AST SpaceMobile reports Q3 cash $199.5M; BW3 satellite deployed; BlueBird launch planned late 2023

AST SpaceMobile, Inc.

Ended Q3 with cash, equivalents, restricted cash of $199.5M; sold 51% of NanoAvionika for $26.7M net.
Total operating expenses $42.1M, up $6.7M QoQ due to R&D and engineering services increases.
BlueWalker 3 test satellite successfully unfolded largest communications array ever on a commercial LEO satellite.
Plan to launch five Block 1 BlueBird satellites in late 2023; patent portfolio grew to >2,600 claims worldwide.
Capitalized costs for BlueWalker 3 test satellite totaled $92.1M as of September 30, 2022.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AST SpaceMobile, Inc. reported financial results for the three and nine months ended September 30, 2022.

Period: the three and nine months ended September 30, 2022
Result: reported results

Exact text from the filing

On November 14, 2022, AST SpaceMobile, Inc. (“AST SpaceMobile” or the “Company”) issued a press release announcing financial results for the three and nine months ended September 30, 2022.

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36 earnings releases filed in the last 30 days. Browse all earnings releases →

AST SpaceMobile, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-22-025046

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