AST SpaceMobile

company

About

AST SpaceMobile is building the first space-based broadband cellular network to operate directly with standard, unmodified mobile devices.

Details

Last Funding Type
Series B
Last Funding Money Raised
$110M
Industries
Information Technology,Satellite Communication,Telecommunications
Founded date
Jan 1, 2017
Number Of Employee
251 - 500
Operating Status
Active
Stock Symbol
nasdaq:ASTS
Legal Name
AST SpaceMobile, Inc.
Also Known As
AST & Science,SpaceMobile,New Providence Acquisition Corp.

AST SpaceMobile is building the first and only global broadband cellular network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. The company's team of engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. The company was founded on May 31, 2017 and is headquartered in Midland, TX. The listed name for ASTS is AST SpaceMobile, Inc. Class A Common Stock.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$820M
AST SpaceMobile has raised a total of $820M in funding over 2 rounds. Their latest funding was raised on Apr 7, 2021 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Apr 7, 2021 Post-IPO Equity $230M 4 Detail
Apr 7, 2021 IPO $462M Detail
Jan 3, 2021 Series Unknown 1 Detail
Dec 16, 2020 Series C Detail
Mar 3, 2020 Series B $110M 5 Rakuten
Vodafone
Detail

Investors

Number of Lead Investors
Number of Investors
2
7
AST SpaceMobile is funded by 7 investors. Rakuten and Apex Site Management are the most recent investors.
Investor Name Lead Investor Funding Round
Rakuten Post-IPO Equity
Apex Site Management Post-IPO Equity
UBS O'Connor Post-IPO Equity
Vodafone Post-IPO Equity
Seraphim Space Series Unknown
Cisneros Group Series B
Samsung NEXT Series B

Employee Profiles

Number of Employee Profiles
11
AST SpaceMobile has 11 current employee profiles, including Board member Tareq Amin
Board member
Board member
Executive
Board member
Board member

Acquisition

AST SpaceMobile has acquired 2 organizations. Their most recent acquisition was NanoAvionics on Mar 6, 2018. They acquired NanoAvionics for 0.

Date Company Name
Industry Acquisition Type Price
Mar 6, 2018 NanoAvionics
Aerospace acquisition Detail
Asset Management merge Detail