ASTG News
RKLB Vs ASTS: Bestselling Investing Author Picks The ‘Lottery Ticket’ With Better Odds — But SpaceX Is The ‘Top Dog’
ASTS offers “damn compelling” direct-to-cell potential, but Feroldi warned that “50 things” could go wrong before commercialization.
RKLB Vs ASTS: Bestselling Investing Author Picks The ‘Lottery Ticket’ With Better Odds — But SpaceX Is The ‘Top Dog’
ASTS offers “damn compelling” direct-to-cell potential, but Feroldi warned that “50 things” could go wrong before commercialization.
Director Adriana Cisneros disclosed 10,822 open-market share purchases worth about $619,200.
BofA retained a ‘Buy’ rating on RKLB with 72% implied upside, but maintained ‘Underperform’ ratings on RDW and LUNR.
ASTS Stock Turns Green After 2-Month Slide: Japan Backs 700 MHz Rakuten-ASTS Network To Rival SpaceX
Japan’s Radio Regulatory Council endorsed the proposed 700 MHz direct-to-smartphone framework, with final regulations expected shortly.
Companies controlling launch and orbital infrastructure could capture “disproportionate value,” the research firm said.
Analyst Tim Farrar said Rocket Lab may be better shielded from SpaceX, while AST faces direct competition from Starlink.
ASTS said carriers “want the service now,” prompting AST SpaceMobile to push hard for a rapid rollout.
ARK Invest bought 292,873 Rocket Lab shares worth about $23.43 million across ARKK, ARKQ and ARKX as the stock weakened.