Single Stock Blueprint Available Now

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

AST SpaceMobile Stock Is Rising After Hours: What's Going On?

Adam Eckert
October 23, 2024

AST SpaceMobile Inc (NASDAQ:ASTS) shares are trading higher in after hours Wednesday following the company announcement that it secured an initial contract with the Space Development Agency as a prime government contractor.

What To Know: AST SpaceMobile said it was selected by the Space Development Agency to compete for upcoming prototype demonstration projects under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program.

The company entered into an Other Transaction (OT) agreement and will now have the opportunity to compete directly as a prime contractor to the U.S. government for specific prototype orders.

“This initial contract validates our commitment to developing innovative solutions for national security space needs,” said Chris Ivory, AST SpaceMobile’s chief commercial officer and head of its Government Business unit.

“Our space-based cellular broadband technology has the potential to enhance SDA’s stated mission at the transport, tracking, and ground layers in a secure and reliable way.”

See Also: SpaceX CEO Elon Musk Slams Overregulation In Space Travel As He Campaigns For Trump: ‘If Starship Did Hit A Whale, Honestly, It’s Like The Whale Had It Coming’

AST SpaceMobile shares are up more than 400% since the start of the year. The stock started taking off in May after the company announced a definitive commercial agreement with AT&T to provide a space-based broadband network direct to everyday cell phones. Last month, AST SpaceMobile announced it launched its first five commercial satellites designed to reach standard smartphones.

ASTS Price Action: AST SpaceMobile shares were up 3.54% in after hours, trading at $27.19 at the time of publication Wednesday, according to Benzinga Pro.

Photo: Courtesy of AST SpaceMobile.

Continue Reading...

Popular

This Mediterranean Restaurant Chain Acquired Kevin Miles-Led Zoës Kitchen In 2018. It Is Now Rising Fast As A Chipotle Killer: What's Making It Tick? (Updated)

CAVA Group's remarkable 268% stock surge, bolstered by its strategic acquisition of Zoës Kitchen and innovative fast-casual model, positions it as a strong contender to challenge Chipotle's dominance in the restaurant industry.

Dogecoin's Whopping 60.9B Movement In 24 Hours: A Bullish Sign?

A whopping 60.9 billion Dogecoin (CRYPTO: DOGE) has been transacted in the past 24 hours, hinting at a possible bullish trend for the meme cryptocurrency.

Wall Street Legend Issues Inauguration Buy Alert - Ad

If you've underperformed this raging bull market, if you've lost money or missed out... this is your final chance to potentially profit.

Bitcoin ETFs Have Outstripped Satoshi Nakamoto's Holdings

Bitcoin ETFs have now accumulated more Bitcoin (CRYPTO: BTC) than the holdings of Bitcoin’s

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Deal Dispatch: Ubisoft In Buyout Talks, Dental Supplier Explores Sale, Beloved Drive-Through Goes Bankrupt

Dental supply maker Patterson Companies Inc announced Thursday that it is exploring strategic options, including a sale or merger, to boost shareholder value.

What to stream: Paris and Nicole reunite, Romano and Kudrow team up and Indiana Jones quests

Angelina Jolie portraying opera singer Maria Callas in the movie “Maria” and a Jamie Foxx Netflix comedy special are some of the new television, films, music and games near you.

Has the Tech Stock Selloff Finally Arrived? - Ad

After soaring over 150% in 2024 alone... is it actually time to buy Nvidia? A 50-year Wall Street veteran gives his answer to Nvidia, right here...Including the name and ticker of one under-the-radar AI stock to buy instead of Nvidia... before Tuesday, December 3rd.

As data centers proliferate, conflict with local communities follows

ALEXANDRIA, Va. (AP) — Richard Andre Newman thought he would live the rest of his life in his quiet, leafy neighborhood in suburban . He was born and raised in Bren Mar Park, where children ride their bikes and neighbors wave hello.

Why Is This Bull Run Scaring JP Morgan, Goldman Sachs, and Warren Buffett? - Ad

Billionaires Warren Buffett, Stanley Druckenmiller, and David Tepper have all sold off massive U.S. stock positions. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about?

Why Is Telomir Pharmaceuticals Stock Trading Higher On Tuesday?

Telomir Pharmaceuticals unveils preclinical data on Telomir-1, highlighting its potential in Type 2 diabetes, aging, and inflammatory diseases.

December 16th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on November 18th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

SoFi Unlocks SpaceX Exposure For Retail Investors: Here's How

SoFi Technologies announced expanded access to alternative investments on Wednesday through three new private market funds, including the Cosmos Fund which exclusively holds SpaceX stock. 

Is Enron back? If it's a joke, some former employees aren't laughing

HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001.

Single Stock Blueprint Available Now - Ad

Market Wizard Larry Benedict is one of the most successful traders you'll ever meet...But he doesn't make money the traditional way. In short: It's a way to trade just one stock...And potentially make all the money you need to fast-track your retirement -- no matter what happens in the stock market.

Commanders hire Campbell's CEO Mark Clouse as their new team president

WASHINGTON (AP) — The hired Mark Clouse as their new team president Tuesday, putting the longtime food executive in charge of all facets of the organization's business operations when he starts in late January.

US expands list of Chinese technology companies under export controls

BANGKOK (AP) — The U.S. Commerce Department has expanded the list of Chinese technology companies subject to export controls to include many that make equipment used to make computer chips, chipmaking tools and software.

Trump: The Bitcoin President - Ad

Bitcoin surged past $100,000, driven by Trump's plan to make the U.S. the "Bitcoin Superpower." While most investors are buying Bitcoin, I've uncovered a $25 "Bitcoin loophole" that's set to deliver potential gains of 6,865% -- without needing to own any coins or ETFs.

Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

HANOI, Vietnam (AP) — The death sentence for real estate tycoon was upheld Tuesday in Vietnam's largest fraud case, the scale of which had raised concerns about the country's economy.

Top 3 Energy Stocks That Could Blast Off In December

When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term.

Gates-Backed Company Holds the Future of AI - Ad

Bill Gates is making his next big bet. And this time, it's with artificial intelligence. Over the last several years, Gates has quietly invested more than $750 million into this technology. And he's not the only one. Warren Buffett, Peter Thiel, Jeff Bezos, and others are in on it too. In this new exposé, Porter Stansberry shares all the details.

Bitcoin SV Is Up 80% Over The Past Month: What's Going On?

Bitcoin's historic rise past $100,000 this week has sparked a surge of activity across the cryptocurrency market, bringing renewed attention to Bitcoin SV (CRYPTO:

Here's How Ray Dalio Thinks Trump's Second Term Could Reshape the US and the World

Donald Trump's second term as president is expected to bring about a significant shift in the global and domestic order, with Trump's selections for key posts set to aid in this transformation.

Do NOT Buy Nvidia, Apple, Microsoft, Meta, Tesla, or ANY Major Tech Stock... - Ad

31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading shares of their OWN stocks at RECORD pace... But why? Wall Street legend Eric Fry says it's because, soon: "America's most popular stocks like Nvidia, Apple, Meta, Tesla, and thousands more... are set to come plummeting back to Earth." Erasing YEARS of investor profits... Sparking a $17 trillion PANIC on Wall Street...

Trudeau to meet with Canadian opposition leaders to discuss U.S. relations after Trump tariff threat

TORONTO (AP) — Canadian Prime Minister Justin Trudeau will have a meeting with all opposition leaders to discuss U.S.-Canada relations after U.S. President-elect Donald Trump on all Canadian products.

Exposed: 3 Cent Crypto to Explode December 16th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on December 16th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

This Crypto 'Killer App' Could Grow 1,000% Under A Trump Administration: Report

A new report indicates that stablecoins, currently a $163 billion market, could grow to represent 10% of the U.S.

TikTok defends handling of Romania election content in grilling by EU lawmakers

BUCHAREST, Romania (AP) — TikTok took down several networks that tried to meddle in Romania's elections, executives said Tuesday as they defended the company's election integrity measures to European Union lawmakers.

Elon Musk: "AI Will Run Out of Electricity ... in 2025" - Ad

This AI boom is going to push America's power grid to the brink... Elon Musk even recently said that AI could run out of electricity by 2025. This crisis may just reveal one of the greatest investment ideas we are ever going to find. My research has recently uncovered two companies that could make a massive difference today.

Tesla Cybertruck Crash In California Claims 3 Lives, Leaves 1 Seriously Injured

In a tragic incident early Wednesday, a Tesla Cybertruck crashed in Piedmont, California, resulting in three fatalities and one serious injury.

A top Fed official leans toward December rate cut but says it depends on economic data

WASHINGTON (AP) — A top Federal Reserve official said Monday that he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

Elon Musk's X Objects To Sale Of Infowars Accounts To The Onion, Claims Ownership Over Alex Jones's Social Media

Elon Musk's X has objected to the bankruptcy sale of Alex Jones's Infowars accounts to The Onion, citing terms of service that prevent the transfer of social media accounts without its approval.

Northern Star Acquires De Grey For $3.3 Billion, Secures Promising Tier 1 Asset

Northern Star Resources announced $3.3B acquisition of De Grey Mining's Hemi gold project, boosting overall production to 2.5M ounces annually by 2029.

Watch Jeff's New Demo: Elon Musk's New $9 Trillion AI Product - Ad

Why is Jeff Brown blindfolded and with his hands tied behind his back? It's all part of a crazy experiment involving a Cybertruck. See this demo because if Jeff is right... Elon Musk could make a lot of people rich with his new AI technology.

Search for UnitedHealthcare CEO's killer yields evidence, but few answers

NEW YORK (AP) — They have seen him smiling on a hostel security camera, but don’t know his name. They found the backpack he discarded while fleeing, but don’t know where he's gone.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright activatrade.ca
Privacy Policy | Terms of Service