← SerenityRakuten and AST SpaceMobile (ASTS) form a joint venture to build LEO satellite networks in
Rakuten and AST SpaceMobile (ASTS) form a joint venture to build LEO satellite networks in Japan, seen as a strategic response to SpaceX's Starlink (SPCX) growing influence.
“Japan's Rakuten to establish joint venture with $ASTS to build out LEO satellite networks for Japan per Digitimes/Nikkei.
"The move is widely viewed as a strategic response to the growing influence of $SPCX Starlink in Japan" https://t.co/RDFvgQNVsp”
Original post：X / @aleabitoreddit ↗Related stocks
Partnership with Rakuten to build LEO satellite networks in Japan expands ASTS's market reach and validates its technology.
Trade ↗The joint venture is a strategic response to Starlink's growing influence, potentially increasing competition for SPCX in Japan.
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