On June 12, AST SpaceMobile rose 5.5% in pre-market trading, trading at $102.64/share, with turnover of $3.4761 million. The rally was primarily driven by the imminent launch of the company's BlueBird 8, 9, and 10 satellites.

AST SpaceMobile announced that the three next-generation BlueBird satellites are scheduled to launch on June 17 from Cape Canaveral, Florida, aboard a SpaceX Falcon 9 rocket, with a launch window targeting 2:39 a.m. EDT. The mission aims to expand the company's direct-to-device broadband network, which delivers voice, data, and video directly to standard, unmodified smartphones. The new satellites feature communication arrays of approximately 2,400 square feet each — among the largest commercial arrays ever deployed in low Earth orbit — and are expected to deliver peak data rates nearly double those of the first-generation BlueBird satellites, which recently achieved download speeds of 98.9 Mbps.

The confirmed launch timeline has effectively alleviated market concerns over satellite deployment progress, fueling a rebound after the stock had previously declined from the $112 level to the $92 range amid sector-wide selling pressure and analyst downgrades.

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