NEW YORK, Jan 16, 2026, 16:39 EST — After-hours
- Shares of AST SpaceMobile jumped in after-hours trading following the company’s announcement of its involvement in the Missile Defense Agency’s SHIELD program.
- SHIELD is a multi-award contract vehicle linked to the Pentagon’s “Golden Dome” initiative; it doesn’t assure immediate revenue.
- U.S. markets will be closed Monday in observance of the MLK holiday, with trading set to resume Tuesday.
Shares of AST SpaceMobile surged roughly 14% in after-hours Friday, closing at $115.77. The satellite-to-phone company announced it secured a key spot on a U.S. missile-defense contracting program.
The significance lies in SHIELD being a contract vehicle that allows the Missile Defense Agency and other defense entities to issue task orders over time. For a company still expanding its network, landing on this list can shift the focus quickly — from consumer connectivity to defense projects.
The Missile Defense Agency announced Thursday it has handed out 340 additional awards under SHIELD, a multiple-award indefinite-delivery/indefinite-quantity contract capped at $151 billion. No funds were obligated at the base-award stage, and the contract could extend through December 2035 if all options are tapped, the agency said. (War)
AST’s shares hit $120.72 early Friday, then pulled back. Trading saw a broad range and heavy volume throughout the session.
AST, headquartered in Midland, Texas, said the SHIELD contract confirms its “dual-use” on-orbit tech for communications and beyond. Chief Commercial Officer Chris Ivory called the prime contract award from the MDA’s SHIELD program “a major validation.” (Business Wire)
The company is developing a low-Earth-orbit satellite network aimed at linking directly to regular smartphones. This places it in a competitive field alongside SpaceX’s Starlink and Amazon’s Project Kuiper, among others. (Barron’s)
AST has maintained that its low-orbit setup targets government applications like command-and-control links and sensing, beyond just consumer services. The company highlights its satellites’ large phased-array antennas, which steer signals electronically instead of relying on mechanical movement.
However, holding a spot on an IDIQ vehicle doesn’t guarantee funded projects. With thousands vying for task orders, progress can drag, and most of the money often goes to others.
The rally has driven the stock close to the top of its 52-week range, highlighting just how fast sentiment can flip when fresh news hits a sparse fact base. (MarketWatch)
U.S. stock and options markets will be closed Monday, Jan. 19, in observance of Martin Luther King Jr. Day. Trading picks back up Tuesday, Jan. 20. Investors will be looking closely for any indication that SHIELD task orders are kicking in—and if AST can convert eligibility into confirmed awards. (Nasdaqtrader)
