AST SpaceMobile Sets June 17 Launch Date For BlueBird Satellites

On Tuesday, AST SpaceMobile, Inc. (NASDAQ:ASTS) said it plans to launch its BlueBird 8, 9, and 10 satellites on June 17 aboard a Falcon 9 rocket from Cape Canaveral, Florida.

The satellites are designed to expand the company’s direct-to-device cellular broadband network and are expected to deliver nearly double the peak data speeds of its initial Block 1 BlueBird satellites, which recently achieved download speeds of 98.9 Mbps on standard smartphones.

President Scott Wisniewski said the launch marks another step toward scaling AST SpaceMobile’s global space-based cellular broadband network.

The company has agreements with nearly 60 mobile network operators serving more than 3 billion subscribers worldwide, including partnerships with AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ), Vodafone Group Plc (NASDAQ:VOD), and Alphabet Inc. (NASDAQ:GOOGL). Launch timing remains subject to weather and operational conditions.

Technical Picture Remains Mixed

AST SpaceMobile stock is trading lower by more than 2% on Tuesday as high-beta growth names cool off in a risk-off tape. The Nasdaq Composite dropped 2.01%, while the S&P 500 fell 0.84%.

Despite the recent pullback, AST SpaceMobile remains in a longer-term uptrend. The stock has gained 155.03% over the past 12 months.

However, near-term momentum has weakened. Shares are trading 10.5% below their 20-day simple moving average of $99.20 and 3.6% below their 100-day simple moving average of $92.09. That suggests the stock is consolidating after reaching a swing high and a 52-week high in May.

The longer-term trend remains intact. AST SpaceMobile is still trading 12.5% above its 200-day simple moving average of $78.93 and slightly above its 50-day simple moving average of $88.50.

The golden cross that formed in June 2025, when the 50-day moving average moved above the 200-day moving average, remains in place. Traders will likely watch whether shares can hold support near the 50-day average.

Momentum indicators also point to a cooling trend rather than a breakdown. The stock’s relative strength index stands at 47.26, a neutral reading that suggests neither buyers nor sellers currently have a clear advantage.

Key resistance sits near $104.00, close to the 20-day moving average. Key support is around $73.50, a level that aligns with a prior area of buyer interest.

Price Action

ASTS Stock Price Activity: AST SpaceMobile shares were down 2.57% at $89.69 at the time of publication on Tuesday, according to Benzinga Pro data.

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