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AST SpaceMobile Pushed Commercial Launch to 2027. Here's How Long Its Cash Lasts Until Then

The Motley Fool·
AST SpaceMobile Pushed Commercial Launch to 2027. Here's How Long Its Cash Lasts Until Then

AST SpaceMobile delayed its 45-satellite commercial launch to 2027 but raised $1.15 billion in convertible bonds to strengthen its liquidity position to $3.7 billion. At current burn rates of approximately $1.6 billion annually, the company has sufficient cash to reach its 2027 launch target, though it faces significant competition from SpaceX's established Starlink network.

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