Picture of Archer Aviation logo

ACHR Archer Aviation News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsSpeculativeLarge CapNeutral

AST SpaceMobile rises after announcing BlueBird 6 launch date

** Shares of space broadband network AST SpaceMobile ASTS.O rise 5.2% to $53.4 premarket

     ** Company to launch BlueBird 6, the largest commercial communications array deployed in low earth orbit, from India's Satish Dhawan Space Center

     ** Launch is scheduled for December 15 - ASTS

     ** Company plans five orbital launches by Q1 2026; accelerates production with 40 satellites by 2026

     ** Five of 11 brokerages rate the stock "buy", four "hold" and two "sell"; median PT is $80 - data compiled by LSEG

     ** As of last close, shares have more than doubled YTD

(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

Recent news on Archer Aviation

See all news