Stock Markets April 20, 2026 07:07 AM

AST SpaceMobile Share Price Slides After BlueBird 7 Fails to Reach Operational Orbit

Company says satellite powered on but was placed into too-low orbit on New Glenn 3; expects insurance to cover loss while production and launch cadence remain unchanged

By Leila Farooq ASTS
AST SpaceMobile Share Price Slides After BlueBird 7 Fails to Reach Operational Orbit
ASTS

AST SpaceMobile reported that its BlueBird 7 satellite was inserted into an orbit lower than planned after separation on Blue Origin's New Glenn 3 mission, leaving the spacecraft unable to operate and destined to de-orbit. The stock fell 14% on Monday. The company said the spacecraft powered on after separation, that the altitude achieved is insufficient for the craft's on-board thruster technology, and that it expects to recover the satellite's cost through insurance. AST SpaceMobile reiterated ambitions to continue production and to maintain an aggressive launch cadence through 2026.

Key Points

  • AST SpaceMobile's BlueBird 7 was placed into an orbit too low for sustainable operations and will de-orbit.
  • Shares of AST SpaceMobile fell 14% on Monday after the company disclosed the failed orbit insertion.
  • Company expects to recover the satellite's cost via insurance and is in production through BlueBird 32, with BlueBird 8-10 expected to be ready to ship in roughly 30 days; it maintains a target of about 45 satellites in orbit by the end of 2026.

Overview

AST SpaceMobile disclosed that its BlueBird 7 satellite, launched on Blue Origin's New Glenn 3 rocket, was placed into an orbit lower than planned and is not sustainable for operations. The company said the spacecraft did separate from the launch vehicle and powered on, but the altitude achieved is insufficient for the satellite's on-board thruster capability, and the satellite will de-orbit.

Market reaction

Shares of AST SpaceMobile (NASDAQ:ASTS) fell 14% on Monday following the company's announcement about BlueBird 7's orbit. The company said it expects to recover the lost satellite's cost under its insurance policy.

Technical and program details

BlueBird 7 would have been the company's eighth satellite placed into low Earth orbit as part of its space-based cellular broadband network intended to connect directly with standard smartphones. AST SpaceMobile confirmed that the satellite separated from the launch vehicle and initiated power-up, but an underperformance of the upper stage left the satellite in a lower-than-planned orbit.

The company indicated that the altitude is insufficient for operations with the satellite's on-board thruster technology and that the spacecraft will de-orbit. AST SpaceMobile said it expects insurance to cover the satellite's cost.

Production and launch plans

AST SpaceMobile said it is in production through BlueBird 32. The company added that BlueBird 8 through 10 are expected to be ready to ship in approximately 30 days. It also stated that it continues to expect an orbital launch every one to two months on average during 2026, supported by agreements with multiple launch providers, and that it maintains a target of approximately 45 satellites in orbit by the end of 2026.

Program implications

The company described the loss of BlueBird 7 as a setback to its deployment schedule but underscored that the satellite was one of many planned for the network. AST SpaceMobile reiterated ongoing production and its stated launch cadence and orbital target for the end of 2026.

Risks

  • Loss of individual satellites can delay the rollout of the space-based cellular broadband network, impacting the satellite telecom sector and related markets.
  • Reliance on successful orbital insertion by launch providers introduces schedule uncertainty despite agreements with multiple providers.
  • Share price volatility following mission failures can affect investor sentiment in the company's equity and the broader space and telecom-related market segments.

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