This video analyzes AST SpaceMobile, a company building a 5G satellite network allowing smartphone connection to 5G from space. Rick Orford examines the company's strategy, financials, catalysts, risks, and ultimately offers a verdict on whether or not to invest.
The video states that AST SpaceMobile incurred a net loss of $45.71 million in their latest quarter, a 27% widening compared to the previous quarter. While revenue growth is mentioned as promising, a sharp decline from the previous quarter is also noted, offsetting year-over-year gains. Specific revenue figures aren't explicitly stated.
AST SpaceMobile's partnership with Vodafone involves extending its service across more than 20 countries through 2034.
AST SpaceMobile secured a deal for up to 45 megahertz of premium lower mid-band spectrum, described as the largest available block of high-quality nationwide spectrum in the continental US. This deal, lasting over 80 years, involves $550 million in financing commitments and $80 million in annual payments.
The main difference highlighted is that AST SpaceMobile's technology allows for direct connection of smartphones to its satellites, unlike Starlink, which requires a Starlink dish. Starlink's technology caters to a different user base.
