What Happened
BlueBird Satellites Hit Orbit Ahead Of Beta Service Launch
AST SpaceMobile shares traded lower on Wednesday after a sharp rally the previous day, following the successful launch of three BlueBird satellites into orbit via SpaceX’s Falcon 9 rocket. The launch expands the company’s growing satellite network and brings it closer to its goal of delivering cellular broadband straight to everyday smartphones from space. With beta services planned for later this year, AST SpaceMobile is making steady progress toward its objective, according to TradingView News.