ASTS

AST SpaceMobile: huge contract with Saudi stc

The contract value may exceed 9% of the company's total revenue for 2025, depending on service usage.

By the SpyStocks desk · · 1 min read

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Saudi telecom company (stc) signed a 10-year strategic partnership with AST SpaceMobile $ASTS to offer space-based communication services. ✔️

The contract value may exceed 9% of the company's total revenue for 2025 ($20.21 billion) depending on service usage. 💵

The plan is to provide communication services directly to devices through ASTS's satellites. 🌍

Good intel travels.

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