ASTS - AST SpaceMobile: Broadband Internet Through Satellites Just As Elon Musk's Starlink In Ukraine
- In these difficult times for stocks due to high inflation and Eastern European uncertainty likely to persist, it becomes important to look up at space for disruptive stocks capable of providing high-speed internet through alternative technologies.
- This is what AST SpaceMobile is doing with its SkyWalker satellite, somewhat similar to what Elon Musk has done with Starlink in some parts of the world including Ukraine.
- However, SkyWalker's technology exhibits more advantages on which I shed light, and also considers the launching company's business model.
- I do not exclude further volatility as things can get delayed or worst, an aspect of the technology that does not function as expected.
- Based on the potential growth, gross margins, and low debt, I consider ASTS to be a long-term investment but there are opportunities for a surge following a successful launch into orbit.
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AST SpaceMobile: Broadband Internet Through Satellites Just As Elon Musk's Starlink In Ukraine