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AST SpaceMobile

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AST SpaceMobile
Company typePublic
NasdaqASTS
IndustrySpace
Founded2017
FounderAbel Avellan
Headquarters,
United States
Area served
Worldwide
Key people
Abel Avellan (CEO)
SubsidiariesNanoAvionics
Websiteast-science.com

AST SpaceMobile is a publicly traded space company based in Midland, Texas, United States.[1][2] The company is active in the space sector.[3][4]

History

The company was founded in May 2017 by Abel Avellan as "AST & Science".[3][5]

In 2020, NASA filed a letter with the FCC during the public-comment period related to AST’s Application for Fixed Satellite Service Mobile Satellite Service that expressed concerns about AST’s proposed constellation to launch 243 satellites in low-Earth orbit.[6][7][8] Three weeks later, NASA submitted a second letter to the FCC revising its original stance regarding AST’s application, mentioning that it since begun to collaborate with AST, sharing data on the proposed system and conjunction mitigation best practices. NASA stated that while their technical concerns regarding the size and location of the proposed AST constellation are subject to the development of a coordination plan, NASA has “no concern with the issuance of the requested license” based on AST’s demonstrated interest in collaborating and working to mitigate risks.[9]

In April 2021, the company changed its name to AST SpaceMobile.[10][11] In the same month, AST SpaceMobile went public and got listed on the Nasdaq.[12] In 2022, the FCC granted the company an experimental license to connect to the BlueWalker 3 satellite.[13]

References

  1. ^ "Space, the financial frontier". Financial Times. June 11, 2021.
  2. ^ IV, Edmund T. Anderson (April 12, 2022). "MC should reconsider decision about aviation maintenance school". Midland Reporter-Telegram.
  3. ^ a b "A new firm says it can link satellites to ordinary smartphones". The Economist.
  4. ^ "2020 was tech's leap year". Financial Times. December 24, 2020.
  5. ^ Sheetz, Michael (December 16, 2020). "Satellite-to-smartphone broadband company AST & Science to go public through a SPAC". CNBC.
  6. ^ "NASA Makes a Surprise Statement, Calling Out Private Space Start-up for Big Risks". The New York Observer. November 3, 2020.
  7. ^ "Star wars: why Nasa objects to Elon Musk's space race". Financial Times. February 23, 2022.
  8. ^ "Texas satellite company defends itself against NASA criticisms". Ars Technica. Retrieved 21 July 2022.
  9. ^ "Policymakers oblige 5G satellite aspirants". Light Reading. Retrieved 21 July 2022.
  10. ^ Sheetz, Michael (April 1, 2021). "Satellite company AST SpaceMobile expects to close SPAC deal next week and begin trading on Nasdaq". CNBC.
  11. ^ "Satellite Firm AST is Going Public in Blank-Check Deal". Bloomberg.com. 16 December 2020.
  12. ^ Sheetz, Michael (April 7, 2021). "AST SpaceMobile shares rise as the space SPAC stock begins trading on the Nasdaq". CNBC.
  13. ^ "FCC Grants AST SpaceMobile Experimental License". Satellite Today. Retrieved 21 July 2022.