Stock Track | AST SpaceMobile Soars 9.20% Intraday After Winning Prime Contract on U.S. Missile Defense Agency SHIELD Program

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AST SpaceMobile, Inc. (ASTS) saw its stock price surge by 9.20% during intraday trading on Friday, reflecting strong investor optimism following a significant contract win.

The satellite-communications company announced it has been awarded a prime contract position on the U.S. Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) program. This contract enables AST SpaceMobile to bid directly on future task orders related to research, development, engineering, prototyping, and operations of critical missile defense systems.

The SHIELD program is part of the broader Golden Dome strategy, which aims to build resilient, layered protection against various threats. This award validates AST SpaceMobile's dual-use technology and growing capabilities in the defense sector, sparking investor confidence in the company's future growth prospects.

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