Verified facts grounded in source documentation.
AST SpaceMobile won a major contract from the U.S. government on 2024-02-08 to be supported by BlueWalker 3 and its next five commercial satellites.
AST SpaceMobile raised $417,000,000 in 2021 by merging with a special purpose acquisition company and listed on the Nasdaq stock exchange.
AST SpaceMobile aims to deploy commercial services in 2025 as the venture prepares to start producing follow-on spacecraft twice as big as its first five 1,500-kilogram BlueBird Block 1 satellites.
Most of the strategic investment announced 2025-01-18, totaling $110 million, is in the form of a debt instrument that pays interest to Google, AT&T, and Vodafone and could later be converted into shares in AST SpaceMobile.
AST SpaceMobile raised $417,000,000 by merging with a SPAC in 2021 and is seeking more funds.
AST SpaceMobile raised $417,000,000 from investors in April 2021 by merging with the SPAC New Providence Acquisition Corp.
AST SpaceMobile plans to deploy the first five BlueBird satellites at a 53-degree inclination in low Earth orbit.
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 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 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 will report earnings on 2023-11-14 and provide an update on its plans to enter the direct-to-device market.
AST SpaceMobile plans to launch five commercial BlueBird satellites in the first quarter of 2024.
An engineer using a Samsung Galaxy S22 near Hana, Hawaii connected with AST SpaceMobile's BlueWalker 3 on 2023-09-08 to converse with another engineer in Spain for almost two minutes.
AST SpaceMobile aims to launch five commercial BlueBird satellites in the first quarter of 2024.
AST SpaceMobile fully funded its first five commercial satellites slated to launch with SpaceX in early 2024 after raising $115,000,000 in debt.
AST SpaceMobile raised $64,000,000 by selling equity, including a $57,000,000 discounted share sale in June 2023.
AST SpaceMobile merged with a special purpose acquisition company that raised $417,000,000 and led the company to the Nasdaq stock exchange approximately two and a half years before August 2023.
AST SpaceMobile completed tests in June with its BlueWalker 3 prototype in LEO that achieved 0.004 kg LTE download speeds.
AST SpaceMobile raised around $417,000,000 through its initial public offering approximately a year and a half before the November share sale.
AST SpaceMobile plans to launch its first five commercial satellites, called Block 1, in the first quarter of 2024 on a SpaceX Falcon 9 rocket.