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Form 8-K · Current Report · Filed 2024-07-25

AST SpaceMobile Announces Completion of First Five Commercial Satellites

AST SpaceMobile, Inc. announced on July 25, 2024, the successful completion of assembly for its first five commercial satellites, called Bluebirds. Each satellite is equipped with communications arrays measuring 693 square feet and is set for shipment to Cape Canaveral during the first week of August, with a 7-day launch window in September. These satellites, the largest-ever commercial communications arrays deployed in low Earth orbit, are designed to provide cellular broadband and support other government applications. Monitoring and final testing will continue up until launch vehicle integration. The satellites' launch date is subject to regulatory approvals, logistics, and other factors beyond the company's control.

Filer
Ast Spacemobile Inc. ASTS · NASDAQ
Filed
Accession
0001493152-24-029120
CIK
0001780312
Signal
Low impactTechnology

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 8.01

Other Events

Corporate Update
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$13.36

Next session

+41.0%

Since filing

+341.5%

Latest close

$58.98

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from ASTS reporting the same item, with the next session's move:

Exhibits (1)

About Ast Spacemobile Inc.

Ast Spacemobile Inc. is an innovative telecommunications company focused on transforming mobile connectivity through satellite technology. The company's primary mission is to develop and deploy the first and only space-based cellular broadband network directly accessible by standard mobile phones. This groundbreaking initiative aims to eliminate connectivity gaps in remote and underserved areas worldwide, significantly enhancing global communication networks. Ast Spacemobile Inc. is crucial to sectors like remote communications, emergency services, and developing markets where traditional cellular infrastructure is challenging to implement. With its headquarters in Midland, Texas, the company is at the forefront of marrying terrestrial mobile networks with satellite solutions, marking a significant shift in how broad-area coverage can be achieved. Their endeavor represents a pivotal advancement in the telecommunications industry, likely impacting global connectivity dynamics by extending the reach of mobile network operators beyond conventional terrestrial limitations.

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