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StocksMedium•29 June 2026•

1 min read

AST SpaceMobile Keeps Gaining on New BlueBird Satellites and Rakuten JV

Key Facts

1AST SpaceMobile confirmed its three newest BlueBird satellites are operational in orbit after their June 17 SpaceX launch.

2The company announced a joint venture with Rakuten to provide direct-to-phone satellite service in Japan.

Amid rising demand for direct-to-phone satellite connectivity, AST SpaceMobile (ASTS) is advancing its constellation. The company confirmed its three newest BlueBird satellites are operational in orbit after their June 17 SpaceX launch, and announced a joint venture with Rakuten to deliver satellite-to-phone service in Japan. Production on BlueBird 37 is already underway, underscoring plans to expand the fleet.

These developments follow volatile trading in the stock, which closed at $71.45 on June 26, with a high of $73.20 and a low of $64.51, per market data. The Rakuten partnership opens a key Japanese market, while operational satellites boost network capacity as competition in satellite telecom intensifies.

Investors are watching the current price of $71.45 (close of June 26) as a gauge of upward momentum, with the possibility that operational milestones could push the stock toward its recent resistance at $73.20. No major economic events are expected in the near term, but the focus remains on AST SpaceMobile’s next announcements regarding new contracts or satellite launch schedules.