Karman

📊 𝐈𝐍𝐕𝐄𝐒𝐓𝐎𝐑 𝐍𝐎𝐓𝐄: William Blair Sees Blue Origin Recovery as Positive for AST SpaceMobile, Karman - $AST SpaceMobile(ASTS.US) $Karman(KRMN.US) $SpaceX(SPCX.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ William Blair says Blue Origin’s expected launch return benefits 𝐀𝐒𝐓𝐒 and 𝐊𝐑𝐌𝐍.

➤ Jeff Bezos stated a clear path exists for 𝐍𝐞𝐰 𝐆𝐥𝐞𝐧𝐧 launches in 𝟐𝟎𝟐𝟔.

➤ AST SpaceMobile remains on track for beta 𝐝𝐢𝐫𝐞𝐜𝐭-𝐭𝐨-𝐝𝐞𝐯𝐢𝐜𝐞 service later this year.

➤ Commercial service launch is still expected in 𝐇𝟏 𝟐𝟎𝟐𝟕, according to AST.

➤ AST also received authorization for 𝟏𝟎𝐱𝟏𝟎 𝐬𝐩𝐞𝐜𝐭𝐫𝐮𝐦 usage in Brazil.

➤ Karman supplies key components for New Glenn and derives about 𝟓% platform exposure.

➤ Karman expects space segment growth to remain intact with over 𝟗𝟎% revenue visibility.

💬 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

“Blue Origin’s expected return to launch operations this year is a positive development for both AST SpaceMobile and Karman,” William Blair noted, following recent comments from Blue Origin leadership regarding New Glenn’s recovery timeline.

AST SpaceMobile said at William Blair’s 46th Annual Growth Stock Conference that it continues to expect a beta direct-to-device service launch later in 2026 and a commercial rollout in the first half of 2027.

Karman CEO Jon Rambeau stated that the company’s space segment growth should be unaffected by the New Glenn launchpad incident and added that Karman has greater than 90% visibility to achieve the midpoint of its full-year revenue guidance, which calls for 25% organic growth.