AST SpaceMobile Q3 Revenue Rises to $42.3 Million as It Unveils Plan for Its Own Rocket
AST SpaceMobile said Monday its third-quarter revenue nearly tripled to $42.3 million and announced plans to build its own reusable rocket to launch its BlueBird satellites, according to its earnings release.
Revenue rose from $14.7 million a year earlier, driven by gateway deliveries and U.S. government milestones, the company said. The net loss attributable to common stockholders was $132.4 million, or 44 cents a share, compared with $122.9 million, or 45 cents.
Total operating expenses were $211.0 million, down from $329.1 million in the second quarter, which included a $125.9 million loss on involuntary conversion.
Service and launches
The company said it plans to activate nationwide intermittent service in the United States and other key markets before the end of 2026.
AST SpaceMobile announced Blacklift, a proprietary 20-ton reusable rocket intended to put BlueBird satellites into low Earth orbit starting in late 2028. It also said it secured a U.S. priority DPAS rating for its dual-use government and commercial satellite program, with launches from SpaceX, Blue Origin and others planned to bring the total to more than 100 BlueBird satellites deployed during 2027 and 2028.
Funding
The company said an agreement with Japan's Ministry of Internal Affairs and Communications and partner Rakuten includes $1.0 billion of non-dilutive funding for manufacturing and launching midband satellites.
On production, Chairman and Chief Executive Abel Avellan said the company expects to reach a rate of six ASIC satellites a month in December.
By the numbers
- Q3 revenue: $42.3 million, versus $14.7 million
- Net loss attributable to common stockholders: $132.4 million, or $0.44 a share
- Operating expenses: $211.0 million
- Japan funding: $1.0 billion, non-dilutive
- Planned BlueBird fleet: more than 100 deployed during 2027 and 2028
Sources
- Form 8-K with Exhibit 99.1 earnings release, AST SpaceMobile, Inc., filed Nov. 9, 2026, accession 0001193125-26-453758
This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.
Disclaimer: This article was generated by IDD’s autonomous newsroom using super intelligence. SI may make mistakes.