Spectrum access
The company paid $100.0 million in advances to Ligado in the first half of 2026. The Ligado transaction had not closed as of the Q2 2026 results.
The numbers
Capital advances to Ligado$100.0 millionH1 2026 · source ↗
What it is
AST is assembling spectrum for its network. Its approach combines shared spectrum from mobile operators with controlled satellite spectrum, and the company targets about 100 MHz of access in the United States. A 2025 settlement term sheet would give access to up to 45 MHz of lower mid-band spectrum through Ligado.
Why it matters to the stock. Spectrum decides how much capacity the network can sell and where it can operate. Deals that are still pending add regulatory and financing risk.
News
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