AST SpaceMobile's stock price rises after securing $30 million defense contract

LootboxPhobia · 2026-02-24T10:24:26+00:00

AST SpaceMobile Inc announces a $30 million contract with the U.S. Space Development Agency to leverage its BlueBird satellite constellation for low-latency tactical communications for government equipment. The Europa Track 2 project in low Earth orbit aims to demonstrate its technology for high-bandwidth data transmission, supporting the Department of Defense's resilient hybrid architecture vision.

LootboxPhobia

2026-02-24 10:24:26

Abstract generation in progress

Investing.com – AST SpaceMobile Inc (NASDAQ:ASTS) stock rose 5% on Monday after the company announced it had signed a $30 million main contract for the Europa Track 2 commercial solution project with the U.S. Space Development Agency.

The agreement is executed under the Low Earth Orbit Diffusion Hybrid Procurement (HALO) program and will leverage AST SpaceMobile’s BlueBird satellite constellation to directly demonstrate resilient, low-latency tactical satellite communications between government terminals. This contract marks the first major award supported by AST SpaceMobile USA (the company’s wholly owned defense subsidiary).

According to other transaction agreements, AST will demonstrate how its space-based architecture can provide high-bandwidth data transmission directly from low Earth orbit for military applications. The project will validate integration with existing tactical military radios through a series of on-orbit demonstrations.

The Europa Track 2 project focuses on utilizing commercial satellite infrastructure to provide tactical communication capabilities. AST SpaceMobile’s technology employs a software-defined “bend pipe” architecture to enable data transmission from its low Earth orbit constellation.

This contract supports the Department of Defense’s vision for resilient hybrid architectures, including diffusion of combat personnel space architectures, achieving scalable capabilities through existing commercial infrastructure.

AST SpaceMobile is building a space-based cellular broadband network accessible directly by smartphones, designed for both commercial and government applications.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.