other material
confidence high
sentiment positive
materiality 0.85
AST SpaceMobile: $567.5M cash, Vodafone deal to 2034, $43M SDA contract
AST SpaceMobile, Inc.
- Cash, equivalents, and restricted cash $567.5M at Dec 31; pro forma ~$1.0B after $460M convertible notes.
- Definitive commercial agreement with Vodafone through 2034 covers 20+ countries in Europe and Africa.
- Secured $43M in expected revenue from U.S. Space Development Agency via prime contractor.
- 40 Block 2 BlueBird satellites in production; spectrum agreement for up to 45 MHz of low-mid band.
- Q4 operating expenses $60.6M (down $6M QoQ); adjusted operating expenses $40.8M.