Is AST SpaceMobile a Millionaire-Maker Over The Next Decade?
This little satellite maker has significant upside potential.
Overview
AST SpaceMobile (NASDAQ: ASTS), a developer of low Earth orbit (LEO) satellites, went public through a merger with a special purpose acquisition company in April 2021. It's risen more than fivefold since its market debut, but could it deliver millionaire-making gains?
AST's LEO satellites, which are much larger than SpaceX's (NASDAQ: SPCX) Starlink satellites, help telecom companies expand their wireless networks to remote areas. It's launched 13 of its BlueBird satellites so far, and 12 of them are currently in orbit.
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Originally published at www.fool.com.
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