---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-060494"
form_type: "8-K"
ticker: "ASTS"
cik: "0001780312"
company_name: "AST SpaceMobile, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:24:29.181884+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AST SpaceMobile Q1 cash $212.4M, AT&T deal confirmed, satellite launch targeted for July/August

## Summary
- Cash and equivalents $212.4M; $51.5M additional available under credit facility.
- First 5 commercial satellites expected to ship to Cape Canaveral in July or August 2024.
- Signed 6-year definitive commercial agreement with AT&T for SpaceMobile service with 5,600+ cells.
- Total Q1 operating expenses $56.0M; adjusted operating expenses $31.1M, down $7.5M from Q4 2023.
- FCC discussions advancing; continuing strategic partner discussions with commercial payment blueprint.

## SEC filing metadata
- accession: 0000950170-24-060494
- form_type: 8-K
- ticker: ASTS
- cik: 0001780312
- company_name: AST SpaceMobile, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780312/000095017024060494/0000950170-24-060494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780312/000095017024060494/asts-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-060494
- JSON: https://secwatch.observer/filing/0000950170-24-060494.json
- Plain text: https://secwatch.observer/filing/0000950170-24-060494.txt

## Key facts
- Earnings Releases
  AST SpaceMobile, Inc. reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 15, 2024, AST SpaceMobile, Inc. (“AST SpaceMobile” or the “Company”) issued a press release announcing financial results for the three months ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780312/000095017024060494/0000950170-24-060494-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.