CLOs on the Move

AST SpaceMobile is a satellite designer and manufacturer based in Midland, Texas, founded in May 2017 by Abel Avellan. The company focuses on creating the SpaceMobile satellite constellation to deliver a global cellular broadband network from space. This network is designed to work directly with standard mobile devices, aiming to bridge connectivity gaps for billions of mobile subscribers worldwide. The company targets mobile network operators, government entities, and enterprise users with its services. AST SpaceMobile offers direct satellite-to-mobile phone connectivity, enabling 4G and 5G services, and aims to provide broadband data speeds to underserved regions. Its technology includes a low-latency broadband ...

AST SpaceMobile is a satellite designer and manufacturer based in Midland, Texas, founded in May 2017 by Abel Avellan. The company focuses on creating the SpaceMobile satellite constellation to deliver a global cellular broadband network from space. This network is designed to work directly with standard mobile devices, aiming to bridge connectivity gaps for billions of mobile subscribers worldwide. The company targets mobile network operators, government entities, and enterprise users with its services. AST SpaceMobile offers direct satellite-to-mobile phone connectivity, enabling 4G and 5G services, and aims to provide broadband data speeds to underserved regions. Its technology includes a low-latency broadband architecture and large commercial communications satellites, such as the BlueWalker 3 prototype. AST SpaceMobile has established strategic partnerships with major telecommunications companies, including Vodafone and Rakuten, to enhance its service offerings. The company is publicly traded on the Nasdaq under the ticker symbol ASTS.

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