US Space Communication Stocks Dreaming of Direct Call Satellites, Executives Sell Company Shares

AST SpaceMobile, Inc. (NASDAQ: ASTS) Chief Technology Officer Huiwen Yao sold 40,000 shares of Class A common stock on June 5 under a pre-established Rule 10b5-1 trading plan, generating approximately $3.85 million in proceeds (about ₩5.4 billion). Chief Financial and Legal Officer Andrew Martin Johnson sold Class A common shares on the open market on multiple occasions on June 11, converting roughly $4.3 million (around ₩6.0 billion) into cash, while filings show he still retains a substantial stake. Independent director Julio A. Torres was granted restricted common stock units as part of his annual compensation on June 12; these units vest in full upon the earlier of one year or the next annual shareholders’ meeting, slightly increasing his holdings.

On June 17, AST SpaceMobile advanced its direct-to-cell satellite network by successfully launching three BlueBird satellites (Nos. 8, 9 and 10) into low Earth orbit aboard a SpaceX Falcon 9 rocket. In its first-quarter results announced in May, the company reaffirmed a commercial backlog exceeding $1.2 billion and projected 2026 revenue of $150–200 million.

AST SpaceMobile is a U.S. satellite communications company building the BlueBird constellation to enable ordinary smartphones to connect directly to space-based cellular broadband without specialized terminals. Its mid- to long-term objectives include eliminating coverage gaps and strengthening connectivity during disasters and emergencies.