AST SpaceMobile Debuts on Nasdaq, CEO Says 'We Don't See Others Like Starlink As A Competitor'

AST SpaceMobile (NASDAQ:ASTS) made its Nasdaq debut on Wednesday. The company went public via special purpose aquisition company (SPAC) New Providence Acquisition Corp (NASDAQ:NPA) with an estimated post-transaction enterprise value of $1.4 billion. AST SpaceMobile uses satellites in space to deliver broadband to smartphones. The company describes itself as the...