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AST SpaceMobile (ASTS)

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Earnings summaries and quarterly performance for AST SpaceMobile.

Recent press releases and 8-K filings for ASTS.

AST SpaceMobile Secures $30M Defense Contract
ASTS
New Projects/Investments
  • AST SpaceMobile was awarded a $30 million prime contract by the U.S. Space Development Agency (SDA) under the HALO Europa Track 2 program to demonstrate space-based broadband for military use, with tests scheduled for completion by December 2027.
  • This contract represents the first prime award for AST SpaceMobile's wholly owned defense subsidiary, AST SpaceMobile USA.
  • The company's stock has experienced a significant increase of approximately 202% over the past year, indicating strong market enthusiasm.
  • Despite the stock performance, the company's financial data shows steep revenue declines, a net margin of -1,639.58%, and ongoing losses, although it maintains strong liquidity with a current ratio of approximately 9.56.
4 days ago
AST SpaceMobile prices $1.0 billion convertible senior notes offering
ASTS
Debt Issuance
New Projects/Investments
Convertible Preferred Issuance
  • AST SpaceMobile priced a private offering of $1.0 billion aggregate principal amount of 2.250% convertible senior notes due 2036.
  • The notes have an initial conversion price of approximately $116.30 per share, representing a 20% premium to the last reported sale price of AST SpaceMobile’s Class A common stock on February 11, 2026.
  • The company estimates net proceeds of approximately $983.7 million (or $1,131.4 million if the option to purchase additional notes is exercised in full).
  • Proceeds will be used for general corporate purposes, including accelerating deployment, monetizing technology, enhancing government investments, reducing higher interest debt, and pursuing opportunistic investments.
  • The sale of the notes is expected to settle on February 17, 2026.
Feb 17, 2026, 9:18 PM
AST SpaceMobile Prices Repurchases of Convertible Senior Notes and Concurrent Stock Offerings
ASTS
Debt Issuance
Convertible Preferred Issuance
  • AST SpaceMobile is repurchasing approximately $300 million aggregate principal amount of its existing 4.25% and 2.375% convertible senior notes, which will remove approximately $51.4 million of remaining interest and approximately 5.2 million underlying shares.
  • The repurchases are being funded by concurrent registered direct offerings of approximately 6.3 million shares of Class A common stock to participating note holders at a price of $96.92 per share.
  • The closing of both the repurchases and the registered direct offerings is expected to occur on or about February 20, 2026.
  • In a separate transaction, AST SpaceMobile also priced a private offering of $1.0 billion aggregate principal amount of new 2.250% convertible senior notes due 2036, with settlement scheduled for February 17, 2026.
Feb 12, 2026, 11:30 AM
AST SpaceMobile Prices $1.0 Billion Convertible Senior Notes Offering
ASTS
Debt Issuance
New Projects/Investments
  • AST SpaceMobile announced the pricing of a private offering of $1.0 billion aggregate principal amount of 2.250% convertible senior notes due 2036.
  • The notes have an initial conversion price of approximately $116.30 per share, representing a 20% premium to the last reported sale price of its Class A common stock on February 11, 2026.
  • The company estimates net proceeds of approximately $983.7 million (or $1,131.4 million if the initial purchasers' option for additional notes is fully exercised).
  • These proceeds are intended for general corporate purposes, including accelerating deployment, monetizing technology, enhancing government investments, reducing higher interest debt, and pursuing opportunistic investments.
  • Concurrently, AST SpaceMobile is conducting registered direct offerings and privately negotiated transactions to repurchase approximately $46.5 million of its 4.25% Convertible Notes and $250.0 million of its 2.375% Convertible Notes.
Feb 12, 2026, 11:30 AM
AST SpaceMobile Announces New Convertible Notes Offering, Debt Repurchases, and Preliminary FY 2025 Financials
ASTS
Debt Issuance
New Projects/Investments
Guidance Update
  • AST SpaceMobile announced a proposed private offering of $1.0 billion aggregate principal amount of convertible senior notes due 2036.
  • The company intends to repurchase up to $300.0 million of existing convertible senior notes (4.25% and 2.375% due 2032) through concurrent registered direct offerings of Class A common stock.
  • For the fiscal year ended December 31, 2025, preliminary unaudited revenues were approximately $63 million to $71 million, with total consolidated indebtedness at approximately $2,264 million.
  • As of December 31, 2025, AST SpaceMobile reported approximately $2,780 million in cash, cash equivalents, restricted cash, and restricted cash equivalents.
  • The company is proceeding with the Ligado Transaction, which provides long-term access to spectrum and involves a total payment of $550.0 million, of which $420.0 million was paid on October 31, 2025.
Feb 11, 2026, 10:08 PM
AST SpaceMobile Announces Proposed Convertible Note Repurchases and Concurrent Stock Offerings
ASTS
Debt Issuance
  • AST SpaceMobile announced proposed cash repurchases of up to $300.0 million of its existing convertible senior notes.
  • This includes up to $50.0 million of its 4.25% convertible senior notes due 2032 and up to $250.0 million of its 2.375% convertible senior notes due 2032.
  • The repurchases are intended to be funded by concurrent Registered Direct Offerings of Class A common stock.
  • In a separate private offering, AST SpaceMobile also intends to offer $1.0 billion aggregate principal amount of new convertible senior notes due 2036.
Feb 11, 2026, 9:55 PM
AST SpaceMobile Announces Proposed Convertible Senior Notes Offering and Related Transactions
ASTS
Debt Issuance
New Projects/Investments
  • AST SpaceMobile announced its intent to offer $1.0 billion aggregate principal amount of convertible senior notes due 2036 in a private offering.
  • The net proceeds from this offering are intended for general corporate purposes, including accelerating the deployment of controlled spectrum bands, monetizing proprietary technology for artificial intelligence, enhancing investment in government space opportunities, reducing higher interest debt, and pursuing opportunistic investments.
  • Concurrently, AST SpaceMobile also announced its intention to offer shares of its Class A common stock in two separate, registered direct offerings.
  • The net proceeds from these direct offerings, combined with cash on hand, will be used to repurchase up to $300.0 million aggregate principal amount of its existing 4.25% and 2.375% convertible senior notes due 2032.
Feb 11, 2026, 9:55 PM
AST SpaceMobile Successfully Unfolds BlueBird 6 Satellite
ASTS
Product Launch
New Projects/Investments
  • AST SpaceMobile successfully completed the unfolding of its BlueBird 6 satellite, which features the largest commercial communications array antenna ever deployed in Low Earth Orbit, spanning approximately 2,400 square feet.
  • The BlueBird 6 is engineered to support cellular broadband peak data speeds of up to 120 Mbps and plans to deliver up to ten times the bandwidth capacity of the BlueBird 1-5 series, enabling full 4G and 5G cellular broadband services to standard, unmodified smartphones.
  • This milestone is a step in the company's commercial roadmap, supported by over 3,800 patent and patent pending claims, and the company is on track to launch 45–60 satellites by the end of 2026.
  • AST SpaceMobile operates with 95% vertical integration and has agreements with over 50 mobile network operators globally, covering nearly 3 billion subscribers.
Feb 11, 2026, 1:14 AM
AST SpaceMobile Announces Convertible Offering and Insider Selling
ASTS
Debt Issuance
Share Buyback
New Projects/Investments
  • AST SpaceMobile plans to offer up to $1 billion aggregate principal of convertible senior notes due 2036 and has separately proposed cash repurchases of up to $50 million of its 4.25% convertible senior notes.
  • Despite being added to the MSCI ACWI index and deploying its BlueBird-6 satellite, the company's stock recently fell sharply by about 17%, trimming roughly $5.5 billion off its market capitalization.
  • Insiders sold approximately $9.7 million of AST stock over the past year, with President & Chief Strategy Officer Scott Wisniewski making the largest individual sale of $1.8 million.
  • Short interest in AST SpaceMobile has risen to about 39.5 million shares, representing approximately 18.51% of the float.
Feb 10, 2026, 5:50 PM
AST SpaceMobile Announces BlueBird 7 Orbital Launch Timing
ASTS
Product Launch
New Projects/Investments
Guidance Update
  • AST SpaceMobile announced the BlueBird 7 orbital launch is scheduled for late February on the upcoming New Glenn-3 mission.
  • BlueBird 7 is the second satellite in the company's next-generation campaign, featuring the largest commercial communications array in low Earth orbit and enabling peak data rates of up to 120 Mbps.
  • The company plans a multi-launcher campaign with an average of one orbital launch every one to two months during 2026, aiming to launch 45–60 satellites by the end of the year.
  • This launch advances the mission to bring space-based cellular broadband connectivity to everyday smartphones, with commercial services expected to launch in 2026.
Jan 22, 2026, 12:00 PM