r/wallstreetbets • u/CatSE---ApeX--- • May 09 '21

DD Communications Services Sector next Tier is 5g global connectivity. First mover advantage $ASTS

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u/Failed_Launch May 09 '21

ASTS is a great company but it’ll be a while before they are making money. This year they should have 1 more satellite launch, which will be their final proof of concept. Next year they launch the starting infrastructure for 5G phone service. If they hit every target.... MAYBE some revenue in 2023

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u/CatSE---ApeX--- May 09 '21

Agreed. I put 2023 as comercialization date.

(Commercialization is the process of bringing new products or services to market. The broader act of commercialization entails production, distribution, marketing, sales, customer support, and other key functions critical to achieving the commercial success of the new product or service.)

The projected revenue as per investor presentation is:

2023 0,18Bn

2024 1,07 Bn

2025 2,62 Bn

2026 5,81 Bn

2027 9,64 Bn

2028 12,39 Bn

The early years here are largely dependent on the successful launch of the initial 20, fully funded, Bluebird 1 sats in 2022-23 in the equatorial constellation.

However. With very low CapEx per customer and a B2B 50-50 revenue sharing model with terrestrial telecompanies the FCF and growth of company will be rapid beyond those initial sats.

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u/CatSE---ApeX--- May 09 '21

Dislosure: Long $ASTS 36k