AST SpaceMobile Partners With US Science Foundation To Protect Astronomy Observations While Expanding Satellite Network

AST SpaceMobile, Inc (NASDAQ:ASTS) announced on Monday it inked a Coordination Agreement with the U.S. National Science Foundation to implement best practices between satellite communications and ground-based optical, infrared and radio astronomy observations.

Under this deal, AST SpaceMobile commits to collaborate closely with NSF, its major facilities, and the broader U.S. astronomy community to mitigate any potential impact on ground-based astronomical facilities.

These efforts will include adopting measures recommended by the International Astronomical Union’s Dark and Quiet Skies initiative, such as reducing satellite brightness and providing accurate, real-time satellite positioning data to observatories.

Also Read: AST SpaceMobile Wins $43M U.S. Space Force Contract to Expand Satellite Communications

AST SpaceMobile’s network aims to deliver cellular broadband connectivity directly from satellites to standard mobile phones, improving connectivity in underserved areas globally and eliminating dead zones. The network will bring millions of Americans into the digital economy and enable access to vital online services such as education, healthcare, banking, jobs and emergency response.

AST SpaceMobile reported fourth-quarter sales of $1.92 million. The company reported a fourth-quarter adjusted loss of 18 cents per share, missing analyst estimates for a loss of 17 cents per share. AST SpaceMobile highlighted several achievements during the quarter, including new commercial agreements with Vodafone and the U.S. government, operational status for its first five BlueBird satellites, and accelerated manufacturing capabilities.

Elon Musk’s SpaceX has gained traction with its satellite network, Starlink, but some experts, such as Tim Farrar, have questioned the sustainability of its current valuation, based significantly on the company’s success. In December, SpaceX valuation was $350 billion. The service’s inability to serve many internet customers in densely populated areas and high prices may limit its reach in rural regions and developing countries. Competing services, including Amazon.com Inc.’s (NASDAQ:AMZN) upcoming satellite constellation, Kuiper, pose another challenge.

ASTS Price Action: ASTS stock is down 1.47% at $23.41 at publication on Monday.

Read Next:

• Apple Partner Globalstar Teams Up With GCT Semiconductor to Power Satellite Messaging with IoT Chips

Photo: greenbutterfly via Shutterstock