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AST SpaceMobile Addresses Today’s Orbital Launch of BlueBird 7 on the New Glenn Launch Vehicle businesswire.com/news/home/2026…

Mission success! Alpha Flight 7 achieved nominal performance and validated key systems ahead of our Block II configuration upgrade. This test flight also delivered a demonstrator payload for @LockheedMartin . Congratulations to the entire Stairway to Seven team! Read more: fireflyspace.com/news/firefly-a…

$ASTS Consistent with my ongoing analysis, I've reduced my weight in ASTS from 3% to about 1.6%. The operational challenges with scaling satellite production appears to be more significant than I previously expected, and I will want to see meaningful progress on that front before getting more bullish. Either they're running into a plethora problems that they didn't anticipate, OR they're running into problems that they did anticipate and just choose to downplay it for the past 18 months. Realistically the answer is likely a little bit of both. At the end of the day, their number one job is to build and launch birds. Yes there are launch partner delays but it's the building/assembly part that's the current bottleneck. There's a real scenario that they don't have 60 birds in orbit until late 2027. I don't know what the % chance of that is, but it's not zero, and I definitely would have had said zero last year. The issue is the current ACTUAL (not guided) pacing provides zero data for an outsider to extrapolate from. And their previous guidance has been extremely wrong, so it's really hard to say "this time their guidance will be correct." I'm becoming more confident about my previous comments about this turning into an S-tier meme stock. The product seems to be more about the stock price and promises made by the company than actual operations. This is an asset to the company (and shareholders) as the volatility is dampened if bad news occurs. It ends well as long as they manage to eventually reach their goal. I still think the company gets the full constellation up, and significant revenues are likely to follow, but I want to see more metal in orbit, or a far lower stock price before I can be more constructive on the valuation being appealing. x.com/KevinLMak/stat…

we're making @blocks smaller today. here's my note to the company. #### today we're making one of the hardest decisions in the history of our company: we're reducing our organization by nearly half, from over 10,000 people to just under 6,000. that means over 4,000 of you are being asked to leave or entering into consultation. i'll be straight about what's happening, why, and what it means for everyone. first off, if you're one of the people affected, you'll receive your salary for 20 weeks + 1 week per year of tenure, equity vested through the end of may, 6 months of health care, your corporate devices, and $5,000 to put toward whatever you need to help you in this transition (if you’re outside the U.S. you’ll receive similar support but exact details are going to vary based on local requirements). i want you to know that before anything else. everyone will be notified today, whether you're being asked to leave, entering consultation, or asked to stay. we're not making this decision because we're in trouble. our business is strong. gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. but something has changed. we're already seeing that the intelligence tools we’re creating and using, paired with smaller and flatter teams, are enabling a new way of working which fundamentally changes what it means to build and run a company. and that's accelerating rapidly. i had two options: cut gradually over months or years as this shift plays out, or be honest about where we are and act on it now. i chose the latter. repeated rounds of cuts are destructive to morale, to focus, and to the trust that customers and shareholders place in our ability to lead. i'd rather take a hard, clear action now and build from a position we believe in than manage a slow reduction of people toward the same outcome. a smaller company also gives us the space to grow our business the right way, on our own terms, instead of constantly reacting to market pressures. a decision at this scale carries risk. but so does standing still. we've done a full review to determine the roles and people we require to reliably grow the business from here, and we've pressure-tested those decisions from multiple angles. i accept that we may have gotten some of them wrong, and we've built in flexibility to account for that, and do the right thing for our customers. we're not going to just disappear people from slack and email and pretend they were never here. communication channels will stay open through thursday evening (pacific) so everyone can say goodbye properly, and share whatever you wish. i'll also be hosting a live video session to thank everyone at 3:35pm pacific. i know doing it this way might feel awkward. i'd rather it feel awkward and human than efficient and cold. to those of you leaving…i’m grateful for you, and i’m sorry to put you through this. you built what this company is today. that's a fact that i'll honor forever. this decision is not a reflection of what you contributed. you will be a great contributor to any organization going forward. to those staying…i made this decision, and i'll own it. what i'm asking of you is to build with me. we're going to build this company with intelligence at the core of everything we do. how we work, how we create, how we serve our customers. our customers will feel this shift too, and we're going to help them navigate it: towards a future where they can build their own features directly, composed of our capabilities and served through our interfaces. that's what i'm focused on now. expect a note from me tomorrow. jack