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    AST SpaceMobile Inc (ASTS)

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    AST SpaceMobile, Inc. is a company engaged in designing and developing a global Cellular Broadband network in space. The company's primary service, known as the SpaceMobile Service, aims to provide cost-effective, high-speed Cellular Broadband services to end-users who are outside terrestrial cellular coverage using existing mobile devices. AST SpaceMobile operates under one segment and does not break down its revenue by product lines or segments, focusing on the development of satellite technology and related services.

    1. SpaceMobile Service - Provides high-speed Cellular Broadband services directly to everyday smartphones (2G/4G-LTE/5G devices) for both commercial and government applications, utilizing a constellation of high-powered satellites in Low Earth Orbit (LEO).
    NamePositionExternal RolesShort Bio

    Abel Avellan

    ExecutiveBoard

    Chairman & CEO

    Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development

    Founder of ASTS (2017), over 25 years in the space industry, co-inventor of 21 U.S. patents, previously founded Emerging Markets Communications (sold for $550M).

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    Andrew Johnson

    Executive

    CFO & CLO

    None

    Joined ASTS in May 2024 as CLO, became CFO in June 2024, previously EVP and CLO at 3D Systems, holds a JD, MBA, and BA.

    Dr. Huiwen Yao

    Executive

    EVP & CTO

    None

    Joined ASTS in 2018, over 30 years in satellite communications, holds 25 patents, previously Senior Director at Northrop Grumman.

    Maya Bernal

    Executive

    Chief Accounting Officer (CAO)

    None

    Joined ASTS in March 2022, promoted to CAO in June 2024, previously Financial Reporting Director at Bluegreen Vacations, CPA with a Master’s in Accounting.

    Scott Wisniewski

    Executive

    President & Chief Strategy Officer

    None

    Joined ASTS in March 2021, instrumental in raising over $600M in capital, previously Managing Director at Barclays, advised ASTS on its 2021 business combination.

    Shanti Gupta

    Executive

    COO

    None

    Joined ASTS in September 2021 as CAO, promoted to COO in June 2024, responsible for operational excellence, cost efficiencies, and global scaling.

    Adriana Cisneros

    Board

    Director

    CEO of Cisneros, Board Member at Mattel Inc.

    CEO of Cisneros since 2013, extensive experience in media, real estate, and digital advertising, holds degrees from Columbia and NYU, and a leadership certificate from Harvard.

    Alexander Coleman

    Board

    Director

    Chairman of New Providence Acquisition Corp. II, Managing Partner of New Providence Management LLC

    Focuses on investing in consumer-related companies, extensive experience in SPACs and private equity.

    Edward Knapp

    Board

    Director

    CTO at American Tower Corporation, Board Member at Center for Automotive Research

    Over 40 years in communications technology, previously SVP of Engineering at Qualcomm, holds degrees in engineering and business.

    Hiroshi Mikitani

    Board

    Director

    CEO of Rakuten Group, Vice Chairman of Rakuten Medical, Chairman of Tokyo Philharmonic Orchestra

    Founder and CEO of Rakuten, extensive leadership in global internet services, biotechnology, and philanthropy, holds degrees from Hitotsubashi University and Harvard Business School.

    Johan Wibergh

    Board

    Director

    Board Member at Trimble Inc., Bell Canada, Arrcus Inc., Marconi, Avanci, and Cohere Technologies

    Former CTO of Vodafone, over 35 years in telecommunications, expertise in large-scale networks and technology innovation, holds a Master’s in Computer Science and Engineering from Linkoping University, Sweden.

    Julio A. Torres

    Board

    Director

    Managing Partner at Multiple Equilibria Capital, Board Member at Tecnoglass Inc.

    Extensive experience in SPACs and financial advisory, holds degrees from Universidad de los Andes, Kellogg School of Management, and Harvard Kennedy School.

    Luke Ibbetson

    Board

    Director

    Leads Vodafone Group R&D, Chairman of NGMN Alliance Board Strategy Committee

    Over 25 years in telecommunications, leads Vodafone's research and trials of emerging technologies, serves on several industry boards.

    Richard Sarnoff

    Board

    Director

    Partner at KKR, Board Member at Chegg Inc.

    Leads media, entertainment, and education investments at KKR, serves on several private and public boards, extensive experience in private equity.

    Ronald Rubin

    Board

    Director

    Co-Founder & Managing Director of Tower Alliance, LLC

    Extensive experience in wireless infrastructure, previously CFO of Global Tower Partners, CPA with degrees in accounting and taxation.

    1. Given that the initial 5 Block 1 satellites are operational but pending FCC approval for beta services, what are the specific risks and contingencies if regulatory approvals are delayed, and how might this impact your planned service rollout timelines?
    2. With the shift from Block 1 to Block 2 satellites requiring significant capital for production and launch, how do you plan to secure the necessary funding, and what is your strategy if anticipated financing does not materialize as expected?
    3. Considering the AST5000 ASIC chip is crucial for the enhanced capabilities of your Block 2 satellites but is still in initial validation, what are the potential technical or manufacturing challenges that could arise, and how could they affect your deployment schedule and service capacity?
    4. While you've secured a definitive agreement with AT&T, progress with other major MNOs seems to be in earlier stages; what obstacles are you facing in finalizing additional commercial agreements, and how could this delay impact your market entry and revenue projections?
    5. Regarding your government contracts, you've mentioned potential revenues in the hundreds of millions primarily from services over time; can you provide more detail on the steps required to realize these revenues and the competitive factors that might influence your ability to secure long-term government commitments?

    Recent press releases and 8-K filings for ASTS.

    AST SpaceMobile Enters Strategic Collaboration Agreement
    ASTS
    New Projects/Investments
    Legal Proceedings
    • AST SpaceMobile, Inc. and its subsidiaries entered into a definitive Framework Agreement with Ligado Networks LLC and affiliate Spectrum USA I, LLC on March 22, 2025, which establishes long-term access to up to 45 MHz of lower mid-band spectrum to enhance direct-to-device satellite services.
    • The agreement outlines significant financial commitments, including a $350 million cash payment and an optional $200 million payment (in cash, convertible notes, or a combination thereof), along with the issuance of approximately 4.7 million warrants at an exercise price of $0.01 per share subject to a 12-month lock-up.
    • The transaction is part of a broader restructuring of Ligado amid its Chapter 11 proceedings, with the definitive agreements subject to regulatory approvals and other closing conditions.
    Mar 24, 2025, 12:00 AM