01:05 PM EDT, 03/12/2024 (MT Newswires) -- AST SpaceMobile ( ASTS ) said Tuesday that it has updated its constellation filing with the International Telecommunication Union and related filings for its V-Band application with the Federal Communications Commission.

The filings would place its planned commercial satellites under the US jurisdiction, the company said.

"Our planned satellite network will provide services globally, but this initiative represents a closer strategic alignment of our network buildout and future network operations with the United States," said Chief Strategy Officer Scott Wisniewski.

The company's shares were down more than 3% in recent trading.

Price: 2.94, Change: -0.11, Percent Change: -3.64