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AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year.

This deal aims to bring direct-to-service connection via space to cell phone users "when needed" on Verizon plans , according to AST. It marks an expansion of a partnership between the two companies announced last year.

AST shares climbed around 12% in midday trading on Wednesday. The volatile space stock had surged more than 250% in 2025 before the deal was announced.

Verizon shares ticked lower.

"Through our definitive commercial agreement with Verizon, we are working to deliver space-based cellular broadband coverage from space across the continental United States," Abel Av

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