AST SpaceMobile Inc: Growth prospects remain but more delays

研报英文原文证据摘录

AST SpaceMobile Inc: Growth prospects remain but more delays

Barclays | AST SpaceMobile Inc

Risks which May Impede the Achievement of the Barclays Research Valuation and Price Target: Upside risks: AST gains more market share than

expected as telecoms favour it against players that will compete with telecom in other verticals, AST unique satellite enable it to maintain a

competitive edge for a longer period than expected and hence more pricing power. Downside risk: Early-stage company with limited operating history

and no revenues. Execution risk on building, launching and deploying the satellites. Larger and well funded competitors capture most of the market.

CEO owns 88% of the voting rights through ownership of Class C shares (10x voting rights).

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