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Jun 30, 2021
AST SpaceMobile Q2 2021 Earnings Report
AST SpaceMobile reported its business update for Q2 2021, highlighting progress in industrial, commercial, and organizational aspects towards delivering the SpaceMobile network.
Key Takeaways
AST SpaceMobile provided a business update for the second quarter of 2021, noting significant progress since its public market debut on April 7th. The company is advancing towards the launch of its next prototype spacecraft, BlueWalker 3, expected in March 2022, and finalizing the design of its next-generation production spacecraft, BlueBird 1.
Made significant industrial, commercial, and organizational progress towards delivering the SpaceMobile network.
The launch of the next prototype spacecraft, BlueWalker 3, is expected in March 2022.
Finalizing a Memorandum of Understanding with MTN Group to begin negotiations regarding testing alongside BlueWalker 3 for an initial two countries.
Entered into agreements and understandings with mobile network operators which collectively cover approximately 1.5 billion mobile subscribers.
Forward Guidance
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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