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AST SpaceMobile (ASTS) moves its 45-satellite target to mid-2027

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Source: AIStockWire

Key points AST SpaceMobile moves its 45-satellite target again Which AST SpaceMobile BlueBirds have a launch plan What AST SpaceMobile's year-end service plan covers AST SpaceMobile (ASTS) now targets about 45 BlueBird satellites in orbit by the middle of 2027, according to its third-quarter release. In March, the goal was 45 to 60 satellites by the end of 2026. AST put out the release at 4:30 p.m. ET on November 9, after the market closed. Its shares had finished the day at $36.89, up 14.1% from Friday's close of $32.33, and were at $37.32 in after-hours trading at 7:26 p.m. ET. How has the target moved this year? It's moved in steps. On March 2, AST was aiming for 45 to 60 satellites in orbit by the end of 2026, with launches every one to two months on average. On May 11, chief executive Abel Avellan said "Our network deployment for 2026 is targeting approximately 45 satellites in orbit." That kept 2026 as the year but dropped the top of the range.

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