What Happened
Space Stock Set to Outperform with Expanding Satellite Network
AST SpaceMobile is poised for significant growth in 2027, with a target of launching 45-60 satellites by the end of 2026 and a beta service with AT&T and Verizon to test its technology at scale. The company has also partnered with Rakuten in Japan, adding a second growth market and up to $1 billion in government-backed funding. With its satellite network expanding and direct-to-device service increasingly a reality, AST SpaceMobile has several major catalysts ahead, which could drive significant revenue growth and position it as a top performer in the space industry, according to The Globe and Mail.