New Space Startups Face Market Realities

June 20, 2022
AST SpaceMobile’s BlueWalker 3 test satellite
AST SpaceMobile’s BlueWalker 3 test satellite should launch in August, but the company needs a lot more money to build its operational constellation.
Credit: AST SpaceMobile
For commercial new space upstarts, it is time to put the coffee down. “Coffee is for closers only,” the character Blake scolded a room of tired salesmen in the award-winning 1992 film “Glengarry Glen Ross.” The famous movie scene, centered on actor Alec Baldwin’s iconic performance, has been...

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