AST SpaceMobile (ASTS) Provides First Quarter 2022 Business Update

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Go back to AST SpaceMobile (ASTS) Provides First Quarter 2022 Business Update

AST SpaceMobile Provides First Quarter 2022 Business Update

May 16, 2022 4:10 PM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- AST SpaceMobile, Inc. (AST SpaceMobile) (NASDAQ: ASTS), 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 first quarter ended March 31, 2022.

Today, we are excited to report strong momentum across the business. We continue to advance our industrialization activities, with investments at our Midland facilities and in our supply chain, towards our goal of producing up to 6 Bluebird production satellites per month, said Abel Avellan, Chairman and CEO of AST SpaceMobile. We also remain... More