ASTS Stock Rises Overnight: Rakuten’s AST SpaceMobile Launch Plan Gets Japan Nod To Take On SpaceX’s Starlink
Rakuten is turning to AST SpaceMobile as it lacks access to the 2GHz band used by SpaceX’s Starlink. Japan recommended allowing low-Earth-orbit satellites to connect directly to smartphones via Rakuten’s 700 MHz band. Rakuten and ASTS plan to form a joint venture this year, with limited ASTS satellite services expected in 2026. ASTS’ BlueBird 11, … Read more