AST SpaceMobile ASTS is developing a satellite network that could transform defense communications by allowing standard smartphones to connect directly to satellites without specialized equipment. This capability can help military personnel and emergency responders stay connected when ground-based communication networks are unavailable or disrupted.
AST SpaceMobile's BlueBird low Earth orbit (LEO) satellites provide reliable connectivity across remote areas, maritime regions and disaster zones where conventional cellular coverage is limited. By supporting voice, messaging and data services on compatible smartphones, the network can improve operational flexibility while reducing reliance on dedicated satellite phones.
The company is also expanding its presence in the defense sector through programs such as the U.S. Missile Defense Agency's SHIELD initiative and the Space Development Agency's HALO Europa program. These efforts highlight the growing interest in resilient, space-based communication systems that complement existing military networks and strengthen national security.
As governments invest in resilient space-based infrastructure, AST SpaceMobile is likely to support future military and emergency communications. The company’s direct-to-cell satellite network could become a vital supplementary communication layer for mission-critical operations where reliable connectivity is essential.
How Are Other Competitors Performing?
AST SpaceMobile faces competition from Globalstar, Inc. GSAT and Viasat, Inc. VSAT. Globalstar operates in a LEO satellite network that supports defense communications. Its satellites help military personnel stay connected in remote areas where regular communication networks are unavailable. The company works with government and defense agencies to provide reliable satellite connectivity.
Viasat provides satellite communications for military and government users. Its satellite network helps defense forces maintain secure and reliable communications during critical missions. The company also supports defense operations with satellite connectivity for aircraft, ships and ground forces.
ASTS’ Price Performance, Valuation and Estimates
AST SpaceMobile shares have gained 66.2% over the past year compared with the industry’s growth of 44.9%.
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From a valuation standpoint, AST SpaceMobile trades at a forward price-to-sales ratio of 61.27, well above the industry average of 5.11.
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Earnings estimates for 2026 have declined 48.5% to a loss of $1.47 per share over the past 60 days, while the same for 2027 has decreased to a loss of 38 cents per share.
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AST SpaceMobile currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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This article originally published on Zacks Investment Research (zacks.com).