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ASTS - AST SpaceMobile: Uncertainty Shouldn't Be Downplayed
AST SpaceMobile Inc.
2024-07-03 17:00:42 ET
Summary
AST SpaceMobile is building a global cellular broadband network using a constellation of extremely large satellites.
While the opportunity is large, AST is pushing technological limits and demand for this type of service is unclear.
AST's technology and recent commercial agreements are positive, but the stock appears to be riding a wave of speculation, making this a risky entry point.