$ASTS Could Become Much More Than a Satellite Phone Network

AST SpaceMobile $ASTS may ultimately become much more than a satellite phone network, with the same physical architecture already generating government radar revenue and attracting sovereign constellation funding.
But the valuation still depends heavily on the core broadband network proving it can work at scale.
That means expanding from 13 satellites to roughly 45, while its 60+ MNO partners covering more than 3 billion subscribers eventually need to convert that reach into recurring revenue.