ASTS

AST SpaceMobile, Inc.

2026-01-16 04:57 PM

+14.62%

AST SpaceMobile surges to record high after securing prime contract on MDA's SHIELD program

AST SpaceMobile secured a prime contract position on MDA's SHIELD program, a significant defense contract win. According to Seeking Alpha and MarketWatch, the stock soared to a fresh all-time high on the news, with MarketWatch noting the company is positioning as a SpaceX rival.

Analysis

This continues a strong multi-day rally, with the stock gaining over 20% in the past two sessions alone. The SHIELD program contract represents a major validation of AST SpaceMobile's technology for defense applications, diversifying beyond its commercial satellite-to-phone ambitions. The move significantly outperformed both the broader market and sector, confirming this as company-specific news rather than space sector momentum.

Sources

AST SpaceMobile stock jumps on securing prime contract position on MDA’s SHIELD program (ASTS:NASDAQ) - Seeking Alpha
AST SpaceMobile’s stock soars to a fresh record as the SpaceX rival nears a big win - MarketWatch

Date: 2026-01-16

Price: $116.17

Type: Stock Specific

Confidence: high