AST SpaceMobile

AST SpaceMobile is a publicly traded satellite designer and manufacturer headquartered in Midland, Texas, focused on building a space-based cellular broadband network. Their SpaceMobile network aims to connect directly to standard, unmodified smartphones via their constellation of low Earth orbit satellites, like the BlueBird series. AST SpaceMobile partners with mobile network operators like AT&T, Verizon, and Vodafone to expand cellular coverage and provide connectivity in underserved areas, also securing contracts with the U.S. government for secure and reliable connectivity.

commercialFounded 2017

Midland, Texas, United States

ast-science.com/

Admin Edit

All verified mentions of this organization in source documents.

AST SpaceMobile plans to deliver its first five commercial satellites to Cape Canaveral in July or August for a SpaceX Falcon 9 launch to low Earth orbit.

PlanGeneralValue 4.0May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile received a $155,000,000 strategic investment in January from AT&T, Vodafone, Google, and other investors.

FinancialRelationshipsValue 5.0May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile recorded $500,000 in revenue for the three months ending 2024-03-31, marking its first commercial revenue from the constellation.

FinancialGeneralValue 4.5May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile received three non-binding letters of interest for export credit agency funding to help deploy up to 45 satellites by the end of 2026.

PlanFinancialGrowthLegalValue 4.0May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile shares closed at $4.03 on 2024-05-16 after rising more than 68% when the company disclosed a revenue-sharing deal with AT&T.

RelationshipsFinancialValue 4.0May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile recorded $31,100,000 in adjusted operating expenses for the first quarter of 2024.

FinancialGeneralValue 4.0May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile raised $417,000,000 in 2021 through a merger with a special purpose acquisition company (SPAC).

FinancialRelationshipsValue 4.5May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AST SpaceMobile reported having $212,400,000 in cash reserves and $51,500,000 available under a debt facility as of 2024-03-31.

FinancialValue 4.6May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AT&T agreed to provide $20,000,000 in January as part of its relationship with AST SpaceMobile and the agreement did not include additional prepayment revenue beyond that $20,000,000.

RelationshipsFinancialValue 4.0May 16, 2024Government revenue and AT&T direct-to-smartphone agreement lift AST SpaceMobile

AT&T will continue working directly with AST SpaceMobile on developing, testing, and troubleshooting technology to help enable continental U.S. satellite coverage.

RelationshipsCapabilityValue 3.8May 15, 2024AT&T + AST SpaceMobile announce definitive commercial agreement

AT&T and AST SpaceMobile have been collaborating on space-based direct-to-mobile connectivity since 2018.

RelationshipsValue 3.8May 15, 2024AT&T + AST SpaceMobile announce definitive commercial agreement

AT&T and AST SpaceMobile previously collaborated under a Memorandum of Understanding before signing the definitive commercial agreement.

RelationshipsValue 3.0May 15, 2024AT&T + AST SpaceMobile announce definitive commercial agreement

The SPAC merger raised around $417,000,000 for AST SpaceMobile.

FinancialValue 4.0Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

AST SpaceMobile's planned launch of its first Block 1 BlueBird satellites slipped from 2023 to the first quarter of 2024, then to the second quarter, and the satellites are not due to arrive at their launch site until July or August.

PlanGrowthValue 4.0Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

AST SpaceMobile said its first six commercial satellites have been fully funded following an investment earlier 2024 from companies including AT&T.

RelationshipsFinancialValue 4.2Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

AST SpaceMobile received three non-binding letters of interest for export credit agency funding as it aims to deploy up to 45 satellites by the end of 2026.

FinancialPlanValue 4.2Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

AST SpaceMobile began trading on Nasdaq in 2021 by merging with a special purpose acquisition company (SPAC).

RelationshipsFinancialValue 4.0Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

AST SpaceMobile secured a contract to launch its first Block 2 BlueBird satellite between December and March.

RelationshipsPlanValue 4.0Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

AST SpaceMobile's shares fell more than 23% the day after the 2024-04-01 disclosure to $2.01.

FinancialValue 4.0Apr 2, 2024Latest satellite production delay sends AST SpaceMobile stock plummeting

Total Adjusted operating expenses for AST SpaceMobile for the fourth quarter of 2023 were $38,600,000.

FinancialValue 4.0Apr 1, 2024AST SpaceMobile provides business update + Q4 + full 7ear 2023 results

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