Articles from AST SpaceMobile, Inc.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that the Federal Communications Commission (FCC) has granted the company Special Temporary Authority (STA) authorizing testing service in the United States. This approval enables AST SpaceMobile’s first five commercial BlueBird satellites, operating in low Earth orbit today, with unmodified smartphones in AT&T and Verizon premium low-band wireless spectrum supporting voice, full data, and video applications, and other native cellular broadband capabilities, without the need of any specialized software or device support or updates.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the closing of $460.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) including the exercise in full of the option granted to the initial purchasers to purchase up to $60.0 million aggregate principal amount of notes.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced the pricing of $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced its intent to offer, subject to market conditions and other factors, $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). AST SpaceMobile also intends to grant the initial purchasers of the notes in the offering an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60.0 million aggregate principal amount of notes.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced an agreement for long-term access to up to 45 MHz of lower mid-band spectrum in the United States for direct-to-device satellite applications.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, and Vodafone Group Plc (Vodafone) (LSE: VOD), a leading European and African telecommunications company, announced today that they have entered into a definitive long-term commercial agreement through 2034. This is a significant step forward in their collaboration to expand broadband connectivity globally.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced participation in the following upcoming investor conferences:

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the third quarter ended September 30, 2024.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced launch services agreements securing the orbital launch capacity to enable continuous space-based cellular broadband service coverage across some of the most in-demand cellular markets globally. AST SpaceMobile's global service will initially target key markets such as the United States, Europe, Japan, the U.S. Government and other strategic markets. The Cape Canaveral Florida Space Force Station launch campaign, scheduled during 2025 and 2026, will utilize existing launch vehicles and Blue Origin’s New Glenn rocket for up to ~60 Block 2 satellites to low Earth orbit.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Thursday, November 14th at 5:00pm (Eastern Time).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the successful unfolding of its first five commercial satellites, BlueBirds 1-5.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced its selection by the Space Development Agency (SDA) for an Other Transaction (OT) agreement to compete for upcoming prototype demonstration projects under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the final results and completion of its redemption of all of its outstanding publicly traded warrants (the “Public Warrants”) to purchase shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that were issued under the Warrant Agreement dated as of September 13, 2019 (the “Warrant Agreement”), by and between AST SpaceMobile (f/k/a New Providence Acquisition Corp. (“NPA”)) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), for a redemption price of $0.01 per warrant (the “Redemption Price”), that remained outstanding at 5:00 p.m. New York City time on Friday, September 27, 2024 (the “Redemption Date”).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the preliminary results of its redemption of all of its outstanding publicly traded warrants (the “Public Warrants”) to purchase shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that were issued under the Warrant Agreement dated as of September 13, 2019 (the “Warrant Agreement”), by and between AST SpaceMobile (f/k/a New Providence Acquisition Corp. (“NPA”)) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), for a redemption price of $0.01 per warrant (the “Redemption Price”), that remained outstanding at 5:00 p.m. New York City time on Friday, September 27, 2024 (the “Redemption Date”).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today announced the successful launch of its first five commercial satellites, called BlueBirds.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today provided an interim business update. The launch of AST SpaceMobile’s upcoming satellites is targeted on or after September 12th from Cape Canaveral, Florida and over $155.0 million in proceeds is expected from its previously-announced redemption of warrants, resulting in over $440.0 million in cash on a pro forma basis as of June 30, 2024.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that it will redeem all of its publicly traded warrants to purchase shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that remain outstanding at 5:00 pm New York City time on Friday, September 27, 2024 (the “Redemption Date”), for a redemption price of $0.01 per warrant (the “Redemption Price”).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today announced that a limited number of spaces are available for qualified retail shareholders to attend the launch of the BlueBird 1-5 Mission at the Kennedy Space Center Visitor Complex at Cape Canaveral, Florida.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the second quarter ended June 30, 2024.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that its first five commercial satellites, called BlueBirds, have arrived in Cape Canaveral, Florida, ahead of the planned orbital launch during a 7-day launch window in September.”

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that the U.S. Federal Communications Commission (FCC) has granted an initial license for space-based operations in the United States. With this initial license, AST SpaceMobile is now authorized to launch and operate V, S and UHF frequencies to support gateway, feeder link and telemetry, tracking, and control operations for the first five commercial BlueBird satellites.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Wednesday, August 14th at 5:00pm (Eastern Time).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the successful completion of its first five commercial satellites, called Bluebirds. Each satellite has communications arrays measuring 693 square feet and are now ready for shipment to Cape Canaveral during the first week of August, with a 7-day launch window in September.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced that Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile, published a letter to partners, shareholders, and future space-based cellular broadband network users. The full text of the letter is below.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones and is designed for both commercial and government use, today announced a strategic realignment of its executive leadership team including the appointment of Scott Wisniewski, who currently serves as Chief Strategy Officer, to the additional role of President, Shanti Gupta, who currently serves as Chief Accounting Officer, as Chief Operations Officer, and Andrew Johnson, who currently serves as Chief Legal Officer, to the additional role of Chief Financial Officer. The strategic realignment is designed to leverage the proven track record of members of AST SpaceMobile’s existing leadership and position the company for success in its next phase of accelerated growth.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today announced the appointment of Chris Sambar to its Board of Directors, effective June 20, succeeding Alex Coleman, Chairman at New Providence Acquisition Corp. Mr. Sambar brings a distinguished career in leadership and technology to AST SpaceMobile, further strengthening the company's expertise as it prepares for its next phase of growth.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the appointment of telecom industry veteran Johan Wibergh to its Board of Directors, effective June 3rd. Wibergh brings over 35 years of experience in the telecommunications sector, including leadership positions at Vodafone and Ericsson.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), and Verizon (NYSE, NASDAQ: VZ) today announced a strategic partnership with a commitment of $100 million from Verizon, to provide direct-to-cellular AST SpaceMobile service when needed for Verizon customers.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the three months ended March 31, 2024.

AT&T and AST SpaceMobile enter a commercial agreement to provide their first space-based broadband network direct to everyday cell phones.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the appointment of Andrew Johnson as Chief Legal Officer. Johnson has assumed his new role effective May 6, 2024.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Wednesday, May 15th at 5:00 p.m. (Eastern Time).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the three months and fiscal year ended December 31, 2023.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that it has updated its constellation filing with the International Telecommunication Union (ITU) and related filings for its V-Band application with the Federal Communications Commission (FCC).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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. AST SpaceMobile believes this appointment underscores the natural alignment between the company’s mission to connect the unconnected by bringing broadband to the billions worldwide and the Broadband Commission's efforts to promote universal connectivity as a cornerstone of a sustainable and inclusive future.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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:

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced a new contract award from a prime contractor working with the United States Government.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced that Abel Avellan, Chairman and Chief Executive Officer of AST SpaceMobile, published a letter to shareholders. The full text of the letter is below.

AST SpaceMobile, Inc. (NASDAQASTS) (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 32,258,064 shares of Class A Common Stock at a price to the public of $3.10 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 4,838,709 shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions. The gross proceeds to the Company from the offering, before deducting underwriting discounts, commissions and other offering expenses, will be approximately $100,000,000 million ($115,000,000 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. (NASDAQASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of $100,000,000 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 $15,000,000 of shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use the net proceeds of the offering for general corporate purposes.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced strategic investment from AT&T, Google and Vodafone and aggregate new financing of up to $206.5 million in gross proceeds. In addition to the $155 million strategic investment, the company also plans to draw up to $51.5 million from the company’s existing senior-secured credit facility.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today provided an interim update on fundraising progress.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, is providing its business update for the third quarter ended September 30, 2023.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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 Tuesday, November 14th at 5:00 p.m. (Eastern Time). The company is also providing its preliminary estimated financial results for the third quarter ended September 30, 2023.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced another unprecedented leap in telecommunications by successfully making the first-ever 5G connection for voice and data between an everyday, unmodified smartphone and a satellite in space.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, is providing its business update for the second quarter ended June 30, 2023.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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, August 14th at 5:00 p.m. (Eastern Time). The company is also providing its preliminary estimated financial results for the second quarter ended June 30, 2023.

AST SpaceMobile, Inc. (NASDAQASTS) (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 Company intends to use the net proceeds of the offering for general corporate purposes, including expected cash payments related to launch services and related additional equipment and services in the third quarter of 2023.

AST SpaceMobile, Inc. (NASDAQASTS) (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 intends to use the net proceeds of the offering for general corporate purposes, including expected cash payments related to launch services and related additional equipment and services in the third quarter of 2023.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, is set to join the small-cap Russell 2000® and broad-market Russell 3000® indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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, May 15th at 5:00 p.m. (Eastern Time). The company is also providing its preliminary estimated financial results for the first quarter ended March 31, 2023.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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. This is the first time anyone has ever achieved a direct voice connection from space to everyday cellular devices, demonstrating a significant advancement in AST SpaceMobile’s mission to provide connectivity to the nearly 50% of the global population who remain unconnected from cellular broadband. 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.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, is providing its business update for the three months and fiscal year ended December 31, 2022.

AST SpaceMobile, Inc. (NASDAQASTS), 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 Friday, March 31st at 8:00 a.m. (Eastern Time).

AST SpaceMobile, Inc. (NASDAQASTS), 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 Saudi Telcom Company (”stc”), a leading telecommunications provider in Saudi Arabia. The two companies signed the MoU during Mobile World Congress Barcelona, with the goal of developing innovative telecom solutions and satellite-based digital services that could improve mobile service accessibility.

AST SpaceMobile, Inc. (NASDAQASTS), the company building the first and only space-based cellular broadband network designed to be accessible directly by standard mobile phones, today announced a non-binding memorandum of understanding (“MoU”) with Zain KSA (“Zain”), a leading telecommunications (“telecom”) operator and a digital service provider in Saudi Arabia. The signing took place at the international LEAP 2023 Tech Conference in Riyadh.

AST SpaceMobile, Inc. (NASDAQASTS), 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, Inc. (NASDAQASTS), 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, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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, Inc. ("AST SpaceMobile") (NASDAQASTS) 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, Inc. (NASDAQASTS) (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. (NASDAQASTS) (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. (“AST SpaceMobile”) (NASDAQASTS), 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, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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, Inc. (NASDAQASTS), 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, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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. A full third quarter business update is planned for the first half of November.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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.

AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced its BlueWalker 3 (BW3) test satellite is planned to reach orbit September 10 from Kennedy Space Center in Cape Canaveral, Florida, a mission that plans to kick off testing with mobile network operators on six continents, including North America.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), 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 second quarter ended June 30, 2022.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that its BlueWalker 3 test satellite (BW3) has arrived at Cape Canaveral. The satellite recently departed an off-site testing facility in California after collecting flight data for the upcoming planned launch to low Earth orbit, with a launch window for early to mid-September.

AST SpaceMobile, Inc. (NASDAQASTS), 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, August 15 at 5:00 p.m. (Eastern Time).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that its BlueWalker 3 test satellite has been fully assembled and left its Midland, TX headquarters and manufacturing facility.