Stock Track | AST SpaceMobile Soars 9.79% in Pre-Market on Definitive Vodafone Deal

Stock Track12-09

AST SpaceMobile, Inc. (ASTS) experienced a significant pre-market surge of 9.79% on Monday, as the company announced a definitive long-term commercial agreement with Vodafone Group Plc (VOD) through 2034.

The agreement establishes the framework for Vodafone to offer space-based cellular broadband connectivity in its home markets and partner markets using AST SpaceMobile's upcoming satellite network. Vodafone, a leading European and African telecommunications company, has been a key technology partner and investor in AST SpaceMobile since 2018, collaborating on the development of direct-to-device connectivity with everyday smartphones.

As part of the deal, Vodafone has placed an order for its first BlueBird gateway, a crucial milestone in the deployment of AST SpaceMobile's global network infrastructure. The next-generation Block 2 BlueBirds satellites, with their large communications arrays, are designed to deliver high-bandwidth capacity and peak data transmission speeds of up to 120 Mbps, supporting voice, data, and video applications.

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(ASTS) experienced a significant pre-market surge of 9.79% on Monday, as the company announced a definitive long-term commercial agreement with Vodafone Group Plc (VOD) through ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ASTS","symbol_name":"AST SpaceMobile, Inc.","start_time":0,"source_url":"","article_id":"1183326606","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1183326606","pubTimestamp":1733748986,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"AST SpaceMobile, Inc.  experienced a significant pre-market surge of 9.79% on Monday, as the company announced a definitive long-term commercial agreement with Vodafone Group Plc  through 2034.The agreement establishes the framework for Vodafone to offer space-based cellular broadband connectivity in its home markets and partner markets using AST SpaceMobile's upcoming satellite network. 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