AST SpaceMobile (ASTS) Delays Satellite Launch To 2027 As Cash Runway Comes Into Focus
AST SpaceMobile (NASDAQ: ASTS) is racing to build a commercial satellite network capable of competing with SpaceX and its dominant Starlink service. SpaceX (NASDAQ: SPCX) already operates a fully functioning satellite network, making AST SpaceMobile’s path to competition a genuinely difficult undertaking. A series of launch disruptions forced AST SpaceMobile to push its 45-satellite deployment…