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Cadence Design Systems, AST SpaceMobile Collaborate on Broadband From Space

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00:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Cadence Design Systems (CDNS) is collaborating on AST SpaceMobile's (ASTS) space-based cellular broadband network to fill in coverage gaps in areas without reliable internet.</p><p>The companies developed a special low-power chip AST5000 ASIC, which is essential to improve satellite processing power for AST's new BlueBird program.</p><p>Cadence's Palladium Emulation Platform was used to test and improve the chip design before manufacturing, the companies said Tuesday in a statement.</p><p>AST plans to use the new chips to provide each larger satellite with the bandwidth and data speeds to support voice calls, videos and data on the space-based network.</p><p>Cadence shares dropped 0.3% in recent Tuesday trading, and AST fell 1.2%</p><p>Price: 309.22, Change: -1.06, Percent Change: 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