That $175 million prepayment is pretty significant for helping AST cash flow while they get the constellation built out. The Saudi market makes a lot of sense geographicly with all that desert terrain where terrestrial towers are impractical. Building three ground gateways and a NOC in Riyadh shows real commitmant from both sides to make this work longterm. Interesting that Q4 2026 is the target for services given where they are with satellite deployment.
That $175 million prepayment is pretty significant for helping AST cash flow while they get the constellation built out. The Saudi market makes a lot of sense geographicly with all that desert terrain where terrestrial towers are impractical. Building three ground gateways and a NOC in Riyadh shows real commitmant from both sides to make this work longterm. Interesting that Q4 2026 is the target for services given where they are with satellite deployment.