Shares of AST SpaceMobile, Inc. (NASDAQ: ASTS) are soaring 5.15% in Tuesday's trading session, rebounding strongly from earlier pre-market losses. The satellite communications company's stock is rallying despite a Q1 revenue miss and the announcement of a significant stock offering, as investors focus on the company's optimistic revenue guidance for 2025.

During Monday's Q1 earnings call, AST SpaceMobile provided its first concrete revenue guidance, projecting between $50 million to $75 million for 2025, with the majority expected in the second half of the year. CFO Andrew Johnson stated, "Revenue is ramping on plan," citing progress in satellite deployments, gateway installations, and milestone payments under various agreements. This positive outlook seems to have overshadowed the company's Q1 revenue miss of $718,000, which fell short of consensus estimates by $3.13 million.

The stock's surge comes despite AST SpaceMobile's announcement of a $500 million Class A Common Stock offering. While such offerings typically lead to share price declines due to dilution concerns, investors appear to be focusing on the company's long-term potential in the direct-to-device satellite communication market. AST SpaceMobile's technology, which allows unmodified mobile devices to connect directly with its low Earth orbit satellites, targets over 3 billion potential users currently lacking cellular coverage. The company has already secured agreements with 45 mobile network operators worldwide, positioning itself for significant growth in the emerging space-based cellular broadband market.