AST SpaceMobile's stock soared after signing a 2034 deal with Vodafone for space-based broadband.

AST SpaceMobile's stock surged after signing a long-term contract with Vodafone to provide space-based broadband services. The deal, lasting until 2034, allows Vodafone to offer satellite-based cellular broadband in its markets and through its Partner Markets program. Vodafone ordered its first Block 1 BlueBird gateway, enabling connectivity in underserved areas. AST SpaceMobile's stock has risen significantly this year, although the company is still in the early stages of commercialization.

3 months ago
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