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  "documentTitle": "AST SpaceMobile, Inc. (ASTS)",
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      "text": "In thinking about the true value or competitive protection afforded by these MOUs... \"sales pipelines\" based on conversations with potential customers.",
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      "text": "The only firm commercial agreement we are aware of with an established 50/50 revenue share is with Vodafone... That doesn't sound \"locked up\" to us.",
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      "text": "SpaceX and AST both require regulatory approval to access and repurpose terrestrial spectrum... Apple has agreed to pay 95% of the cost to replace Globalstar's fleet with 17 new satellites by the end of 2025.",
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