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Asymmetric Deep Dives
Hamsa
1 episodes
1 day ago

Asymmetric Deep Dives plunges into the heart of the stock market, delivering comprehensive analyses that go far beyond surface-level information. Each episode is a forensic examination of a single stock, revealing its business model, financial health, competitive landscape, and the critical factors that could lead to disproportionate returns. Whether you're a seasoned investor or building your knowledge, prepare to gain a deeper, more nuanced understanding of the companies you're tracking.

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Investing
Business
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All content for Asymmetric Deep Dives is the property of Hamsa and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Asymmetric Deep Dives plunges into the heart of the stock market, delivering comprehensive analyses that go far beyond surface-level information. Each episode is a forensic examination of a single stock, revealing its business model, financial health, competitive landscape, and the critical factors that could lead to disproportionate returns. Whether you're a seasoned investor or building your knowledge, prepare to gain a deeper, more nuanced understanding of the companies you're tracking.

Show more...
Investing
Business
Episodes (1/1)
Asymmetric Deep Dives
EP1 - ASTS Deep Dive

Episode Notes: AST SpaceMobile – Space-Based Cellular Broadband

  • 0:00 – Vision & Tech: AST SpaceMobile (NASDAQ: ASTS) is building the first space-based cellular broadband network, connecting unmodified 5G/LTE phones directly from space. Their proprietary technology, with over 3,650 patent claims, aims to eliminate global cellular coverage gaps.
  • 1:15 – Market & Partners: The target market is valued at over $1.1 trillion annually, impacting 5.6 billion mobile devices. AST SpaceMobile partners with nearly 50 mobile network operators (MNOs) globally, including AT&T, Verizon, and Vodafone, representing almost 3 billion subscribers, leveraging a "super-wholesale revenue share model".
  • 2:30 – Manufacturing & ASICs: The company is 95% vertically integrated, with manufacturing facilities in Midland, TX, Barcelona, Spain, and Homestead, FL. A custom ASIC, developed with TSMC for approximately $45 million, enables up to 10,000 MHz processing and 120 Mbps peak data rates per satellite, expected in Block 2 BlueBirds during 2025.
  • 3:30 – Proven Milestones: BlueWalker 3 successfully demonstrated the first 2G voice call (April 2023), 4G LTE (June 2023), and 5G (Sept 2023). Two-way video calls using unmodified smartphones have been achieved, including the first in Europe (January 2025).
  • 4:15 – Deployment & Outlook: The first five Block 1 BlueBird satellites reached Low Earth Orbit (LEO) and are fully operational (September 2024). Production for 40 Block 2 satellites is underway, with launch capacity secured for over 60 satellites during 2025 and 2026. FCC Special Temporary Authorities (STAs) enable initial U.S. service, targeting approximately 100% nationwide coverage. Definitive agreements secure long-term access to 45 MHz of premium U.S. mid-band spectrum. Initial services with key MNOs and U.S. government contracts ($43M Space Development Agency, up to $20M Defense Innovation Unit) contribute to an expected $50-75 million revenue opportunity in the second half of 2025. The company has raised over $2 billion, with $874.5 million in cash.
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5 months ago
17 minutes 18 seconds

Asymmetric Deep Dives

Asymmetric Deep Dives plunges into the heart of the stock market, delivering comprehensive analyses that go far beyond surface-level information. Each episode is a forensic examination of a single stock, revealing its business model, financial health, competitive landscape, and the critical factors that could lead to disproportionate returns. Whether you're a seasoned investor or building your knowledge, prepare to gain a deeper, more nuanced understanding of the companies you're tracking.