Key facts: AST SpaceMobile Q1 loss; FCC OKs 248 sats; June Falcon 9
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AST SpaceMobile reported a Q1 2026 revenue of $14.7M and a net loss of $191M ($0.66/share), with guidance of $150–$200M for the year. The FCC approved the company for U.S. direct-to-device broadband, allowing up to 248 satellites. The company plans a mid-June Falcon 9 launch and aims to deploy over 100 satellites. Despite a loss of a satellite, AST SpaceMobile remains funded for its constellation. Analyst estimates show a mixed outlook with a median 12-month target of $86.69.
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