AST SpaceMobile successfully unfolded its first five production satellites after compacting them for their SpaceX launch to low Earth orbit last month, the direct-to-smartphone broadband constellation developer announced Oct. 25.

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Jason Rainbow writes about satellite telecom, space finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information...