AST SpaceMobile targets 45 satellites by early 2027, sees government contracts driving first-year revenue

AST SpaceMobile said it still expects to place its first 45 satellites in orbit by early 2027 and is working toward consumer-ready beta service later in 2026, even as management said it is not relying on Blue Origin's New Glenn rocket in its deployment assumptions. The company reaffirmed a goal of approaching $1 billion in revenue in its first full year of commercial service, with government contracts potentially contributing about half, and said three new U.S. government awards carry more than $100 million in funded near-term value for 2026 and 2027. Second-quarter revenue rose to $31.52 million from $1.16 million a year earlier but missed consensus estimates cited near $34.98 million, while net loss widened to $230.9 million, or $0.77 a share, from $99.4 million, or $0.41 a share. AST SpaceMobile kept its 2026 revenue guidance at $150 million to $200 million, said its contracted backlog stands at about $1.3 billion, and pegged satellite cost at $21 million to $23 million each including launch and labor as it builds a direct-to-device network using large phased arrays in low Earth orbit.

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