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 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.
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Johan Wibergh (Photo: Business Wire)
“We are thrilled to welcome Johan to our Board of Directors,”
said Abel Avellan, AST SpaceMobile Founder, Chairman and CEO, “His
extensive experience in building and operating large-scale
networks, coupled with his proven track record of success in
driving innovation and growth, will be invaluable to us as we
progress towards commercialization of our space-based cellular
broadband network.”
An accomplished telecom leader, Wibergh retired from operational
roles in December 2022 after a distinguished career that included
his tenure as Group Chief Technology Officer (CTO) of Vodafone, one
of the world’s largest mobile network operators. Prior to that, he
served as Executive Vice President (EVP) & Head of Business
Unit Networks for Ericsson, a leading provider of information and
communications technology (ICT) services.
Throughout his career, Wibergh has held leadership positions
encompassing a wide range of telecommunications disciplines,
including enterprise networks, fixed and mobile network operations,
digital transformation, cyber security, product development, and
large-scale network operations. He has a proven track record of
managing large organizations, driving operational excellence, and
delivering continuous cost efficiency.
In addition to his role on the Board, Wibergh will also serve as
Chairman of AST SpaceMobile’s newly formed Network Planning and
Spectrum Committee of its Board of Directors. This committee will
be responsible for network planning for the AST constellation
including network features and capacity planning.
“I am excited to join the AST SpaceMobile Board and contribute
to the Company’s mission of delivering ubiquitous mobile broadband
connectivity,” said Wibergh “AST SpaceMobile’s technology has the
potential to eliminate connectivity gaps and bridge the digital
divide, making the world a more equitable place, and I am confident
that my experience can help the Company achieve its ambitious
goals."
Wibergh currently serves on the boards of directors of several
leading technology companies, including Trimble (NASDAQ: TRMB), a
publicly traded company specializing in digital transformation
solutions; BCE Inc and Bell Canada, a TSX and NYSE listed company,
and the largest telecommunications company in Canada; Marconi and
Avanci, both privately held companies focused on transforming
patent licensing; and Cohere Technologies, a pre-revenue Silicon
Valley company developing revolutionary mobile network capacity
improvement technology. He is also a member of the Executive
Advisory Board of Arrcus Inc., a disruptive networking solutions
company.
About AST SpaceMobile
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. Our engineers and space scientists are on a mission to
eliminate the connectivity gaps faced by today’s five billion
mobile subscribers and finally bring broadband to the billions who
remain unconnected. For more information, follow AST SpaceMobile on
YouTube, X (Formerly Twitter), LinkedIn and Facebook. Watch this
video for an overview of the SpaceMobile mission.
Forward-Looking Statements
This communication contains “forward-looking statements” that
are not historical facts, and involve risks and uncertainties that
could cause actual results of AST SpaceMobile to differ materially
from those expected and projected. These forward-looking statements
can be identified by the use of forward-looking terminology,
including the words “believes,” “estimates,” “anticipates,”
“expects,” “intends,” “plans,” “may,” “will,” “would,” “potential,”
“projects,” “predicts,” “continue,” or “should,” or, in each case,
their negative or other variations or comparable terminology.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside AST SpaceMobile’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: (i) expectations regarding AST SpaceMobile’s strategies
and future financial performance, including AST’s future business
plans or objectives, expected functionality of the SpaceMobile
Service, anticipated timing of the launch of the Block 1 Bluebird
satellites, anticipated demand and acceptance of mobile satellite
services, prospective performance and commercial opportunities and
competitors, the timing of obtaining regulatory approvals, ability
to finance its research and development activities, commercial
partnership acquisition and retention, products and services,
pricing, marketing plans, operating expenses, market trends,
revenues, liquidity, cash flows and uses of cash, capital
expenditures, and AST’s ability to invest in growth initiatives;
(ii) the negotiation of definitive agreements with mobile network
operators relating to the SpaceMobile service that would supersede
preliminary agreements and memoranda of understanding and the
ability to enter into commercial agreements with other parties or
government entities; (iii) the ability of AST SpaceMobile to grow
and manage growth profitably and retain its key employees and AST
SpaceMobile’s responses to actions of its competitors and its
ability to effectively compete; (iv) changes in applicable laws or
regulations; (v) the possibility that AST SpaceMobile may be
adversely affected by other economic, business, and/or competitive
factors; (vi) the outcome of any legal proceedings that may be
instituted against AST SpaceMobile; and (vii) other risks and
uncertainties indicated in the Company’s filings with the SEC,
including those in the Risk Factors section of AST SpaceMobile’s
Form 10-K filed with the SEC on April 1, 2024.
AST SpaceMobile cautions that the foregoing list of factors is
not exclusive. AST SpaceMobile cautions readers not to place undue
reliance upon any forward-looking statements, which speak only as
of the date made. For information identifying important factors
that could cause actual results to differ materially from those
anticipated in the forward-looking statements, please refer to the
Risk Factors incorporated by reference into AST SpaceMobile’s Form
10-K filed with the SEC on April 1, 2024. AST SpaceMobile’s
securities filings can be accessed on the EDGAR section of the
SEC’s website at www.sec.gov. Except as expressly required by
applicable securities law, AST SpaceMobile disclaims any intention
or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240604977331/en/
Investor: Scott Wisniewski investors@ast-science.com
Media: Allison Eva Murphy Ryan 917-547-7289
AstSpaceMobile@allisonpr.com
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