AST SpaceMobile Joins U.S. Large-Cap Russell 1000 Index, Solidifying Leadership in Space-Based Connectivity

AST SpaceMobile (ASTS) has been selected for inclusion in the U.S. large-cap Russell 1000(R) Index, a key benchmark tracking the largest 1,000 U.S. companies by market capitalization. The company's membership in this index will become effective after the market closes on June 27 as part of the annual Russell index reconstitution.

This milestone acknowledges AST SpaceMobile's expanding position as it works to bring cellular broadband connectivity directly to standard mobile devices worldwide. The company has developed the first and only space-based cellular broadband network that can connect directly with everyday smartphones, a capability that could reshape connectivity for billions who remain underserved or entirely unconnected.

The Russell 1000(R) Index is widely used by investment managers and institutional investors as a benchmark for index funds and active investment strategies. It is part of the larger Russell 3000(R) Index family and is managed by FTSE Russell, which tracks about $10.6 trillion in assets benchmarked to its indexes.

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COMTEX_466256201/2927/2025-06-10T14:02:13