Key post-launch activity completed in
preparation for commercial and government services
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
successful unfolding of its first five commercial satellites,
BlueBirds 1-5.
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the full release here:
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AST SpaceMobile BlueBird 1-5 unfolded, US
coverage with 5600+ cells (Graphic: Business Wire)
With this significant post-launch technical activity now
complete, ahead of schedule at 6 weeks after the launch of the
satellites, the BlueBirds are now preparing for commercial and US
government operations.
“The unfolding of the first five commercial satellites is a
significant milestone for the company. These five satellites are
the largest commercial communications arrays ever launched in low
Earth orbit,” commented Abel Avellan, Founder, Chairman and CEO of
AST SpaceMobile. “It is a significant achievement to commission
these satellites, and we are now accelerating our path to
commercial activity.”
“The deployment of our first five BlueBird commercial satellites
marks just the beginning of our journey,” continued Mr. Avellan.
“As we prepare for commercial services, we remain committed to
pushing the boundaries of innovation. Our team is already hard at
work building the next generation of satellites, which will offer
ten times the capacity of our current BlueBirds, further
transforming mobile connectivity and delivering even greater
benefits to our customers and partners worldwide.”
AST SpaceMobile will target 100% nationwide coverage across the
United States, providing service through more than 5,600 cells on
premium low-band spectrum via strategic partnerships with leading
operators like AT&T, Verizon, and Vodafone, among others.
AST SpaceMobile’s technology features large, phased array
antennas supported by over 3,450 patent and patent-pending claims.
This innovative design aims to extend cellular coverage globally,
eliminating dead zones and delivering space-based cellular
broadband connectivity to underserved regions. These advanced
phased arrays, the largest ever deployed commercially in low Earth
orbit, connect directly to standard smartphones at broadband
speeds. This eliminates the need for specialized equipment,
enabling seamless use with existing mobile phones while enhancing
and complementing mobile operator networks.
AST SpaceMobile's technology also offers significant advantages
for government applications, with its dual-use capability
supporting both communications and non-communications use cases.
The company’s innovative approach positions it to deliver advanced
space-based solutions for a range of strategic needs, providing
scalable, secure, and reliable connectivity to support various
government missions.
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, and designed for both commercial and government
applications. 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 could 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 2 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 SpaceMobile’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 Securities and Exchange Commission (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 in 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241025345390/en/
Investor Contact: Scott Wisniewski
investors@ast-science.com Media Contact: Allison Eva Murphy
Ryan 917-547-7289 AstSpaceMobile@allisonpr.com
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