Earnings ·
Reports $42.3M Q3 revenue, secures $1B non-dilutive funding and U.S. Space Force contract
ASTSAST SpaceMobile, Inc.
AST SpaceMobile reported third-quarter 2026 revenue of $42.3 million, driven by gateway deliveries and U.S. government milestones. The company secured approximately $1.0 billion in non-dilutive funding from the Japan Ministry of Internal Affairs and Communications for satellite manufacturing and launch. It also awarded a U.S. Space Force contract for advanced space-based sensing capabilities with approximately $100 million in revenue, marking its 16th government award to date. AST SpaceMobile announced plans for Blacklift, a proprietary 20-ton reusable rocket intended to begin deployments in late 2028. The company expects nationwide intermittent service activation by year-end 2026 and targets a production rate of six ASIC satellites per month by December 2026. It remains on track for full-year revenue guidance of $150 million to $200 million, holding approximately $3.2 billion in cash. AST SpaceMobile builds the first space-based cellular broadband network accessible directly by everyday smartphones.