AST SpaceMobile (ASTS) has provided an update. On July 15, 2025, AST SpaceMobile’s subsidiary, Spectrum USA I, LLC, entered into a $550 million credit agreement with Sound Point Agency LLC to support payment obligations to Ligado Networks for access to spectrum in the US and Canada. This agreement, which includes various conditions and covenants, strengthens AST SpaceMobile’s strategic positioning in the satellite communications market by securing valuable mid-band spectrum for its operations.\n\nThe most recent analyst rating on (ASTS) stock is a Buy with a $47.90 price target. To see the full list of analyst forecasts on AST SpaceMobile stock, see the ASTS Stock Forecast page.\n\nAccording to Spark, TipRanks’ AI Analyst, ASTS is a Neutral. AST SpaceMobile’s overall score reflects a company with promising strategic initiatives but facing significant financial and operational challenges. The financial performance is notably weak, characterized by negative profitability and cash flow issues. Technical indicators suggest some upward momentum, but valuation metrics and regulatory hurdles present concerns. Despite these challenges, positive developments in strategic partnerships and a solid cash position offer potential upside.\n\nTo see Spark’s full report on ASTS stock, click here.\n\nAST SpaceMobile, Inc. operates in the satellite communications industry, focusing on direct-to-device satellite applications. The company aims to provide connectivity solutions by leveraging satellite technology to deliver broadband services directly to mobile devices.

AST SpaceMobile Secures $550M Credit Agreement

AST SpaceMobile's subsidiary, Spectrum USA I, LLC, entered into a $550 million credit agreement with Sound Point Agency LLC to support payments to Ligado Networks for spectrum access in the US and Canada. The company operates in satellite communications, focusing on direct-to-device applications, while facing financial challenges and regulatory hurdles.