#bstockscis @BinanceCIS
The idea behind AST SpaceMobile is easy to describe: broadband from satellites directly to ordinary smartphones without special hardware.
The difficult part is turning that idea into a reliable commercial network.
For $ASTSB, I would separate the story into three milestones: satellites launched and deployed, agreements converted into real service, and enough financing to keep expanding the network. A successful test is useful, but it is not the same as a complete global business.
Trading the exposure as a bStock does not shorten the engineering schedule or remove execution risk. The market can remain open around the clock; satellites still have to reach orbit one launch at a time.
The idea behind AST SpaceMobile is easy to describe: broadband from satellites directly to ordinary smartphones without special hardware.
The difficult part is turning that idea into a reliable commercial network.
For $ASTSB, I would separate the story into three milestones: satellites launched and deployed, agreements converted into real service, and enough financing to keep expanding the network. A successful test is useful, but it is not the same as a complete global business.
Trading the exposure as a bStock does not shorten the engineering schedule or remove execution risk. The market can remain open around the clock; satellites still have to reach orbit one launch at a time.
