AST SpaceMobile achieves first voice call from space to unmodified smartphones; Q1 cash $185.7M

AST SpaceMobile, Inc.

Completed first-ever two-way voice calls from space to everyday unmodified smartphones via BlueWalker 3.
Cash and equivalents $185.7M at March 31, 2023; operating expenses $44.5M in Q1.
Manufacturing on track for five Block 1 BlueBird satellites with planned launch in Q1 2024.
Signed spectrum lease agreement with AT&T, contingent on regulatory approval and definitive commercial agreement.
BW3 testing validated technology; no major design changes to Block 1 satellites confirmed.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AST SpaceMobile, Inc. reported financial results for the three months ended March 31, 2023.

Period: the three months ended March 31, 2023
Result: reported results

Exact text from the filing

On May 15, 2023, AST SpaceMobile, Inc. (“AST SpaceMobile” or the “Company”) issued a press release announcing financial results for the three months ended March 31, 2023.

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AST SpaceMobile, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-022202

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