Blue Origin (BORGN) Unveils 5,408 Satellite Constellation TeraWave Set for 2027 Deployment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Satellite Network Expansion: Blue Origin has announced the launch of a new satellite constellation named TeraWave, which will deploy 5,408 satellites to meet the increasing demand for space-based communication, significantly enhancing its competitive position in the space market.
- Intensified Market Competition: This expansion will put Blue Origin in direct competition with existing player Starlink, which already has 9,000 satellites in orbit and has doubled its customer base over the past year, likely putting pressure on Blue Origin's market share.
- Technological Innovation: TeraWave aims to provide data speeds of up to 6 terabits per second through a hybrid network of Low Earth Orbit and Medium Earth Orbit satellites, utilizing infrared laser technology for high bandwidth and security, further differentiating its service offerings.
- Target User Base: The network is primarily aimed at data centers, enterprise users, and governments, with a planned deployment in the fourth quarter of 2027, marking a strategic shift for Blue Origin from suborbital tourism to commercial communications.
Analyst Views on ASTS
Wall Street analysts forecast ASTS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASTS is 74.26 USD with a low forecast of 43.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
4 Buy
3 Hold
2 Sell
Hold
Current: 103.500
Low
43.00
Averages
74.26
High
100.00
Current: 103.500
Low
43.00
Averages
74.26
High
100.00
About ASTS
AST SpaceMobile, Inc. is engaged in building a global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on its intellectual property (IP) and patent portfolio and designed for both commercial and government applications. The Company is engaged in designing and developing the constellation of BlueBird (BB) satellites and has planned space-based Cellular Broadband network distributed through a constellation of low Earth orbit (LEO) satellites. Its SpaceMobile Service is being designed to provide high-speed cellular broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices. The Company intends to continue testing capabilities of the BW3 test satellite, including further testing with cellular service providers and the government. The Company has operations in India, Scotland, Spain, and Israel.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
