ASTS is one of those stocks where I think quite a few people took advantage of the last dip to buy in. I'm still digging deeper into the overall investment thesis, and I have a question about satellite maintenance and the long term economics.
Obviously, we can't exactly send technicians up to LEO for a quick repair. So if a BlueBird satellite suffers a serious hardware failure that can't be fixed through software, what exactly happens? Is there enough built in hardware redundancy to keep it operational, or is the plan basically to deorbit it and replace it? If replacement is necessary, could the ongoing launch CapEx end up putting significant pressure on margins?
Also, with the stock making such an incredible comeback, do you guys think there are enough upcoming catalysts, like future launches, FCC approvals, or prepayments from mobile network operators, to push it past its all time high during this run? Or do you think it'll consolidate around resistance first? What do you guys think?