AST SpaceMobile

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

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AST SpaceMobile excels in Q4, eyes global 5G connectivity

AST SpaceMobile's Q4 earnings call highlighted strong performance, technological strengths, regulatory challenges, and growth opportunities.
The company's focus on global cellular broadband network in space and achieving 5G speeds positions it as a key player in the evolving telecommunications landscape.
With a solid financial position, innovative technology, and strategic market positioning, AST SpaceMobile is poised for future growth and market leadership.

AST SpaceMobile validates technology milestone and progresses satellite production

AST SpaceMobile's Q1 2023 earnings call highlighted significant achievements in technology validation and satellite production progress.
While facing challenges in regulatory compliance and operational execution, the company remains well-positioned to capitalize on growth opportunities.
Management's focus on gratitude and investor relations underscores a commitment to sustainable growth and stakeholder value creation.

AST SpaceMobile advances in 5G testing and strategic partnerships

AST SpaceMobile's Q3 earnings call showcased progress in key areas, strategic partnerships, and financial management. The company faces challenges in competitive landscape and regulatory developments but has opportunities in differentiation and market reach.

AST SpaceMobile reports strong earnings, eyes growth through partnerships

AST SpaceMobile's Q4 2023 earnings call highlighted strong financial performance, strategic partnerships, and progress on satellite launches and custom ASIC development. While facing manufacturing challenges and increased expenses, the company is focused on securing the supply chain and raising capital strategically. Opportunities for growth lie in new contracts, regulatory advancements, and collaborations with key industry players.

AST SpaceMobile secures AT&T deal, poised for growth in space broadband

AST SpaceMobile's Q1 2024 performance reflects strong progress in commercial agreements, satellite development, and financial management, positioning the company for growth.
While facing challenges in expense management and technical development, ASTS's strategic strengths and market opportunities offer a positive outlook for future expansion and success.
By capitalizing on partnerships, regulatory progress, and market demand, ASTS is poised to navigate challenges and drive innovation in the space-based broadband sector.

AST SpaceMobile reports robust Q3 performance and eyes growth

AST SpaceMobile's Q3 performance reflects strong progress in satellite launches, partnerships, and financial stability.
While facing challenges in production timelines and network rollout, the company is well-positioned to capitalize on growth opportunities.
Strategic government contracts, commercial agreements, and technological advancements position AST SpaceMobile for a promising future.

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MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced the signing of a non-binding memorandum of understanding (“MoU”) with TIM (BVFM: TIMS3), one of Brazil's leading mobile network operators, with the aim of increasing the scope of cellular connectivity and bringing space-based coverage to Brazil.

AST SpaceMobile Announces Collaboration with TIM

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MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that its subsidiary, AST & Science, LLC, and NASA recently signed an agreement to formalize both organizations' dedication to maintaining and improving safety in the shared environment of space.

AST SpaceMobile and NASA Sign Joint Agreement to Improve Spaceflight Safety

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MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, provides an operational update on the BlueWalker 3 (BW3), Block 1 BlueBird and next-generation BlueBird programs.

AST SpaceMobile's Bluewalker 3 on Target to Deliver the First and Only Space-Based Cellular Broadband

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Starry-Eyed Investors Should Be Cautious About AST SpaceMobile

MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS) is pleased to announce the closing of its offering of 13,636,364 shares of Class A Common Stock raising gross proceeds of $75.0 million. B. Riley Securities (“B. Riley”) was the sole book-running manager of the offering. The Company has also granted B. Riley a 30-day option to purchase an additional 2,045,454 shares to cover over-allotments, if any, which would raise an additional $11.25 million in gross proceeds for AST SpaceMobile if exercised.

AST SpaceMobile Announces Closing of Its Capital Raise of $75 Million and Welcomes New Stockholders

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AST SpaceMobile (NASDAQ: ASTS ) stock is tumbling 13% after the company announced that it would sell 13.6 million additional shares of its stock for $5.50 per share. AST's stock closed yesterday at $6.34.

Why Is AST SpaceMobile (ASTS) Stock Down 13% Today?

MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Company has agreed to sell 13,636,364 shares of Class A Common Stock at a price to the public of $5.50 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 2,045,454 shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions, solely to cover over-allotments, if any. The gross proceeds to the Company from the offering, before deducting underwriting discounts, commissions and other offering expenses, will be approximately $75.0 million ($86.25 million if the underwriter exercises its option to purchase additional shares in full). The Company intends to use the net proceeds of the offering for general corporate purposes.

AST SpaceMobile, Inc. Announces Pricing of Upsized $75,000,000 Public Offering of Class A Common Stock

MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of $65,000,000 of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”). The Company will grant the underwriter a 30-day option to purchase up to an additional $9,750,000 of shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions, solely to cover over-allotments, if any. The Company intends to use the net proceeds of the offering for general corporate purposes.

AST SpaceMobile, Inc. Announces Launch of Offering of $65,000,000 of Class A Common Stock

By successfully deploying the full BlueWalker 3 array in its targeted orbit, AST has substantially de-risked its hardware. The company's next steps involve further de-risking its operations and improving its manufacturing capacity.

AST SpaceMobile: Steady Progress Towards Commercialization

AST SpaceMobile, Inc. (NASDAQ:ASTS ) Q3 2022 Results Conference Call November 14, 2022 5:00 PM ET Company Participants Scott Wisniewski - CSO Abel Avellan - Chairman, CEO Sean Wallace - CFO Conference Call Participants Bryan Kraft - Deutsche Bank Caleb Henry - Quilty Analytics Griffin Boss - B. Riley Operator Good day, and thank you for standing by.

AST SpaceMobile, Inc. (ASTS) Q3 2022 Earnings Call Transcript

MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today is providing its business update for the third quarter ended September 30, 2022.

AST SpaceMobile Provides Third Quarter 2022 Business Update

AST SpaceMobile (NASDAQ: ASTS ) stock is a hot topic on Monday as investors react to the company successfully setting up its BlueWalker 3 satellite array. This satellite array offers up direct connections to cell phones via 3GPP standard frequencies.

Why Is AST SpaceMobile (ASTS) Moving Today?

Satellite-to-smartphone connectivity venture AST SpaceMobile announced that the wide antenna of its recently launched test satellite deployed successfully.

AST SpaceMobile stock jumps after company hits key milestone toward satellite-to-smartphone 5G service

MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, announced today that it had successfully completed deployment of the communications array for its test satellite, BlueWalker 3 (“BW3”), in orbit.

AST SpaceMobile Deploys Largest-Ever Commercial Communications Array in Low Earth Orbit

MIDLAND, Texas--( BUSINESS WIRE )--AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced it will hold a quarterly business update conference call on Monday, November 14 at 5:00 p.m. (Eastern Time).

AST SpaceMobile to Provide Quarterly Business Update on November 14, 2022

AST SpaceMobile Inc (NASDAQ: ASTS) saw its share price increase by more than 10% when the stock market closed on Monday, November 7.

AST SpaceMobile jumps over 10% on multiple factors; Is ASTS stock a smart buy?

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MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #mobile--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, is providing its preliminary estimated financial results for the third quarter ended September 30, 2022.

AST SpaceMobile Provides Preliminary Financial Results for Third Quarter 2022 and Update on BlueWalker 3 Test Satellite

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News for AST SpaceMobile Stock (ASTS)