AST SpaceMobile: Reddit’s Favorite Meme Stock Is Accelerating Satellite Production — But Can It Deliver 40 Units by 2026 & Stay Ahead of Competitors?

AST SpaceMobile’s third quarter of 2025 business update revealed significant progress across several operational and financial dimensions, indicating both growth potential and ongoing challenges. The company is focused on building the first global cellular broadband network in space, directly connecting with unmodified mobile devices—a venture targeting an extensive market with over 6 billion mobile phones globally, but with existing coverage gaps. The company reported approximately $14.7 million in revenue, a substantial increase from previous quarters, primarily due to gateway equipment sales and service milestones with U.S. government and commercial partners. AST SpaceMobile has successfully secured over $1 billion in contracted revenue commitments from its ecosystem partners, including definitive agreements with Verizon in the U.S. and Saudi Telecom Group in the MENA region. These partnerships showcase the robust commercial momentum and strategic relationships AST SpaceMobile is cultivating. On the manufacturing front, the company is making strides with its BlueBird satellites.