ASTS · Updated
AST SpaceMobile
AST SpaceMobile is building a network of large satellites designed to connect directly to ordinary mobile phones, working with mobile network operators. In its latest fiscal year (ended 31 December 2025) it reported revenue of $70.9 million and a net loss of $341.9 million, according to its 10-K filed on 2 March 2026. Bet The Decade has covered AST SpaceMobile in 1 episode, most recently “Why Your Phone Could Soon Talk Directly to Satellites” (2 November 2026).
Business description summarized from 10-K (Item 1, Business), filed 2026-03-02. Figures: SEC EDGAR, retrieved 5 November 2026.
Not investment advice. Educational content and opinion only. The author may hold shares in companies discussed. Disclosure
Key data
| Field | Value | Source |
|---|---|---|
| Legal name (SEC) | AST SpaceMobile, Inc. | SEC EDGAR, CIK 0001780312 |
| Ticker · exchange | ASTS · Nasdaq | SEC submissions data |
| Industry (SEC SIC) | Communications Services, NEC | SEC EDGAR company profile |
| Incorporated in | DE | SEC EDGAR company profile |
| Revenue, latest fiscal year | $70.9 million · 1 January 2025 to 31 December 2025 | 10-K filed 2026-03-02 · XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax = 70,918,000 USD |
| Net income (loss), latest fiscal year | -$341.9 million · 1 January 2025 to 31 December 2025 | 10-K filed 2026-03-02 · XBRL us-gaap:NetIncomeLoss = -341,940,000 USD |
| Revenue, latest reported quarter | $31.5 million · 1 April 2026 to 30 June 2026 | 10-Q filed 2026-08-10 · XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax = 31,520,000 USD |
| Cash and cash equivalents | $2.29 billion · as of 30 June 2026 | 10-Q filed 2026-08-10 · XBRL us-gaap:CashAndCashEquivalentsAtCarryingValue = 2,288,253,000 USD |
| Latest annual report | 10-K for period ending 31 December 2025 | Filed 2026-03-02 |
| Latest quarterly report (10-Q) | 10-Q for period ending 30 June 2026 | Filed 2026-08-10 |
SEC EDGAR
- All filingsSEC EDGAR · CIK 0001780312sec.gov
- Annual reports10-K filingssec.gov
- Quarterly / current10-Q filingssec.gov
- XBRL dataCompany facts (JSON)data.sec.gov
FAQ
Where can I read AST SpaceMobile's official filings?
AST SpaceMobile files with the US Securities and Exchange Commission under CIK 0001780312. Its annual and quarterly reports are on SEC EDGAR.
Sources: sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001780312
What is direct-to-cell / SCS?
It means satellites communicating with everyday phones, often using licensed mobile spectrum to supplement terrestrial coverage. The FCC has framed this as Supplemental Coverage from Space (SCS).
Sources: fcc.gov/document/fcc-authorizes-ast-provide-supplemental-coverage-space
What does AST SpaceMobile do?
AST designs and launches large BlueBird phased-array satellites and partners with mobile network operators to offer space-based cellular coverage to unmodified handsets.
Sources: ast-science.com/ · sec.gov/Archives/edgar/data/1780312/000119312526342540/asts-ex99_1.htm
How is Starlink Mobile different?
Starlink Mobile uses many smaller, lower satellites and already runs commercial messaging/data with carriers; SpaceX also pursues owned spectrum (e.g. Grain 800 MHz agreement, FCC pending). AST bets fewer, larger arrays plus telco wholesale.
Sources: spacex.com/updates/starlink-direct-to-cell · graingp.com/grain-management-announces-definitive-agreement-to-sell-nationwide-8
Episodes
Themes: Space
Page status: Complete. Last updated 5 November 2026.