Professional
Added to YB: 2026-08-18
Pitch date: 2026-08-15
ASTS [neutral]
AST SpaceMobile, Inc.
+0.74%
current return
Author Info
No bio for this author
Company Info
AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States.
Market Cap
$21.3B
Pitch Price
$70.62
Price Target
N/A
Dividend
N/A
EV/EBITDA
-56.51
P/E
-32.91
EV/Sales
195.04
Sector
Diversified Telecommunication Services
Category
growth
Crossroads Capital Portfolio Holding: AST SpaceMobile, Inc.
ASTS (holding update): R&D-to-scaleup now unmistakable. BB7 lost in Blue Origin failure (~$125M write-off, insured); 42 sats now, targeting ~45 in orbit early 2027. FCC commercial auth for up to 248 sats. ~$3.7B liquidity funds buildout. 6 sats/mo cadence. 98.9Mbps record to unmodified phones. 60+ MNOs, 3B+ subs. AT&T/T-Mobile/Verizon D2D JV economics run through AST; only bidder for top national security D2D contracts. Mid-band constellation & SDA contracts add upside not in model.
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