AST SpaceMobile shares were falling on Monday morning after a satellite launched by Blue Origin was seen as a failure, which could be a setback for the company’s plans to offer satellite-internet services.

The launch of AST SpaceMobile’s seventh full-size mobile-broadband satellite—its first on Blue Origin’s New Glenn rocket—started better than it ended on Sunday morning, when that heavy-lift vehicle’s upper stage left AST’s spacecraft in an orbit too low for it to stay in space.

AST SpaceMobile stock is in focus after a satellite carried by a Blue Origin rocket was put into an incorrect position on Sunday.

Key Takeaways Blue Origin's first commercial launch on Sunday experienced setbacks, and ended with the satellite it was carrying at too low of an orbit.Shares of the satellite's operator, AST SpaceMobile,

Jeff Bezos’ rocket company Blue Origin is blaming a bad engine for a failed launch that left a satellite in the wrong orbit, dooming it

The reusable booster of the New Glenn rocket launched from ⁠Florida ⁠on Sunday by Jeff Bezos' company Blue Origin ⁠touched down successfully but the rocket failed to deploy the AST SpaceMobile communications satellite it was carrying into the ​correct orbit.

The New Glenn 3 rocket was intended to place a satellite into Earth's orbit, but instead deployed it at an altitude too low to function properly.

Blue Origin successfully launched its New Glenn rocket and landed its booster stage, but it delivered a satellite into an orbit too low to be useful.