AST SpaceMobile saw its share price rise by 3% over the last quarter, amid significant developments. The company dismissed a stockholders litigation, informing stakeholders about their intervention rights, which could assure investor confidence. Concurrently, AST SpaceMobile and Vodafone Group launched the SatCo joint venture to enhance satellite services in Europe, potentially indicating growth prospects. The award of a $43 million contract by the U.S. Space Development Agency also signals expanding business opportunities. These events unfolded while the broader market endured a decline due to new tariff implementations, which generally weighed on investors’ sentiment.

We've identified 5 risks for AST SpaceMobile (1 is concerning) that you should be aware of.

Uncover the next big thing with financially sound penny stocks that balance risk and reward.

AST SpaceMobile's total return surged dramatically over the last year. This extraordinary performance outpaced both the US Telecom industry and the broader US market. Several key developments have likely influenced this trajectory. Notable among these is AST SpaceMobile's strategic alliance with Vodafone, announced on March 3, 2025. This partnership established SatCo, a new venture targeting satellite services for European mobile operators, potentially boosting investor optimism.

Additionally, AST SpaceMobile's achievement in launching its first commercial BlueBird satellites in October 2024 marked a significant step in its business capabilities. Furthermore, the company's access to spectrum in the US, as secured in January 2025, and a $43 million contract with the U.S. Space Development Agency announced in February 2025, signal expanding operational opportunities. Despite facing financial challenges with losses reported in multiple quarterly earnings, these strategic moves have reinforced investor confidence in the company's long-term growth narrative.

Get an in-depth perspective on AST SpaceMobile's performance by reading our balance sheet health report here.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NasdaqGS:ASTS.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com