TAMPA, Fla. — AST SpaceMobile expects Blue Origin’s recent launchpad explosion will delay its direct-to-smartphone constellation by three to six months, investment bank William Blair said in an equity research note, pushing initial commercial services into the first half of 2027.

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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,...