AST SpaceMobile Secures $100 Million US Space Force Contract

AST SpaceMobile reported third-quarter 2026 revenue of $42.3 million, representing a 34% increase from the previous quarter. The figure missed consensus estimates, and the company posted an adjusted loss of $0.44 per share, which was wider than the anticipated $0.40. Despite these results, the company reaffirmed its full-year revenue guidance between $150 million and $200 million.

The company secured a $100 million contract with the United States Space Force for Space-Based Airborne Moving Target Indicator sensing. To support its growth, AST SpaceMobile announced a Japan Low Earth Orbit agreement and updated its target to have 45 satellites in orbit by mid-2027. Six BlueBird satellites are scheduled for launch in the first quarter of 2027.

Berenberg Bank reiterated a Buy rating and a $92.00 price target for the stock. The firm cited the new government contracts and a $3.2 billion liquidity position as primary supports for the long-term investment case.