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LITS News30 articles
Amazon Leo, AST SpaceMobile, and China Launches: June 2026 Space and Satellite News
Arianespace's Ariane 6 launched 36 Amazon Leo satellites, AST SpaceMobile deployed three direct-to-phone satellites, and China launched Shijian-31, highlighting the competitive satellite broadband landscape.
AST SpaceMobile Shares Dip After SpaceX Deploys Three New BlueBird Satellites
AST SpaceMobile shares dropped about 6% to $82.25 in premarket trading after SpaceX confirmed deployment of three new BlueBird satellites, a key step following April's loss of BlueBird 7.
AST SpaceMobile Tumbles as Space Stock Momentum Cools Ahead of Key Satellite Launch
AST SpaceMobile shares plunged 15.5% to $82.41 amid a sector-wide selloff after SpaceX's market debut. The upcoming June 17 BlueBird satellite launch is the next major catalyst.
AST SpaceMobile Rallies Ahead of Key Satellite Launch and SpaceX IPO
AST SpaceMobile stock surged 11.73% to $97.56 ahead of the June 17 BlueBird satellite launch and SpaceX IPO, with investors focusing on execution milestones and valuation risks.
AT&T Holds Steady at $22.71 as CFO Asserts Fiber Strength Over Satellite Rivals
AT&T shares held at $22.71 as CFO Pascal Desroches reaffirmed 2026 guidance and a $4.0-$4.5B Q2 free-cash-flow target, countering competitive pressure from SpaceX's Starlink and Amazon's LEO satellite broadband.
AmpliTech's 64T64R Massive MIMO Radio Shines at O-RAN PlugFest, AMPG Jumps 27%
AmpliTech shares surged 26.7% after its 64T64R Massive MIMO radio was the only one of its kind at O-RAN PlugFest, showing interoperability with major carriers. No new orders were announced.
AmpliTech Surges 27% as 5G Radio Passes Open-RAN Interoperability Test
AmpliTech shares surged 27% after its 64T64R massive-MIMO radio was the only device of its kind tested at O-RAN Alliance PlugFest, though no purchase orders were announced.
AT&T Slides on Satellite Broadband Threat, Analyst Downgrade
AT&T shares fell to $22.77 premarket after Oppenheimer downgraded the stock, citing satellite broadband threats from Starlink and Amazon's Leo. Fiber and bundle strategies are the counter.
AT&T Slumps on Legal Blow and Satellite Threat Ahead of SpaceX IPO
AT&T shares fell 3.3% after a Supreme Court setback and an Oppenheimer downgrade warning of satellite broadband competition from SpaceX, whose IPO nears.
Amazon's Satellite Internet Nears Commercial Launch, BofA Says
Bank of America maintains a Buy rating on Amazon with a $310 price target, citing the imminent first revenue from its Leo satellite network, which now has 331 satellites deployed.
Blue Origin Explosion Casts Shadow on AST SpaceMobile's 2026 Satellite Plans
AST SpaceMobile stock plunged 14.79% Friday after a Blue Origin New Glenn rocket explosion raised doubts about its 2026 satellite rollout. Deutsche Bank cut its rating to Hold, slashing the price target to $106.
STMicroelectronics ADRs Rise on AI, Satellite Push; CEO to Speak June 2
STMicroelectronics ADRs gained 3.7% last week, closing at $69.31. The company launched 700V PowerGaN chips for AI servers and industrial uses, targeting $3.45B Q2 revenue.
Rocket Lab Advances Missile-Warning Satellite Program; SpaceX IPO Speculation Lifts Space Stocks
Rocket Lab passes a system requirements review for its $816 million missile-warning satellite program, securing its schedule. The company also won a $90 million Space Force contract and reported strong Q1 revenue growth.
AST SpaceMobile Stock Extends Rally on Direct-to-Device Satellite Buzz
AST SpaceMobile shares climbed 6.48% in premarket Tuesday to $112.72, extending a week of gains amid surging interest in direct-to-device satellite broadband and space-themed ETFs.
AmpliTech Soars on 5G Hardware Certification for North America
AmpliTech shares surged 14% premarket after U.S. and Canadian certification cleared its indoor 5G DAS for immediate sales. The company has orders from a North American mobile operator.
AST SpaceMobile Stock Rebounds Amid Satellite Launch Optimism
AST SpaceMobile shares recovered from early losses to close 2.2% higher at $88.75, as market focus shifted to the company's ambitious plan to launch 45 BlueBird satellites this year.
AT&T Stock Declines 4.5% in Week Despite Spectrum and Satellite Deals
AT&T shares closed at $24.03 on Friday, down 4.5% for the week, amid a broader market decline. The company secured FCC approval for a $23 billion spectrum deal with EchoStar and joined a satellite joint venture.
Planet Labs Shares Dip But End Week Higher on Satellite Launches and European Contract
Planet Labs shares closed at $41.62 on Friday, down 3.3%, but posted a weekly gain of 6.6% amid new satellite launches and a European contract win.
Top US Carriers Join Forces for Satellite Network to End Dead Zones
AT&T, Verizon, and T-Mobile announced an unprecedented partnership to create a satellite-based network connecting standard phones directly to satellites, aiming to eliminate wireless dead zones across the U.S.
AST SpaceMobile Q1 Loss Widens, Cash Reserves and Satellite Launch Plans Under Scrutiny
AST SpaceMobile's Q1 loss widened to $191M, revenue missed estimates at $14.7M, but the company maintains its 2026 outlook and a mid-June satellite launch, backed by $3.46B in cash.
GCT Semiconductor Shares Jump on Satellite 5G Platform Deal Ahead of Q1 Earnings
GCT Semiconductor shares rose to $1.88 after hours on a satellite reference-platform deal. Q1 earnings due May 12 with expected loss of 13 cents per share on $1.77M revenue.
AST SpaceMobile Set for Q1 Report After FCC Clearance and Satellite Launch Setback
AST SpaceMobile reports Q1 results Monday after a 14.8% stock rally. The FCC approved its 248-satellite direct-to-device network, but a BlueBird 7 launch failure tests deployment timelines.
Planet Labs Surges 11% on Greek Satellite Imaging Deal, Signaling EU Demand
Planet Labs shares surged 10.8% after a two-year, seven-figure contract with Greece's National Satellite Space Project, signaling growing European demand for satellite imagery.
SpaceX Launches 24 Starlink Satellites Amid Accelerating May Schedule
SpaceX launched 24 Starlink satellites from Vandenberg Space Force Base, landing the Falcon 9 booster on a Pacific droneship. The mission was the company's 55th launch of 2026.
Micron Joins US Market Cap Elite on AI Memory Surge
Micron Technology's market cap nears $660 billion as AI demand for high-bandwidth memory drives record revenue and earnings, with plans to exit consumer memory by 2026.
Oracle Joins Elite Pentagon AI Program, Bolstering Cloud Credentials
Oracle has been chosen by the U.S. War Department to deploy advanced AI on classified military networks, joining a select group of tech firms. The move comes as Oracle seeks to prove its cloud AI capabilities to investors.
Planet Labs Deploys Swedish Military Satellite Via SpaceX Rideshare
Planet Labs launched three Pelican satellites on a SpaceX rideshare, including the first for its Swedish Armed Forces deal. The satellites feature high-res imaging and Nvidia Jetson edge computing.
AST SpaceMobile Faces Dual Reality: FCC Green Light and Satellite Setback
AST SpaceMobile shares fell 6.8% after losing its BlueBird 7 satellite in a launch failure, but the company secured FCC approval for a 248-satellite network. The May 11 Q1 update will be closely watched.
AST SpaceMobile Satellite Launch Anomaly Threatens 2026 Network Timeline
AST SpaceMobile's critical BlueBird 7 satellite experienced an orbital anomaly following its launch on Blue Origin's New Glenn rocket, creating uncertainty for the company's planned 2026 commercial service deployment.
Boeing Unveils New Satellite Platform, Aims for 26 Deliveries in 2026
Boeing and its Millennium subsidiary introduced the Resolute mid-class satellite platform, with plans to deliver 26 spacecraft in 2026. The move responds to urgent military demands for faster production.