AST SpaceMobile provided a business update for the third quarter of 2021, highlighting progress in the build, integration, and testing of the BlueWalker 3 satellite and the agreement to purchase an additional facility in Midland, Texas, to increase satellite production capacity.
Made significant progress on BlueWalker 3 satellite.
Entered the last stage of build, integration and testing of BlueWalker 3.
Entered into an agreement to purchase an additional 100,000 square foot facility in Midland, Texas.
Aims to reach a production goal of six satellites per month.
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.
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