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AST SpaceMobile Inc. (ASTS) Flies 10.3% Ahead of BlueBird 7 Launch
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AST SpaceMobile Inc. (NASDAQ:ASTS) is one of the 10 Stocks With Easy 8-20% Gains. AST SpaceMobile extended its winning streak to a third straight session on Thursday, surging 10.28 percent to close at $92.62 apiece, as investors loaded portfolios ahead of the looming launch of its BlueBird 7. In a social media post by Blue Origin, it said that AST SpaceMobile Inc.’s (NASDAQ:ASTS) next-generation BlueBird 7 satellite is targeted to take off no earlier than Friday, April 10. It will fly onboard Blue Origin’s New Glenn rocket from the Launch Complex 36 at Cape Canaveral Space Force Station. BlueBird 7 is one of the two next-generation satellites, next to BlueBird 6. As compared with the latter, the former is nearly 2,400 square meters in size and 3.5 times bigger than BlueBirds 1 to 5. It also features the largest commercial communications array in low Earth orbit. “BlueBird 7 moves us closer to delivering a new layer of cellular broadband connectivity for consumers, enterprises, and government customers worldwide,” AST SpaceMobile Inc. (NASDAQ:ASTS) President Scott Wisniewski said earlier. BlueBirds 7 and 6 are both designed to be compatible with all major launch vehicles. AST SpaceMobile Inc. (NASDAQ:ASTS) aims to enable 4G and 5G space-based cellular broadband for billions globally without requiring any changes to mobile devices. While we acknowledge the potential of ASTS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.