AST SpaceMobile Shipped 3 More BlueBird Satellites to Cape Canaveral. Here's How Many It Needs in Orbit Before Revenue Shows Up.
The LEO satellite producer still isn't generating recurring commercial revenue yet.
AST SpaceMobile has shipped three more BlueBird satellites to Cape Canaveral, bringing the total number of these satellites launched to 13. These larger-than-average LEO satellites are designed to expand cellular networks to remote areas for telecom giants like AT&T and Verizon. While AST SpaceMobile has over 60 carriers on board, aiming to reach more than 3 billion wireless subscribers, the company has yet to generate any recurring commercial revenue. Instead, it relies on government contracts and prepayments from telecom partners.
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