Anthony Sinclair

Anthony produces news stories, features and guides for Congress.net, with a focus on history and the US political system.

AST SpaceMobile (ASTS) Drops 21.6% In June As SpaceX Competition And Launch Delays Rattle Investors

AST SpaceMobile (ASTS) shares tumbled 21.6% in June, according to data from S&P Global Market Intelligence, marking a sharp reversal for the once high-flying satellite internet company. The decline stems from two major developments that have shaken investor confidence in the company’s ability to maintain its early lead in direct-to-device satellite internet. AST SpaceMobile delayed…

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Northrop Grumman (NOC) Pushes Deeper Into Missile Market With Next-Generation Weapons Portfolio

Northrop Grumman (NOC) is aggressively strengthening its foothold in the global missile market through advanced precision-strike technologies and missile defense solutions. The company serves both the U.S. military and allied nations with a broad portfolio designed to counter increasingly sophisticated battlefield threats. NOC’s missile capabilities span tactical missiles, missile defense technologies, next-generation munitions, advanced sensors,…

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AST SpaceMobile (ASTS) Surges 21% As Japan’s $912 Million Rakuten Subsidy Reignites D2D Expansion Story

AST SpaceMobile (NASDAQ: ASTS) delivered its best single-day performance in two years, surging 21% on June 29 to close out the second quarter with momentum. The Midland, Texas-based space-based direct-to-device cellular broadband provider had endured a bruising month despite positive operational developments on the satellite launch front. Space stocks broadly took a hit following the…

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