🚀 $ASTS surged roughly 10% today as investors renewed their focus on its satellite connectivity opportunity. Berenberg initiated coverage with a Buy rating and $92 price target, highlighting AST SpaceMobile's potential to build a direct-to-smartphone satellite network. The big opportunity: 📡 Connect regular smartphones from space 🌎 Reach areas traditional networks can't 📱 Partnerships with major mobile operators 🛰️ BlueBird satellite deployment progressing 👥 Potential access to billions of mobile subscribers But there's still plenty of risk. ASTS is capital-intensive, and satellite launches, financing, manufacturing, regulations and competition could all impact the story. The technology is promising. Now the market wants to see if ASTS can turn it into a scalable, profitable business. Anyone can find $ASTS after a 10% move. The real opportunity is identifying the story before the move. 👀 don’t you think so …?
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3 Comments
Dani @dangus · 17d
Ziggy Thomas@zig942 · 17d
Good summary
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