AST SpaceMobile Shares Rise After New Contract Worth $43 Million

Dow Jones

Feb 27, 2025

By Chris Wack

AST SpaceMobile shares were 12% higher, at $29.37, after the company said it received a new contract award in support of the U.S. Space Development Agency through a prime contractor, with total expected revenue of $43 million.

The stock is now up 821% in the past 12 months.

The SDA is part of the U.S. Space Force, and works to deliver space-based capabilities to the joint warfighters to support terrestrial missions through development, fielding, and operation of the proliferated warfighter space architecture.

This contract follows successful testing on BlueWalker-3 in orbit under a previous contract announced in February 2024.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 26, 2025 11:15 ET (16:15 GMT)

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Company, Inc.\n</p>\n</font>\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":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514857573","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514857573","pubTimestamp":1740586500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"AST SpaceMobile shares were 12% higher, at $29.37, after the company said it received a new contract award in support of the U.S. Space Development Agency through a prime contractor, with total expected revenue of $43 million.The stock is now up 821% in the past 12 months.The SDA is part of the U.S. Space Force, and works to deliver space-based capabilities to the joint warfighters to support terrestrial missions through development, fielding, and operation of the proliferated warfighter space architecture.This contract follows successful testing on BlueWalker-3 in orbit under a previous contract announced in February 2024.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ASTS":"AST SpaceMobile, Inc.","BK4089":"非传统电信运营商"},"translate_title":"价值4300万美元的新合同后AST SpaceMobile股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ASTS":0.9},"content_text":"By Chris Wack \n\n\n \n\n\n  AST SpaceMobile shares were 12% higher, at $29.37, after the company said it received a new contract award in support of the U.S. Space Development Agency through a prime contractor, with total expected revenue of $43 million. \n\n\n  The stock is now up 821% in the past 12 months. \n\n\n  The SDA is part of the U.S. Space Force, and works to deliver space-based capabilities to the joint warfighters to support terrestrial missions through development, fielding, and operation of the proliferated warfighter space architecture. \n\n\n  This contract follows successful testing on BlueWalker-3 in orbit under a previous contract announced in February 2024. \n\n\n \n\n\n  Write to Chris Wack at chris.wack@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 11:15 ET (16:15 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}