AST SpaceMobile Announces BlueWalker 3 Test Satellite Fully Assembled and Left Texas Factory

Rhea-AI Summary

AST SpaceMobile announced that its BlueWalker 3 satellite has been fully assembled and has departed from its Midland, Texas facility. The satellite will undergo final environmental testing in California, providing critical flight data for its launch set for early to mid-September at Cape Canaveral, FL. The launch date is subject to change due to various factors, including testing, integration, and weather conditions. AST SpaceMobile aims to deliver a global cellular broadband network accessible via standard mobile devices, addressing connectivity gaps for billions worldwide.

Positive

• Successful assembly of BlueWalker 3 satellite.
• Upcoming final environmental testing in California.
• Launch window scheduled for early to mid-September.

Negative

• Launch date is subject to change due to multiple factors such as testing and weather.

BlueWalker 3 will travel to California for final environmental testing and then be delivered to Cape Canaveral, FL for launch into low Earth orbit in early to mid-September

MIDLAND, Texas--(BUSINESS WIRE)-- AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, today announced that its BlueWalker 3 test satellite has been fully assembled and left its Midland, TX headquarters and manufacturing facility.

Over the next few weeks, BlueWalker 3 will be undergoing final environmental testing at an off-site facility in California, which will provide flight data to be used during the launch at Cape Canaveral. Following this activity, BlueWalker 3 will continue its journey to Cape Canaveral, with a launch window for early to mid-September.

The actual launch date remains subject to change and is contingent on a number of factors including, but not limited to, final testing, final integration, ground transport, timely readiness of the launch vehicle and other unknowns including, but not limited to, weather conditions or technical problems.

About AST SpaceMobile

AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. For more information, follow AST SpaceMobile on YouTube, Twitter, LinkedIn and Facebook. Watch this video for an overview of the SpaceMobile mission.

Forward-Looking Statements

This communication contains “forward-looking statements” that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “would,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in each case, their negative or other variations or comparable terminology.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside AST SpaceMobile’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (i) expectations regarding AST SpaceMobile’s strategies and future financial performance, including AST’s future business plans or objectives, expected functionality of the SpaceMobile Service, anticipated timing and level of deployment of satellites, anticipated demand and acceptance of mobile satellite services, prospective performance and commercial opportunities and competitors, the timing of obtaining regulatory approvals, ability to finance its research and development activities, commercial partnership acquisition and retention, products and services, pricing, marketing plans, operating expenses, market trends, revenues, liquidity, cash flows and uses of cash, capital expenditures, and AST’s ability to invest in growth initiatives; (ii) the negotiation of definitive agreements with mobile network operators relating to the SpaceMobile service that would supersede preliminary agreements and memoranda of understanding; (iii) the ability of AST SpaceMobile to grow and manage growth profitably and retain its key employees and AST SpaceMobile’s responses to actions of its competitors and its ability to effectively compete; (iv) changes in applicable laws or regulations; (v) the possibility that AST SpaceMobile may be adversely affected by other economic, business, and/or competitive factors; (vi) the outcome of any legal proceedings that may be instituted against AST SpaceMobile; and (vii) other risks and uncertainties indicated in the Company’s filings with the SEC, including those in the Risk Factors section of AST SpaceMobile’s Form 10-K filed with the SEC on March 31, 2022.

AST SpaceMobile cautions that the foregoing list of factors is not exclusive. AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors incorporated by reference into AST SpaceMobile’s Form 10-K filed with the SEC on March 31, 2022. AST SpaceMobile’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, AST SpaceMobile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220720005695/en/

Investors:

Scott Wisniewski

investors@ast-science.com

Media:

Brandyn Bissinger

press@ast-science.com

+1 866 845 6521

Source: AST SpaceMobile, Inc.

FAQ

What is the launch window for AST SpaceMobile's BlueWalker 3 satellite?

The launch window for BlueWalker 3 is scheduled for early to mid-September.

Where will the BlueWalker 3 satellite undergo final testing?

Final environmental testing will take place in California.

What factors could affect the launch date of BlueWalker 3?

The launch date could be affected by final testing, integration, ground transport, weather conditions, and technical issues.

What is the purpose of the BlueWalker 3 satellite?

BlueWalker 3 is designed to support AST SpaceMobile's goal of creating a global cellular broadband network accessible through standard mobile devices.