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.
All verified mentions of this organization in source documents.
AST Space Mobile went public in April 2021 after completing its SPAC merger.
AST SpaceMobile’s merger with New Providence Acquisition Corp. raised around $462,000,000 for its cellphone-compatible broadband constellation.
AST SpaceMobile’s cellphone-compatible broadband constellation aims to launch phase one satellites by early 2023.
AST SpaceMobile raised about $462,000,000 through its SPAC deal to accelerate deployment of its constellation.
AST SpaceMobile is a Texas-based company developing a cellphone-compatible satellite broadband constellation.
AST SpaceMobile’s planned first phase of 20 production satellites would enable service to equatorial regions covering 1.6 billion people.
AST SpaceMobile plans to build and launch the first phase of 20 production satellites by early 2023.
AST SpaceMobile’s shares initially closed at $22.50 on 2021-02-09 and closed at $8.17 on 2021-05-03.
AST SpaceMobile’s shares started trading 2021-04-07 on Nasdaq after merging with New Providence Acquisition Corp.
AST SpaceMobile completed a SPAC deal in April 2021 that raised $460,000,000.
AST & Science received shareholder approval for a merger on 2021-04-01.
New Providence Acquisition Corp.’s stockholders approved a plan to merge with AST & Science on or about 2021-04-06.
Shareholders in New Providence Acquisition Corp. are scheduled to vote to approve a merger with AST SpaceMobile on 2021-04-01.
Momentus and AST & Science announced SPAC deals in late 2020.
New Providence Acquisition Corporation requested shareholders vote on 2021-03-12 on a three-month extension of its charter that is set to expire on 2021-03-15 so it can complete a merger with AST SpaceMobile.
New Providence expects to complete its merger with AST SpaceMobile in April 2021.
Momentus and AST SpaceMobile announced plans to merge with SPACs in the fall of 2020, and those deals had yet to close as of early 2021.
AST SpaceMobile, formerly AST&Science, is developing a constellation of satellites to provide cellular connectivity but has not yet launched any satellites.
AST SpaceMobile announced a December merger agreement with New Providence Acquisition Corp. that will take AST public and provide it with up to $462,000,000 in funding, and that merger has not yet closed.
The $230,000,000 PIPE is being led by AST SpaceMobile’s strategic partners including Vodafone, Rakuten, and American Tower, alongside UBS O’Connor and a broad base of financial institutions.