Last week, AST Space Mobile successfully launched the first five Bluebird commercial

satellites to orbit, a milestone for both the space startup and its partners, including

AT&T,'s head of networks Chris

Sambar joined this podcast post-launch. Really we're bringing satellite

connectivity to the masses and it's never been that way before and AST is the first company to do this at scale at data speeds over 20 megabits

per second to a regular unmodified cell phone like you and I carry around all day.

It's a future AST Space Mobile's founder and CEO, Abell Avalon, has spent years working towards.

And while early service for the US government will come online soon, more satellites will be

needed to create continuous space-based broadband service.

We are building a nest batch of satellites. We had a 17 of the ending process right now. We start in early next year.

It will be a launch campaign that we will announce pretty soon. And we spec to ramp up our production rate.

We're building 17 today.

We expect in the near future to get a capacity of 72 per year.

ASTS stock rocketed in anticipation of this launch, trading as high as $38 a share in mid-August.

It was a $2 stock back in May.

The prices come off a little bit since then, but Wall Street has taken notice.

Deutsche Bank boosted its price target to $63 just earlier this month.

There were many, many buses of retail investors showing up to the launch we were really very happy to see that but

that's a reminder or really how this important is for them this is just not an investment

this is a collaboration to change the world a little bit for better.

And this is basically a movement that have become in how we democratize access to knowledge

and information around the globe.

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