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SpaceX rival AST SpaceMobile's big contract, Rocket Lab upgraded
Yahoo Finance anchor Josh Lipton tracks Friday's top moving stocks and biggest market stories in this Market Minute. Shares of AST SpaceMobile (ASTS), rival of SpaceX (SPAX.PVT), are climbing after the company announced it will be working with the US Missile Defense Agency Shield program. Rocket Lab (RKLB) was upgraded to Overweight from Equal Weight by Morgan Stanley analysts. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Jan 16, 2026 - $ASTS
AST SpaceMobile Awarded Prime Contract Position on U.S. Missile Defense Agency SHIELD Program
MIDLAND, Texas, January 16, 2026--AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that it was awarded a contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract. This contract encompasses Jan 16, 2026 - $ASTS
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