BW3

AST SpaceMobile, Inc. Announces Pricing of Upsized Offering of Class A Common Stock

Retrieved on: 
Wednesday, June 28, 2023

AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing and upsizing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in an underwritten public offering.

Key Points: 
  • AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the pricing and upsizing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in an underwritten public offering.
  • The Company has agreed to sell 12,500,000 shares of Class A Common Stock for gross proceeds of approximately $59.4 million.
  • The offering is expected to close on June 30, 2023, subject to customary closing conditions.
  • The Company has granted the underwriter a 30-day option to purchase up to an additional 1,875,000 shares of Class A common stock.

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

Retrieved on: 
Tuesday, June 27, 2023

AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in an underwritten public offering.

Key Points: 
  • AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), in an underwritten public offering.
  • The Company will grant the underwriter a 30-day option to purchase up to an additional 1,800,000 shares of Class A common stock.
  • Barclays is acting as sole book-running manager and underwriter for the offering.
  • The offering of these securities will be made only by means of a prospectus supplement and the accompanying prospectus.

AST SpaceMobile Provides First Quarter 2023 Business Update

Retrieved on: 
Monday, May 15, 2023

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, is providing its business update for the three months ended March 31, 2023.

Key Points: 
  • AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, is providing its business update for the three months ended March 31, 2023.
  • “AST SpaceMobile is making history,” said Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile.
  • The call will be accessible via a live webcast on the Events page of AST SpaceMobile’s Investor Relations website at https://ast-science.com/investors/ .
  • An archive of the webcast will be available shortly after the call.

AST SpaceMobile Makes History in Cellular Connectivity, Completing the First-Ever Space-Based Voice Call Using Everyday Unmodified Smartphones

Retrieved on: 
Tuesday, April 25, 2023

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 announced the successful completion of the first-ever two-way voice calls, directly to everyday unmodified smartphones using the BlueWalker 3 (“BW3”) satellite.

Key Points: 
  • 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 announced the successful completion of the first-ever two-way voice calls, directly to everyday unmodified smartphones using the BlueWalker 3 (“BW3”) satellite.
  • The first voice call was made from the Midland, Texas area to Rakuten in Japan over AT&T spectrum using a Samsung Galaxy S22 smartphone.
  • Engineers from Vodafone, Rakuten and AT&T participated in the preparation and testing of the first voice calls with BW3.
  • AST SpaceMobile has over 2,600 patent and patent-pending claims for its technology and built state-of-the-art facilities in Midland, Texas that collectively span 185,000 square feet.

AST SpaceMobile and NASA Sign Joint Agreement to Improve Spaceflight Safety

Retrieved on: 
Thursday, December 15, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221215006028/en/
    AST SpaceMobile and NASA sign Space Act Agreement (Photo: BusinessWire)
    The Space Act Agreement formalizes the prompt, detailed, and open sharing of information between AST SpaceMobile and NASA, enabling a deeper level of coordination, cooperation, and data sharing, defining the arrangement, responsibilities, and procedures for flight safety coordination.
  • We are committed to using advanced technologies and best practices to protect this vital resource, said Raymond Sedwick, Chief Scientist of Space Systems at AST SpaceMobile.
  • This agreement formalizes a commitment between AST SpaceMobile and NASA to share information and help safeguard low Earth orbit.
  • AST SpaceMobile will collaborate with NASAs Conjunction Assessment Risk Analysis program to generate better flight safety preparedness and practices using a Conjunction Assessment process.

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

Retrieved on: 
Wednesday, December 14, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221213005989/en/
    AST SpaceMobile, Inc., provided today an operational update on the BlueWalker 3 (BW3), Block 1 BlueBird and next-generation BlueBird programs.
  • AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio.
  • AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
  • AST SpaceMobiles securities filings can be accessed on the EDGAR section of the SECs website at www.sec.gov .

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

Retrieved on: 
Friday, December 2, 2022

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.

Key Points: 
  • 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.
  • (Photo: Business Wire)
    We are pleased to announce this successful capital raise as we continue executing on our mission of connecting the unconnected, said Sean Wallace, Chief Financial Officer of AST SpaceMobile.
  • We were excited to see the demand for this offering, which allowed us to upsize the offering from $65 million.
  • AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made.

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

Retrieved on: 
Monday, November 14, 2022

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.

Key Points: 
  • 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.
  • (Photo: Business Wire)
    BW3 is the largest-ever commercial communications array deployed in low Earth orbit and is designed to communicate directly with cellular devices via 3GPP standard frequencies at 5G speeds.
  • The satellite is expected to have a field of view of over 300,000 square miles on the surface of the Earth.
  • AST SpaceMobile has a portfolio of more than 2,400 patent and patent-pending claims supporting its space-based cellular broadband technology.

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

Retrieved on: 
Wednesday, October 26, 2022

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.

Key Points: 
  • 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.
  • The preliminary estimated financial results are management estimates based on currently available information and subject to completion of financial closing procedures as of and for the three months ended September 30, 2022.
  • Our independent registered public accounting firm, KPMG LLP, has not reviewed or performed any procedures with respect to these preliminary estimated financial results.
  • We launched the BlueWalker 3 (BW3) test satellite into orbit on September 10, 2022 from Cape Canaveral, Florida.

AST SpaceMobile Confirms Successful Launch of BlueWalker 3 Into Orbit

Retrieved on: 
Wednesday, September 14, 2022

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, has confirmed the successful placement of BlueWalker 3 into space.

Key Points: 
  • 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, has confirmed the successful placement of BlueWalker 3 into space.
  • View the full release here: https://www.businesswire.com/news/home/20220913006326/en/
    AST SpaceMobile has confirmed the successful placement of BlueWalker 3 into space.
  • "BlueWalker 3 is on course and securely circling the earth," said Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile.
  • AST SpaceMobile broadcasted live from launch pad 39A before lifting off, interviewing key partners from American Tower, Vodafone Group and Nokia.