AST SpaceMobile Q1 Revenue $14.7M, Below Consensus $36.58M
Reports Q1 revenue $14.7M, consensus $36.58M. "AST SpaceMobile is accelerating manufacturing, regulatory progress, commercial partnerships, and government programs, furthering our position as the only technology positioned to capture the massive direct to device broadband opportunity in full," commented Abel Avellan, AST SpaceMobile's Chairman and Chief Executive Officer. "BlueBird 8, BlueBird 9, and BlueBird 10 will be launched into low Earth orbit in mid-June, and we are in advanced stages of production and assembly of BlueBird 11 through BlueBird 33."