All verified mentions of this organization in source documents.
AST SpaceMobile raised around $417,000,000 in April 2021 when it became a public company through a merger with a special purpose acquisition company (SPAC).
AST SpaceMobile reduced the Block 1 satellites to be 50% smaller than originally planned to speed up development.
AST SpaceMobile plans to announce the results of its BlueWalker-3 tests at a future date in conjunction with MNO partners.
AST SpaceMobile’s total operating expenses increased by $61,300,000 to $152,900,000 for 2022, compared with $91,600,000 for 2021.
AST SpaceMobile reported that the cost for each Block 2 satellite increased by about 14% to $16,000,000 in August 2022 due to inflation and rising supply chain prices.
AST SpaceMobile recorded $239,300,000 in cash reserves at the end of 2022.
AST SpaceMobile needs to raise between $550,000,000 and $650,000,000 to develop, build, and launch all 20 Block 2 satellites.
AST SpaceMobile has enough cash to fund the Block 1 satellites, which are estimated to cost between $100,000,000 and $110,000,000 in total, and to fund operations over the next 12 months.
AST SpaceMobile is actively negotiating with several launch providers to begin deploying 20 full-sized BlueBird satellites in Block 2 later in 2024.
BlueWalker-3 validated AST SpaceMobile’s network architecture and demonstrated the ability to deliver 0.004 kg and 0.005 kg speeds, although testing is not yet complete.
AST SpaceMobile reported in March 2023 that costs had risen to between $16,000,000 and $18,000,000 per Block 2 satellite.
AT&T has partnered with the satellite direct-to-device startup AST SpaceMobile.
The proposed FCC framework would establish ground rules for SpaceX, AST SpaceMobile, Lynk Global, and other satellite companies seeking permission to provide direct-to-device services using spectrum from terrestrial mobile partners.
AST SpaceMobile’s network is being designed to offer potential solutions for network resiliency, 0.004 kg/0.005 kg competitiveness, and Positioning, Navigation and Timing (PNT).
Lynk Global and AST SpaceMobile are developing satellite constellations from scratch to enter the direct-to-device market.
Lynk Global and AST SpaceMobile pursue a direct-to-cell strategy to provide smartphone connectivity via satellites.
AST SpaceMobile and Zain KSA signed a non-binding memorandum of understanding at the LEAP 2023 Tech Conference in Riyadh.
AST SpaceMobile’s efforts to expand space-based cellular broadband include partnerships with Rakuten Mobile, Vodafone Group, American Tower, and AT&T.
The memorandum of understanding with TIM would support testing of AST SpaceMobile’s space-based technologies for providing 0.004 kg data and voice services in Brazil.
Space firms that went public through SPAC deals include Astra, Virgin Orbit, Rocket Lab, BlackSky, Spire, AST SpaceMobile, Satellogic, Planet, Terran Orbital, Virgin Galactic, Redwire, and Momentus.