Jason Keller

$TMC @themetalsco @gtbgtb Hear me out...

$ASTS Breaking News! AST SpaceMobile is authorized by Brazil's ANATEL to operate a 248 Satellite Constellation consisting of S-Band and Q/V Feeder. Specifically ANATEL granted AST access to 10x10 MHz of S-Band Spectrum in the 1980-2010 and 2170-2200 range. A HUGE WIN for AST!!

@SRxTrades Good day to rotate into $ASTS on the back of $TMUS defecting from @SpaceX in favor of US MNO JV with @AST_SpaceMobile Stock should be at ATH once this is digested Showing strength today

There's a very high chance we are going to get a multi day pullback/consolidation from here A lot of the prior leaders $AMD $MU $INTC not really catching much of a bid off the 8 EMA Likely tells you the markets need more time to build a base This is also a great time to watch for rotation in the market Most likely going to see space continue to lead into the SpaceX IPO while semis build a bigger base This is the time to be super selective and follow relative strength while the markets tighten up and give us a new round of setups.

$ASTS So let me get this straight… Starlink D2D raised money at a ~$250B valuation and now they want to pretend they’re David while AST is Goliath at a ~$30B market cap? 😂 Something eventually has to break here. But at least you are telling the market what the Sp🅰️ceMob has been saying all along. KNOW WHAT YOU OWN™️

$ASTS: Where have I seen this joint venture structure before? Oh right Satellite Connect Europe JV = Vodafone, Orange, Telefonica, CK Hutchinson and Sunrise powered by AST SpaceMobile Satellite Connect USA JV = AT&T, Verizon and T-Mobile powered by ... AST SpaceMobile

$ASTS @AST_SpaceMobile I always knew 168 sats was too low Will 248 suffice? TBD We’ve already seen filings for 5 shells…

@Only6inches @The_SPACTATOR It’s a pittance

@The_SPACTATOR This is legit but not a big tell for now

$ASTS: President Trump filed a new Periodic Transaction Report today disclosing 2 separate purchases of AST SpaceMobile (ASTS) in amounts between $1,001-$15,000 in March 17th. Hopefully this is the start of many more future purchases.

Greg Burgess writes.... So apparently Jill and I are on a plane to China with Trump, Elon Musk, half the Cabinet, and a collection of CEOs whose combined net worth could probably refinance the moon. Totally normal day for Gen X. And I just can’t stop laughing at how the media spent YEARS telling us: - China hated Elon - Trump was “finished” - America was collapsing - capitalism was dead - and everybody important was abandoning the U.S. Meanwhile, here we are somewhere over the Pacific looking like the cast of Succession meets Top Gun: Retirement Plan Edition. Remember when China sanctioned Marco Rubio back in 2020 and everybody acted like the geopolitical chessboard had permanently shifted? Now suddenly everybody’s still showing up to the table because — shocking development — nations tend to like: - money - technology - manufacturing - trade - AI - energy - semiconductors - and not being economically irrelevant Who knew. The best part is the internet meltdown cycle never changes. Trump: “America needs stronger trade relationships.” Media: “HITLER.” Elon: “I make electric cars, rockets, satellites, AI, and robots.” Internet activists: “Yeah but we posted an angry hashtag.” Cool. I’m sure Beijing is trembling before your TikTok resistance movement. And flying with this group is exactly what you think it would be. Trump walks around the cabin narrating reality like it’s an episode of Lifestyles of the Rich and Geopolitical: “Great flight. Powerful people. Very high IQ. The Chinese are saying they’ve never seen anything like it.” Elon looks like he hasn’t slept since 2019 and is simultaneously calculating orbital trajectories and wondering if the beverage cart could be automated. Meanwhile Jill and I are sitting there like two exhausted Gen Xers who survived dial-up internet, chain-smoking restaurants, lawn darts, and drinking from garden hoses… wondering how in the hell we became side characters in the weirdest timeline imaginable. Honestly, at this point if Trump walked into Beijing blasting “Danger Zone” while Elon live-streamed it from orbit, I wouldn’t even blink. Because the people who told us America was over are still tweeting from iPhones, driving Teslas, using Starlink during hurricanes, and cashing checks tied to the same capitalist machine they claim to hate. Gen X translation: The world’s still running. The adults are still making deals. And the internet is still confusing hashtags for accomplishments. Carry on.

$ASTS: Slowly at first, but then ALL AT ONCE 5/15/24: AST and AT&T announce commercial agmt 🟢 ASTS rallies +128% over next few days 5/29/24: AST and Verizon announce strategic partnership, lease agmt and investment 🟢 ASTS rallies +632% over 3 months 5/14/26: AST via new MNO JV brings on T-Mobile as partner 🟢 ASTS rallies ?

@spacanpanman And with record short interest!

“Great, you lured in all time high short interest. Now announce a JV with SpaceX’ only material D2C customer. Then next week, announce shipment of Batch™️ on SpaceX’ own rocket.” $ASTS

Read this twice. AT&T, T-Mobile, and Verizon just announced a JOINT VENTURE for satellite direct-to-device service. All three. Together. A carrier coalition for D2D. $ASTS just issued a press release commending it. Abel Avellan: “happy to see how the industry is preparing.” Why this matters: T-Mobile was SpaceX’s exclusive D2D partner. Their CFO called it “low usage, geographically contained” two days ago. Now T-Mobile is joining AT&T and Verizon in a carrier-controlled D2D venture. The JV needs a technology partner. The options: SpaceX? Building a competing wireless network. Carriers don’t empower competitors. Amazon? D2D doesn’t exist yet. Acquisition not closed. ASTS? AT&T and Verizon are already equity investors. FCC authorization done. 98.9 Mbps proven. Carrier-partnered model built specifically for this. Companies don’t issue supportive press releases about things that threaten them. $ASTS was designed from day one for exactly this moment - - carriers unifying behind an independent satellite infrastructure partner. IMO, this might be the biggest D2D catalyst of the year $ASTS 🛰️

@WillTownTech @ATT @TMobile @Verizon Yep MNOs will protect their turf $TMUS is finally publicly positioning like #SpaceMob knew they would many months ago Follow the data Filings showed this setting up Competition and market forces dictated it *should* happen And now it has $ASTS @AST_SpaceMobile

A small group of industry analysts including myself were pre-briefed on this very unconventional joint venture between @ATT, @TMobile and @Verizon. Eliminating dead zones is a noble endeavor to bridge the digital divide and to support first responders. I also like the potential to accelerate the deployment and scale of non-terrestrial networks utilizing low earth orbit satellite connectivity. However, I also view this alliance as a defensive move to mitigate the impact of any NTN service provider that might wish to more directly compete with mobile network operators. It's yet another interesting development in the race to space connectivity 🚀🛰️ ⬇️

@philliplyle410 @AlexfromBabylon SpaceMob has modeled 10% of the @SpaceX service cost for $ASTS and that’s still great economics @SpaceX trying to muscle in on worse quality spectrum only drags that number up No competition

@AlexfromBabylon Given increased competition in midband, it seems like that Ligado lease may be less lucrative.

$ASTS Starlink was not informed here. The play is quite obvious. This will result in a lowband monopoly in the US for AST with the trade off for increased competition down the line in midband. This is the intention of the MNO’s to keep every D2D provider market power in check. Also a move against the connectivity bundles. Will do a major implication write-up later.

@thekookreport If only there was a date pre-communicated by which we’d know for sure shipping has commenced… Checks options chain

I think it goes absolutely vertical once we start shipping. $ASTS

Space-based cellular broadband to every American is coming!🤠📶 @ATT @Verizon @TMobile

The Metals Company has major ambitions for the future of deep sea mining. Which is exactly why they’ve just struck a new deal with an offshore engineering giant. $TMC thenew.money/article/the-me…

$TMC

The FCC ruling may end up being one of the most important long-term developments for $ASTS and the entire D2D industry. Why? Because the FCC now appears increasingly open to a functional equivalence model for spectrum buildout requirements: coverage and service delivery may matter more than whether connectivity comes from terrestrial towers or directly from space. That is a huge shift. Historically, spectrum licences effectively forced MNOs into expensive terrestrial infrastructure rollouts: • towers • generators • maintenance roads • technicians • power systems • fibre/backhaul • rent • theft/vandalism mitigation • continual upgrade cycles The economics get ugly fast in low-density areas. Operating a single rural tower can easily exceed >$100k/year once you include: • land lease/rent • power • telco backhaul • technicians • diesel generators • access roads • maintenance • wear & tear • theft/security Then add periodic upgrade capex every few years: another >$100k+. And that only pencils out if there is sufficient traffic density. A former rural tower owner summed it up perfectly: “Yep. I used to build and own rural towers (a mini American Tower). As I learned about ASTS years ago, my partners and I decided to sell all of our towers. I rolled a good chunk into ASTS. MNOs spend a LOT on rural towers that don’t pencil out. ASTS will save them billions/yr.” That is the key point the market still underestimates. Once AST D2D service is up the FCC can rationally conclude: the public-interest is not towers themselves, it is coverage. That becomes especially compelling for: • rural areas • remote regions • maritime coverage • disaster response • developing markets • low-density geographies This potentially unlocks enormous: • CapEx savings • operating savings • spectrum efficiency gains for MNOs such as AT&T, Verizon and global operator partners. Importantly, this does not necessarily mean towers disappear. Instead, over time, a meaningful percentage of mobile traffic may simply hand off to space where economics make more sense. I ran the numbers a couple of years ago before going heavily into ASTS, largely thanks to research from CatSE and others. The conclusion was striking: eventually ~20% - ~30%of global mobile traffic could economically make sense being handed off to space. I will spare us the TAM por* for now as this never works out… yet certain it will be double digit billions for sure. And that is before: • defense • sovereign comms • IoT • maritime • aviation • emergency resilience • AI-driven spectrum optimisation are fully layered in. Excited to see how much of the 9 billion Rural 5G Fund budget AST will be able to secure going forward. Credit: @NotKen2024 @1MoreSmithHere

$ASTS Towers will absolutely be replaced where they are uneconomical and there are a lot of places where they are. Recent FCC comments on allowing D2D to fulfill coverage requirements is the first tangible hint.