Defiance ETFs has rolled out a new way for traders to make amplified bullish bets on the fast-rising satellite broadband and space connectivity company, AST SpaceMobile, Inc (NASDAQ:ASTS).

The Defiance ETFs Daily Target 2X Long ASTS ETF (BATS:ASTY) seeks to deliver 2 times the daily percentage move in AST SpaceMobile shares, making it a tactical product intended for short-term trading rather than long-term holding.

AST SpaceMobile is developing a space-based cellular broadband network designed to connect standard mobile phones directly to satellites without requiring specialized hardware — a technology that could reshape connectivity across telecom, aviation, and defense markets.

The Midland, Texas-based company has increasingly drawn investor attention as the race to build satellite-powered communication networks intensifies alongside rising interest in the broader space economy.

Key Features Of ASTY

  • ASTY seeks daily investment results equal to 200% of the daily percentage change in AST SpaceMobile stock before fees and expenses.
  • Defiance designed the fund for active traders seeking short-term bullish exposure to ASTS shares.
  • The ETF does not aim to achieve its investment objective for periods longer than a single trading day.
  • AST SpaceMobile is developing a space-based cellular broadband network capable of connecting standard mobile phones directly to satellites.
  • The company's technology targets connectivity opportunities across the aviation, defense, and telecommunications sectors.
  • AST SpaceMobile is classified within the Diversified Telecommunication Services industry. It trades on the Nasdaq Stock Market under the ticker ASTS.

ASTS’ shares have surged in recent months amid optimism around its satellite-to-cellular broadband ambitions and upcoming commercial milestones. The stock was up 7.4% Thursday, at the time of publishing.

ASTY joins a growing lineup of high-volatility thematic ETFs targeting companies linked to AI, semiconductors, and next-generation connectivity.

The launch coincides with another leveraged ETF launch tied to AST Spacemobile by Rex Shares jointly with Tuttle Capital. The T-REX 2X Long ASTS Daily Target ETF (BATS:ASUP) was launched seeking to deliver 200% of the daily performance of AST SpaceMobile stock.

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