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AST SpaceMobile secured an experimental license from the Federal Communications Commission on 2022-05-02 to test BlueWalker 3 services in Hawaii and Texas.
AST SpaceMobile is on track to complete a second manufacturing facility in Texas by the end of 2022 to enable ramping up to producing six satellites per month in 2023.
AST SpaceMobile has a contract with SpaceX to launch the first BlueBird in 2023 and a framework in that agreement for ordering additional launches until the end of 2024.
AST SpaceMobile spent more than $80,000,000 on the BlueWalker 3 program over several years.
AST SpaceMobile arranged a deal on 2022-05-06 to raise up to $75,000,000 by issuing and selling shares to B. Riley over the following 24 months at the company’s discretion.
AST SpaceMobile expects to have deployed 110 satellites by the end of 2024 to achieve substantial global mobile coverage.
AST SpaceMobile will start deploying operational BlueBird satellites in 2023 even if there is any complication with the BlueWalker 3 prototype.
AST SpaceMobile’s shares closed at $7.01 on 2022-05-16 and traded as high as $15.48 and as low as $4.84 over the prior 52-week period.
AST SpaceMobile will use BlueWalker 3 to configure ground equipment and software at the gateway level to optimize its planned services.
AST SpaceMobile and Lynk Global are developing satellite businesses to provide connectivity to smartphones and consumer devices.
AST acquired a controlling interest in NanoAvionics in 2018 as part of AST’s strategy to establish manufacturing capabilities in Europe and North America.
NASA Ames Research Center contracted AST for a 12U bus to carry NASA’s ACS3 payload into low Earth orbit.
Startups Lynk and AST SpaceMobile are developing satellite constellations that aim to provide connectivity directly to unmodified phones.
AST SpaceMobile, Inc. (NASDAQ: ASTS) received an experimental license from the Federal Communications Commission to support U.S.-based testing of the BlueWalker 3 satellite.
AST SpaceMobile signed a launch contract with SpaceX on 2022-03-08 that includes a milestone payment for its first operational BlueBird satellite slated to launch in 2023 and a reservation for an additional BlueBird mission.
AST SpaceMobile has secured market access licenses to provide commercial services in Nigeria and five other countries across Africa and Asia covering a population of about 360 million.
AST SpaceMobile planned to provide initial services with 20 satellites serving the equatorial region comprising 49 countries and 1.6 billion people.
BlueWalker 3 is a smaller version of AST SpaceMobile’s planned operational BlueBird satellites, which AST SpaceMobile is building in-house.
AST SpaceMobile secured an experimental license from the Federal Communications Commission on 2022-05-02 to test services in the United States from the BlueWalker 3 prototype satellite.
BlueWalker 1, AST SpaceMobile’s first in-house test satellite, was launched in April 2019 to validate the company’s satellite-to-cellular architecture using the 0.004 kg-LTE protocol.