--- title: "Key facts: AST SpaceMobile Plunges After New Glenn Failure; 1.2B, 3.9B" type: "News" locale: "en" url: "https://longbridge.com/en/news/288136543.md" description: "AST SpaceMobile (ASTS) shares plunged approximately 18.5% intraday following Blue Origin’s New Glenn launch failure, which raises risks of delays for its planned satellite deployments. Deutsche Bank downgraded the stock and lowered its price target. Despite the drop, ASTS reported $1.2 billion in contracted revenue commitments and $3.9 billion in cash equivalents ahead of its commercial-scale deployment." datetime: "2026-05-30T07:13:45.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288136543.md) - [en](https://longbridge.com/en/news/288136543.md) - [zh-HK](https://longbridge.com/zh-HK/news/288136543.md) --- # Key facts: AST SpaceMobile Plunges After New Glenn Failure; 1.2B, 3.9B - AST SpaceMobile (ASTS) plunged after Blue Origin’s New Glenn failure raised launch delays risk; Deutsche Bank cut rating and trimmed price target; shares fell ~14% premarket, ~18.5% intraday. 1 2 3 - AST SpaceMobile: Blue Origin LC-36 incident impacts planned BlueBird launches. Multi-launch deal from 2024 aimed to reach ~45 satellites for 2026. BlueBird 8–10 remain set for mid-June on Falcon 9. 4 5 6 - AST SpaceMobile (ASTS) reports $1.2B in contracted revenue commitments and about $3.9B in cash and equivalents ahead of commercial-scale deployment — key liquidity and backlog metrics for traders 7 ### Related Stocks - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [ASTX.US](https://longbridge.com/en/quote/ASTX.US.md) - [DB.US](https://longbridge.com/en/quote/DB.US.md) - [DBK.DE](https://longbridge.com/en/quote/DBK.DE.md) - [03KB.DE](https://longbridge.com/en/quote/03KB.DE.md) - [DPB.DE](https://longbridge.com/en/quote/DPB.DE.md) ## Related News & Research - [AST SpaceMobile (NASDAQ:ASTS) Shares Down 3.6% After Insider Selling](https://longbridge.com/en/news/289237654.md) - [AST SpaceMobile rises after announcing June 17 launch date for its BlueBird 8, 9, and 10 satellites](https://longbridge.com/en/news/289198120.md) - [Harvest Fund Management Co. Ltd Has $592,000 Stake in AST SpaceMobile, Inc. $ASTS](https://longbridge.com/en/news/288928869.md) - [Stock Traders Buy High Volume of AST SpaceMobile Call Options (NASDAQ:ASTS)](https://longbridge.com/en/news/288922163.md) - [AST SpaceMobile (NASDAQ:ASTS) Sees Strong Trading Volume - Here's What Happened](https://longbridge.com/en/news/289619118.md)