newsycanuse

AST SpaceMobile reaches deal to bankroll Ligado’s Viasat settlement

Reaches

Illustration of an AST SpaceMobile BlueBird cell service satellite. Credit: AST SpaceMobile

Illustration of AST SpaceMobile BlueBird cell service satellites. Credit: AST SpaceMobile

TAMPA, Fla. — AST SpaceMobile has reached a deal enabling bankrupt satellite operator Ligado Networks to pay the more than $500 million it owes Viasat, in exchange for long-term access to L-band spectrum to boost its planned direct-to-smartphone services.

To continue reading this article:

Register now and get
3 free articles every month.

You’ll also receive our weekly SpaceNews This Week newsletter every Friday. Opt-out at any time.

Sign in to an existing account

Get unlimited access to
SpaceNews.com now.

Use code SNLAUNCH for 30% off your first payment.

Subscriptions renew automatically at full price. Cancel anytime. Sales tax may apply. No refunds. Only one discount code valid per subscription.

See all subscription options

Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,…


Read More

Latest

billion

Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event

0
For Zurich’s bankers and executives, May 27, 2015, began as a normal Wednesday—until Swiss police stormed the financial hub’s five-star Baur au Lac hotel and arrested seven top officials of FIFA, soccer’s global governing body, who were gathered there for their annual congress. The U.S. Department of Justice had unsealed a sprawling indictment alleging payment
DLUSD

Deel Launches DLUSD to Pay Workers in Dollars — No US Bank Needed

0
Two announcements from traditional financial powerhouses this week signal that stablecoins are becoming the plumbing of everyday finance. Getting Paid in Stablecoins Deel, the global payroll platform serving 40,000 businesses and 1.5 million workers across 150 countries, launched DLUSD on June 3, a custom USD-backed stablecoin...
Coinbase

Coinbase freezes $3M tied to Southeast Asia crypto fraud networks

0
Coinbase freezes $3M tied to Southeast Asia crypto fraud networks Latest News Published Jun 4, 2026 Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania. Crypto exchange Coinbase said it froze more than $3 million in cryptocurrency tied to a global
Morgan

Morgan Stanley sees major upside for Apple stock ahead of WWDC

0
Please enable JS and disable any ad blocker

Newsletter

Don't miss

billion

Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event

0
For Zurich’s bankers and executives, May 27, 2015, began as a normal Wednesday—until Swiss police stormed the financial hub’s five-star Baur au Lac hotel and arrested seven top officials of FIFA, soccer’s global governing body, who were gathered there for their annual congress. The U.S. Department of Justice had unsealed a sprawling indictment alleging payment
DLUSD

Deel Launches DLUSD to Pay Workers in Dollars — No US Bank Needed

0
Two announcements from traditional financial powerhouses this week signal that stablecoins are becoming the plumbing of everyday finance. Getting Paid in Stablecoins Deel, the global payroll platform serving 40,000 businesses and 1.5 million workers across 150 countries, launched DLUSD on June 3, a custom USD-backed stablecoin...
Coinbase

Coinbase freezes $3M tied to Southeast Asia crypto fraud networks

0
Coinbase freezes $3M tied to Southeast Asia crypto fraud networks Latest News Published Jun 4, 2026 Authorities around the world have been heavily targeting scam infrastructure this year, with joint actions involving the US, UAE, China, Austria and Albania. Crypto exchange Coinbase said it froze more than $3 million in cryptocurrency tied to a global
Morgan

Morgan Stanley sees major upside for Apple stock ahead of WWDC

0
Please enable JS and disable any ad blocker
Business

Why Your Business Could Lose More Than Its Founder If You’re Suddenly Incapacitated

0
If your business depends entirely on you for access to critical information, one emergency can put everything at risk. Here's how to build a continuity plan before that ever happens...
newsycanusehttps://newsycanuse.com

Jury acquits 2 business executives of bribing Navy admiral for government contract

A federal jury has acquitted two business executives of charges that they conspired to bribe a retired four-star U.S. Navy admiral, who is now serving a six-year prison sentence for his conviction on corruption charges By MICHAEL KUNZELMAN Associated Press WASHINGTON -- A federal jury has acquitted two business executives of charges that they conspired
Read more

US Business Leaders Optimistic About China Cooperation, Emphasize Importance of Chinese Market

© 2026 China Money Network. All Rights Reserved. Disclaimer: The views, opinions, forecasts, and statements made by our hosts and guests are the personal views of those respective individuals and may or may not be either endorsed or accepted by China Money Network Limited or the companies with which these individuals are employed.
Read more

Tesla’s Business Has Become Much More Diversified in Just the Past Five Years. Does That Make Its Stock a Better Buy Today?

Key Points Tesla's energy generation and storage segment generated 27% revenue growth last year. The company's non-automotive segments were able to help offset a double-digit decline in auto revenue in 2025. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) is known for its electric vehicles (EVs), and while they
Read more