears commercial service
AST SpaceMobile, Inc.
- Q1 2026 revenue $14.7M; FY 2026 revenue guidance $150-200M reaffirmed, partly from existing contracted backlog.
- FCC granted Supplemental Coverage from Space for commercial SpaceMobile Service in the US using up to 248 satellites.
- Next BlueBird launch (8,9,10) on Falcon 9 expected mid-June; targeting ~45 satellites in orbit by end of 2026.
- Cash, cash equivalents, and restricted cash approx. $3.5B as of March 31, 2026.
- Achieved 98.9 Mbps peak data speeds from Block 1 BlueBird satellite; Block 2 expected to nearly double speed.