AST SpaceMobile Enhances Management of Satellite Constellation Licensing

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the pioneering company behind the creation of the world’s first space-based cellular broadband network accessible directly by standard smartphones, has announced significant updates to its constellation filing with the International Telecommunication Union (ITU) and related filings for its V-Band application with the Federal Communications Commission (FCC).

According to Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile, “Our planned satellite network is poised to offer services on a global scale, and this strategic move reflects a closer alignment with the United States for our network development and future operations.” He emphasized AST SpaceMobile’s status as a U.S.-based company publicly traded on NASDAQ, with primary satellite development and manufacturing facilities in the United States. Wisniewski noted the United States’ leading role in establishing comprehensive regulatory frameworks for satellite communications, underscoring AST SpaceMobile’s pride in being an American company leveraging innovation and technology.

The decision to revise the licensing administration of the AST SpaceMobile constellation filing coincides with the Federal Communications Commission’s ongoing rulemaking process, particularly in the realm of Supplemental Coverage from Space, showcasing continued leadership in global regulation for direct-to-device communication. The recently unveiled final draft rules signal progress for AST SpaceMobile’s envisioned service offering as it advances toward commercial operations in the United States.

AST SpaceMobile has recently attracted strategic investments from industry giants such as AT&T, Google, and Vodafone, alongside securing a new contract with the United States Government through a prime contractor. The company boasts agreements and partnerships with over 40 mobile network operators worldwide, collectively serving more than two billion existing subscribers. Notable partners include Vodafone Group, Rakuten Mobile, AT&T, and Bell Canada, among others. Additionally, existing investors in AST SpaceMobile include Rakuten, American Tower, and Bell Canada.

This series of developments underscores AST SpaceMobile’s momentum and growing prominence in the realm of space-based cellular connectivity, propelled by strategic alliances, regulatory advancements, and expanding global partnerships.

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