ASTS

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of AST SpaceMobile, Inc. (ASTS) on Behalf of Investors

Retrieved on: 
Friday, April 5, 2024

Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of AST SpaceMobile, Inc. (“AST” or the “Company”) (NASDAQ: ASTS ) investors concerning the Company’s possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of AST SpaceMobile, Inc. (“AST” or the “Company”) (NASDAQ: ASTS ) investors concerning the Company’s possible violations of the federal securities laws.
  • On April 1, 2024, AST disclosed that it was delaying the launch of five Block 1 BlueBird satellites due to supplier delays.
  • On this news, AST’s stock price fell $0.62, or 23.6%, to close at $2.01 per share on April 2, 2024, thereby injuring investors.
  • Whistleblower Notice: Persons with non-public information regarding AST should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of AST SpaceMobile, Inc. (ASTS) on Behalf of Investors

Retrieved on: 
Friday, April 5, 2024

Law Offices of Howard G. Smith announces an investigation on behalf of AST SpaceMobile, Inc. (“AST” or the “Company”) (NASDAQ: ASTS ) investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • Law Offices of Howard G. Smith announces an investigation on behalf of AST SpaceMobile, Inc. (“AST” or the “Company”) (NASDAQ: ASTS ) investors concerning the Company’s possible violations of federal securities laws.
  • On April 1, 2024, AST disclosed that it was delaying the launch of five Block 1 BlueBird satellites due to supplier delays.
  • On this news, AST’s stock price fell $0.62, or 23.6%, to close at $2.01 per share on April 2, 2024, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Law Offices of Frank R. Cruz Announces Investigation of AST SpaceMobile, Inc. (ASTS) on Behalf of Investors

Retrieved on: 
Friday, April 5, 2024

The Law Offices of Frank R. Cruz announces an investigation of AST SpaceMobile, Inc. (“AST” or the “Company”) (NASDAQ: ASTS ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation of AST SpaceMobile, Inc. (“AST” or the “Company”) (NASDAQ: ASTS ) on behalf of investors concerning the Company’s possible violations of federal securities laws.
  • On April 1, 2024, AST disclosed that it was delaying the launch of five Block 1 BlueBird satellites due to supplier delays.
  • On this news, AST’s stock price fell $0.62, or 23.6%, to close at $2.01 per share on April 2, 2024, thereby injuring investors.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

AST SpaceMobile Provides Business Update and Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Monday, April 1, 2024

“It has been a busy and exciting start to 2024 for AST SpaceMobile, with new partners joining our mission, manufacturing ramping, and commercialization approaching,” said Abel Avellan, Chairman and CEO of AST SpaceMobile.

Key Points: 
  • “It has been a busy and exciting start to 2024 for AST SpaceMobile, with new partners joining our mission, manufacturing ramping, and commercialization approaching,” said Abel Avellan, Chairman and CEO of AST SpaceMobile.
  • We ended the first quarter of 2024 with cash and cash equivalents and restricted cash of approximately $210.8 million.
  • AST SpaceMobile will hold a quarterly business update conference call at 5:00 p.m. (Eastern Time) on Monday, April 1, 2024.
  • 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/ .

AST SpaceMobile ASIC Chip Enters Tape-Out Phase in Collaboration with TSMC

Retrieved on: 
Wednesday, March 27, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, proudly announces the commencement of the tape-out phase for its Application-Specific Integrated Circuit (ASIC), in collaboration with TSMC, the world's leading foundry.

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 designed for both commercial and government use, proudly announces the commencement of the tape-out phase for its Application-Specific Integrated Circuit (ASIC), in collaboration with TSMC, the world's leading foundry.
  • "The commencement of the tape-out process for our ASIC, in collaboration with TSMC and other leaders in the semiconductor industry, is a testament to the unwavering commitment of our talented team," said Abel Avellan, Chairman and CEO of AST SpaceMobile.
  • AST SpaceMobile has more than 3,100 patent and patent-pending claims for its technology and operates state-of-the-art, vertically integrated manufacturing and testing facilities in Midland, Texas, which collectively span 185,000 square feet.
  • Rakuten, American Tower and Bell Canada are also existing investors in AST SpaceMobile.

AST SpaceMobile to Provide Quarterly Business Update on April 1, 2024

Retrieved on: 
Wednesday, March 20, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced it will hold a quarterly business update conference call on Monday, April 1st at 5:00 p.m. (Eastern Time).

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, today announced it will hold a quarterly business update conference call on Monday, April 1st at 5:00 p.m. (Eastern Time).
  • AST SpaceMobile will be accepting questions from retail and institutional shareholders and management will answer select questions relating to AST SpaceMobile’s business and financial results on the conference call.
  • Investors are encouraged to submit questions to [email protected] and will also be added to our Investor Relations mailing list.
  • 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/ .

AST SpaceMobile Updates Licensing Administration of its Satellite Constellation

Retrieved on: 
Tuesday, March 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312576138/en/
    "Our planned satellite network will provide services globally, but this initiative represents a closer strategic alignment of our network buildout and future network operations with the United States," said Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile.
  • “AST SpaceMobile is a U.S. based company, traded publicly on the NASDAQ, and has its primary satellite development and manufacturing capabilities in the United States.
  • AST SpaceMobile recently secured strategic investment from AT&T, Google and Vodafone, as well as a new contract award with the United States Government through a prime contractor.
  • Rakuten, American Tower and Bell Canada are also existing investors in AST SpaceMobile.

AST SpaceMobile's Abel Avellan Appointed Commissioner to the ITU/UNESCO Broadband Commission

Retrieved on: 
Wednesday, February 21, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced the appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development.

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, today announced the appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development.
  • Under Avellan’s leadership, AST SpaceMobile has been at the forefront of technological innovation in developing the groundbreaking space-based cellular broadband network that is intended to offer direct broadband access to everyday smartphones.
  • “Being appointed to the ITU/UNESCO Broadband Commission is a privilege and an honor.
  • The ITU/UNESCO Broadband Commission for Sustainable Development's mission for 2030 is centered on leveraging broadband technology to catalyze global progress towards the Sustainable Development Goals.

AST SpaceMobile Announces Participation in Upcoming Conferences

Retrieved on: 
Tuesday, February 20, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced participation in the following upcoming industry and investor conferences:

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, today announced participation in the following upcoming industry and investor conferences:
    Mobile World Congress, taking place on Monday, February 26 to Thursday, February 29 at the Fira Gran Via in Barcelona, Spain
    32nd Annual Deutsche Bank Media, Internet & Telecom Conference, taking place on Monday, March 11 at The Breakers Hotel in Palm Beach, FL.
  • Management will host investor meetings throughout the day
    36th Annual ROTH Conference, taking place on Monday, March 18 at The Ritz-Carlton Laguna Niguel in Dana Point, CA.
  • Management will host investor meetings throughout the day
    SATELLITE 2024, taking place on Tuesday, March 19 to Wednesday, March 20 at the Walter E. Washington Convention Center in Washington, DC

Kidney Patients Target Medicare Transplant Double Standard

Retrieved on: 
Friday, February 9, 2024

WASHINGTON, Feb. 9, 2024 /PRNewswire/ -- Today, the American Association of Kidney Patients (AAKP), the largest and oldest kidney patient organization in the nation, issued an Official Statement (appears below) and an AAKP Closer Look report highlighting a new, double standard and unequal access for Medicare kidney transplant recipients who rely upon molecular blood tests for organ health surveillance and the identification of early organ rejection. Kidney disease and kidney failure disproportionately impact minority Americans. Federal data consistently demonstrates that, among historically disadvantaged communities, there are tremendous barriers and lack of opportunity to receive a kidney transplant and furthermore, re-transplantation when a donor organ fails.

Key Points: 
  • The new restrictions severely limit Medicare patients and transplant professionals from accessing molecular blood tests, covered by Medicare and utilized since 2017.
  • It is absolutely clear this is a new double standard for Medicare transplant recipients.
  • Today, Medicare patients with a kidney transplant in South Carolina and across the nation face the new reality of unequal treatment to protect their precious gifts of life.
  • Their failed leadership has empowered unelected, unaccountable, and faceless for-profit contractors to make life and death decisions that negatively impact kidney transplant patients on Medicare.