AST SpaceMobile Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Public

  • Employees
  • 489

Employees

  • Stock Symbol
  • ASTS

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $22.64
  • (As of Wednesday Closing)

AST SpaceMobile General Information

Description

AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in space to operate directly with standard, unmodified mobile devices, and off-the-shelf mobile phones based on extensive IP and patent portfolio. It has focused on eliminating the connectivity gaps faced by mobile subscribers and finally bringing broadband to the billions who remain unconnected. The Company's spaceMobile Service is being designed to provide cost-effective, high-speed Cellular Broadband services to end-users who are out of terrestrial cellular coverage using existing mobile devices.

Contact Information

Formerly Known As
AST & Science
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • Midland International Air & Space Port
  • 2901 Enterprise Lane
  • Midland, TX 79706
  • United States
+1 (432)
Primary Industry
Wireless Communications Equipment
Other Industries
Aerospace and Defense
Telecommunications Service Providers
Stock Exchange
NAS
Vertical(s)
Manufacturing, Industrials, TMT
Corporate Office
  • Midland International Air & Space Port
  • 2901 Enterprise Lane
  • Midland, TX 79706
  • United States
+1 (432)

AST SpaceMobile Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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AST SpaceMobile Stock Performance

As of 04-Dec-2024, AST SpaceMobile’s stock price is $22.64. Its current market cap is $4.54B with 200M shares.

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$22.64 $22.91 $1.97 - $39.08 $4.54B 200M 12.1M -$2.26

AST SpaceMobile Financials Summary

As of 30-Sep-2024, AST SpaceMobile has a trailing 12-month revenue of $2.5M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 4,335,992 641,359 362,551 318,703
Revenue 2,500 0 13,825 12,405
EBITDA (466,143) (169,171) (100,418) (70,017)
Net Income (296,152) (87,561) (31,640) (18,973)
Total Assets 821,649 360,892 438,372 443,936
Total Debt 213,478 72,872 12,768 13,159
Public Fundamental Data provided by Morningstar, Inc. disclaimer

AST SpaceMobile Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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AST SpaceMobile Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
AST SpaceMobile Inc is a satellite designer and manufacturer. The company is building a cellular broadband network in sp
Wireless Communications Equipment
Midland, TX
489 As of 2023

Covington, LA
 

Madrid, Spain
 
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AST SpaceMobile Competitors (4)

One of AST SpaceMobile’s 4 competitors is Globalstar, a Formerly PE-Backed company based in Covington, LA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Globalstar Formerly PE-Backed Covington, LA
Hispasat Formerly VC-backed Madrid, Spain
Thuraya Telecommunications Formerly PE-Backed Dubai, United Arab Emirates
Astranis Venture Capital-Backed San Francisco, CA
To view AST SpaceMobile’s complete competitors history, request access »

AST SpaceMobile Patents

AST SpaceMobile Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240022318-A1 Satellite communication system with gateway diversity Pending 13-Jul-2022
US-D1037220-S1 Satellite antenna array Active 12-Jul-2022
US-20230379048-A1 Cpri satellite communication system and method Pending 17-May-2022
US-20230361859-A1 On-demand resource management satellite communication system and method Pending 09-May-2022
US-20230208511-A1 Method and system for inactive and active beam transition in a satellite radio access network Active 22-Dec-2021 H04B7/18532
To view AST SpaceMobile’s complete patent history, request access »

AST SpaceMobile Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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AST SpaceMobile Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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AST SpaceMobile Acquisitions (2)

AST SpaceMobile’s most recent deal was a Merger/Acquisition with New Providence Acquisition. The deal was made on 06-Apr-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
New Providence Acquisition 06-Apr-2021 Merger/Acquisition Special Purpose Acquisition Company (SPAC)
NanoAvionics 06-Mar-2018 Merger/Acquisition Aerospace and Defense
To view AST SpaceMobile’s complete acquisitions history, request access »

AST SpaceMobile ESG

Risk Overview

Risk Rating

Updated February, 14, 2024

32.95 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,100

Rank

Percentile

Telecommunication Services

Industry

of 211

Rank

Percentile

Telecommunication Services

Subindustry

of 211

Rank

Percentile

To view AST SpaceMobile’s complete esg history, request access »

AST SpaceMobile Exits (1)

AST SpaceMobile’s most recent exit was on 06-Mar-2018 from NanoAvionics. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
NanoAvionics 06-Mar-2018 Completed
To view AST SpaceMobile’s complete exits history, request access »

AST SpaceMobile FAQs

  • When was AST SpaceMobile founded?

    AST SpaceMobile was founded in 2017.

  • Where is AST SpaceMobile headquartered?

    AST SpaceMobile is headquartered in Midland, TX.

  • What is the size of AST SpaceMobile?

    AST SpaceMobile has 489 total employees.

  • What industry is AST SpaceMobile in?

    AST SpaceMobile’s primary industry is Wireless Communications Equipment.

  • Is AST SpaceMobile a private or public company?

    AST SpaceMobile is a Public company.

  • What is AST SpaceMobile’s stock symbol?

    The ticker symbol for AST SpaceMobile is ASTS.

  • What is the current stock price of AST SpaceMobile?

    As of 04-Dec-2024 the stock price of AST SpaceMobile is $22.64.

  • What is the current market cap of AST SpaceMobile?

    The current market capitalization of AST SpaceMobile is $4.54B.

  • What is AST SpaceMobile’s current revenue?

    The trailing twelve month revenue for AST SpaceMobile is $2.5M.

  • Who are AST SpaceMobile’s competitors?

    Globalstar, Hispasat, Thuraya Telecommunications, and Astranis are competitors of AST SpaceMobile.

  • What is AST SpaceMobile’s annual earnings per share (EPS)?

    AST SpaceMobile’s EPS for 12 months was -$2.26.

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