AST SpaceMobile announced its first five commercial BlueBird satellites are scheduled for launch on or after September 12, 2024, from Cape Canaveral. These satellites will feature the largest commercial communications arrays ever deployed in low Earth orbit, designed to provide direct cellular broadband service to standard smartphones across the United States and select global markets.The company expects to receive over $155 million in proceeds from public warrant exercises, with $71 million already received. This brings their pro forma cash position to over $440 million as of June 30, 2024. The company has agreements with over 45 mobile network operators globally, representing 2.8 billion subscribers, and secured strategic investments from AT&T, Verizon, Google, and Vodafone in 2024.The BlueBird satellites will support beta testing for AT&T and Verizon users, targeting 100% nationwide coverage with over 5,600 coverage cells in the United States. The launch timing remains subject to various factors including weather conditions and launch provider readiness.

AST SpaceMobile announced its first five commercial BlueBird satellites are scheduled for launch on or after September 12, 2024, from Cape Canaveral. These satellites will feature the largest commercial communications arrays ever deployed in low Earth orbit, designed to provide direct cellular broadband service to standard smartphones across the United States and select global markets.The company expects to receive over $155 million in proceeds from public warrant exercises, with $71 million already received. This brings their pro forma cash position to over $440 million as of June 30, 2024. The company has agreements with over 45 mobile network operators globally, representing 2.8 billion subscribers, and secured strategic investments from AT&T, Verizon, Google, and Vodafone in 2024.The BlueBird satellites will support beta testing for AT&T and Verizon users, targeting 100% nationwide coverage with over 5,600 coverage cells in the United States. The launch timing remains subject to various factors including weather conditions and launch provider readiness.