AST SpaceMobile (ASTS) Soars on Bargain-Hunting

We recently published 10 Stocks on Fire Ahead of 2026. AST SpaceMobile, Inc. (NASDAQ:ASTS) is one of the best performers on Tuesday.

AST SpaceMobile rebounded by 4.49 percent on Tuesday to close at $74.68 apiece as investors resorted to bargain-hunting following a three-day losing streak.

Despite the company’s absence of fresh catalysts, the rally reflected strong investor confidence supported by the recent successful launch of its next-generation satellite into low Earth orbit.

Called the BlueBird 6, AST SpaceMobile, Inc. (NASDAQ:ASTS) said that the satellite took off at 10:25 PM EST on December 23 from the Satish Dhawan Space Centre in Sriharikota, India, and successfully deployed in low Earth orbit, making it the largest commercial communications array ever deployed in the said area.

As compared with the BlueBirds 1 to 5, the 6th generation spans nearly 2,400 sq. ft., three times larger than the previous ones, and is engineered to deliver commercial and government applications, including high-speed 4G and 5G space-based cellular broadband directly to standard, unmodified smartphones, alongside government applications.

“BlueBird 6 is a breakthrough moment for AST SpaceMobile,” said AST SpaceMobile, Inc. (NASDAQ:ASTS) Chairman and CEO Abel Avellan.

“This launch validates years of US innovation and American manufacturing, executed by our team, and marks the transition to scaled deployment. With BlueBird 6 now in orbit, we are firmly on the path to delivering true space-based cellular broadband directly to everyday smartphones, at a global scale,” he added.

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Disclosure: None. This article is originally published at Insider Monkey.