What Happened
Direct-To-Device Satellite Operator Pushes Back Launch Target
AST SpaceMobile has delayed its direct-to-device (D2D) satellite launch target to early 2027, citing the need to raise $1 billion in debt funding to support potential acquisitions and secure launch capacity. The company now expects to have approximately 45 satellites in orbit by early 2027, with beta services starting before the end of 2026. This development was reported by Light Reading, highlighting the challenges faced by satellite broadband operators in meeting launch demands.