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Sep 30, 2021

AST SpaceMobile Q3 2021 Earnings Report

Provided a business update for the third quarter of 2021.

Key Takeaways

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.

Total Revenue
$2.45M
EPS
$0.07
Gross Profit
$347K
Cash and Equivalents
$360M
Free Cash Flow
-$24.5M
Total Assets
$461M

AST SpaceMobile

AST SpaceMobile

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.