AST SpaceMobile Reports Q3 2026 Revenue of $42.3 Million and Provides Full-Year Guidance
AST SpaceMobile (ASTS) reported third-quarter revenue of $42.3 million, driven by commercial gateway deliveries and U.S. government service milestones. The company maintains a strong liquidity position with $3.2 billion in cash and cash equivalents, bolstered by a recent $1.15 billion convertible notes offering. Management issued full-year 2026 revenue guidance of $150 million to $200 million, noting potential upside based on fourth-quarter performance. The company is aggressively scaling its manufacturing capabilities, targeting a production rate of six ASIC satellites per month by December 2026. Strategic expansion includes securing $1 billion in non-dilutive subsidies from Japan and a $100 million contract from the U.S. Space Force. Looking ahead, AST SpaceMobile plans to deploy 45 BlueBird satellites by mid-2027 and is developing its proprietary 'Blacklift' reusable rocket program for late 2028 launches.
Tickers: $ASTS
Topics: cash position government contracts guidance revenue satellite manufacturing