All verified mentions of this organization in source documents.
AST SpaceMobile raised $417,000,000 from investors in April 2021 by merging with the SPAC New Providence Acquisition Corp.
AST SpaceMobile is in talks to fund additional commercial satellites that would be 50% larger than the first batch to improve performance.
AST SpaceMobile reported $135,700,000 in cash as of 2023-09-30 following its additional fundraising.
AST SpaceMobile is spending $5,000,000 more on its first commercial direct-to-smartphone satellites so SpaceX can launch them early next year to a different orbital inclination.
AST SpaceMobile’s CEO Abel Avellan has stated that around 90 BlueBirds are needed in low Earth orbit for the company’s planned 0.005 kg broadband service that includes voice and data capabilities.
AST SpaceMobile raised an additional $64,000,000 by selling shares prior to the 2023-08-14 debt raise.
AST SpaceMobile expects the first batch of five fully funded BlueBirds to launch on a SpaceX Falcon 9 rocket in the first three months of 2024.
AST SpaceMobile stated in a regulatory filing that 20 BlueBirds would be needed to cover the most commercially attractive mobile network operator markets and that rolling them out would require between $550,000,000 and $650,000,000.
AST SpaceMobile plans to deploy the first five BlueBird satellites at a 53-degree inclination in low Earth orbit.
AST SpaceMobile builds its satellites in-house, including the BlueWalker 3 prototype launched in September 2022 with a 64-square-meter antenna.
AST SpaceMobile announced on 2023-08-14 that it had raised $115,000,000 in debt to fully fund the first five BlueBirds.
AST SpaceMobile expects to spend a total $115,000,000 on the first five BlueBird satellites, including manufacturing, launch, and other costs.
AST SpaceMobile achieved download rates of around 14 megabits per second during 0.005 kg tests with a smartphone using BlueWalker 3 in September 2022.
AST SpaceMobile started trading shares on Nasdaq in April 2021 after merging with New Providence Acquisition Corp.
The FAA requested $19,800,000,000 for fiscal year 2024, of which $42,000,000 was requested for AST.
The FAA’s Office of Commercial Space Transportation (AST) received nearly $37,600,000 in fiscal year 2023.
AST SpaceMobile will report earnings on 2023-11-14 and provide an update on its plans to enter the direct-to-device market.
AST SpaceMobile and Lynk Global are developing satellite constellations to provide direct-to-cell services.
SpaceX supports providing additional resources to the FAA's Office of Commercial Space Transportation (AST).
Gerstenmaier warned that AST’s workload over the next 12-24 months could lead to the grounding of U.S. space launch capability if immediate action is not taken.