ASTS could provide 5g data by satellite to every vehicle anywhere on the planet. I have not heard this mentioned by anyone else and it would be an absolutely monstrous market to enter. Nearly every vehicle is going to be equipped with LTE capabilities, with older manufacturers such as Ford even following this path, and autonomous cars on the rise. Imagine an autonomous car having 5g service anywhere on the planet, this would be game changing. Extremely bullish on this stock and it is at a great price to accumulate shares.
why the emphasis on vehicles, the main source of revenue would be from phone usage
xLucky900
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@peaco80976, I agree phones would be the main source of revenue, I focused on vehicles simply because I have not seen too much talk about vehicle capabilities.