$ASTS I've held $ASTS since the de-SPAC and bought everywhere from $2 to over $100. Now I'm looking hard at the opportunity cost and asking whether my money is in the right place for what's next. I don't think I'm alone. Some of the drop is macro, a soft sector, and fading momentum. But relative to the rest of the sector, we do struggle with communication and dare I say, credibility. Timeline after timeline from earnings calls has slipped: satellites in orbit, commercial service, and the government contract details we were told were coming. Some of this has been out of our control - but communication is always available to management. Management, here's what long-term holders need on the next call: 1️⃣ Production: How many BlueBirds were completed in each of July, August, and September? On what date will Midland hit a sustained 6 per month? Investors need to gauge production process. If we cannot meet 6 per month, then all future financial projections should be called into question. 2️⃣ Launches: Give us the launch-by-launch schedule through mid-2027, with the target month, and the number of satellites on each one. Which are under signed contract, and which are still tentative? 3️⃣ Government: Name the government agreements that are actually signed, their dollar value, and how long they run. Which of the contracts that were touted are still pending, and by what date will they be disclosed? 4️⃣ Capital: In July you raised $1.15B in convertible notes. You said the money would "secure additional access to orbit" and fund "partnerships and/or acquisitions to further vertically integrate" and reduce reliance on third-party launch providers, and you also said there were no agreements yet. Three months later, what launch access has that money actually secured, and what vertical-integration deals have been signed? How much of the $1.15B has been spent, and on what? With over $3.7B in pro forma cash, what's the quarterly burn through 2027, and is another raise coming? In this market we don't need more optimism. We need numbers, dates, and commitments that get met. I believe that the mission of this company is going to change lives, create a ton of value, and is in the end quite noble. I understand space is hard and expensive and timelines can shift. In the last few years I have learned more about spectrum, wavelengths, and regulatory requirements than I ever thought I would. I believe the technology is superior to anything else available and that the first principles approach has been dead on from the beginning. That being said, we are competing in a field with the richest and most successful business men ever to have lived. The odds are certainly stacked against us, and timing here is everything. I think Space growth is going to be a defining shift in the trajectory of humanity akin to the railroad, international shipping, computing, and the internet. This is a huge opportunity that generations after us will wish they had a chance to invest in - but I have to ask whether I have backed the right horse at the right time. I believe I have, but I need more from our leadership at this pivotal moment. Hold tight, Spacemob. 🛰️

$ASTS On the “Fortune Future 120” list at number 8? Ahead of names like Snowflake and Coreweave… I think we can go higher. finance.yahoo.com/markets/st…

$ASTS Agreed. I think two things can be true that we often bind together in the Spacemob. It is true that the share price today trades seemingly independent of news, and is trading in step with the space basket. It’s quite possible, maybe even likely when looking at RKLB with its recent positive news, that any positive press for AST these past few weeks would go unrewarded in the share price. So it is fair to say, that even if the company were more vocal with updates, the share price may not be any different than it is now. It is also true that the progress of satellite production, shipping cadence, and launch capacity are absolutely material to the investment thesis and the success of the company. I believe most people are not looking at the company’s silence right now as being unsupportive of the share price, but are currently trying to take the company’s previous guidance and have it make sense. The current rate of production and shipping, seemingly - from an outsiders perspective - does not support a path to 45 sats in early 2027 and is looking increasingly like it will not support a path to 25 and beta service within 2026. This is what people are looking for communication on - not necessarily PR announcing new business or contracts, but - are we going to accomplish what you said you would? It’s possible that slipping a few months on these targets yields the same long term result, and seasoned investors will tell others that the timing doesn’t matter. That’s quite possibly true, and it’s a mental and emotional muscle that needs to be built within every investor, that is fair feedback. It’s also fair to ask for the company to explain and show a path to achieving the financial results it is claiming are right around the corner, and we shouldn’t dismiss reasonable concerns and questions being raised by shareholders just because they are happening as the price is depressed. It’s my read that Spacemob is less concerned with the price and more concerned with the business. Are we on track? Do you have a real path to the production numbers you are claiming, are the rockets lined up to support it? Delays lead to increased competition and increased cash burn - these can reasonably shift investment thesis’s and are valid topics for discussion. Spacemob should continue to foster the collaborative research model that has carried us thus far, and continue to push for clarity and transparency where possible with the company we all own and love. Good post, Scott.

$ASTS ?

$ASTS back at $60

$ASTS Two things stood out to me here: “Direct to device and radar” And “AI Edge Computing.” Both obviously discussed by Spacemob, but now materializing before us.

$ASTS looking at the Nasdaq and the Space sector generally, this is probably where we would have opened today, raise or not. lol.

$ASTS The language in the offering certainly does sound like they are looking to invest/acquire, but they followed it up with confirming there were no "understandings or agreements." This is standard SEC boilerplate language. This would not preclude: - Ongoing discussions, NDA's, or non-binding LOIs - Due diligence in progress - Board-approved exploration that hasn't turned into a binding deal Even saying "partnerships and/or acquisitions" leaves them with some optionality while shopping, and keeps the powder dry during negotiations. Given the fact that they are raising at these levels, it does at least seem like talks are at an "advanced" stage.