AST SpaceMobile, Inc. (ASTS) stock soared 6.55% on Wednesday in the intraday trading session, propelled by a major breakthrough for the company's satellite technology.
Vodafone, one of the largest telecom operators in Europe, announced that it had successfully conducted the world's first satellite video call using a standard smartphone, facilitated by ASTS's BlueBird satellites. This demonstration validated ASTS's ability to provide high-speed satellite connectivity to regular mobile devices.
Following this success, Vodafone revealed plans to roll out ASTS's satellite-based service across Europe, starting later in 2025 and continuing into 2026. This development represents a significant commercial opportunity for ASTS, as it could potentially gain access to millions of Vodafone's customers across the continent.
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