AST SpaceMobile Announces Participation in Upcoming Conferences

Rhea-AI Summary

AST SpaceMobile (NASDAQ: ASTS), pioneer in developing the first space-based cellular broadband network accessible by standard smartphones, has announced its participation in three major investor conferences. The company will attend the Deutsche Bank 2024 Global Space Summit and 13th Annual ROTH Technology Conference on November 20, and the UBS Global Media & Communications Conference on December 10, all taking place in New York. Interested investors can request meetings through their sales representatives or by contacting AST SpaceMobile's investor relations team.

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 everyday smartphones, and designed for both commercial and government applications, today announced participation in the following upcoming investor conferences:

• Deutsche Bank 2024 Global Space Summit, taking place on Wednesday, November 20 in New York, NY
• 13^th Annual ROTH Technology Conference, taking place on Wednesday, November 20 in New York, NY
• UBS Global Media & Communications Conference, taking place on Tuesday, December 10 in New York, NY

Investors who wish to request a meeting should contact their sales representative at the sponsoring firms or the AST SpaceMobile investor relations team directly at investors@ast-science.com.

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, and designed for both commercial and government applications. 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, X (Formerly 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 could 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 of the launch of the Block 2 Bluebird 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 SpaceMobile’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 and the ability to enter into commercial agreements with other parties or government entities; (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 Securities and Exchange Commission (SEC), including those in the Risk Factors section of AST SpaceMobile’s Form 10-K filed with the SEC on April 1, 2024.

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 in AST SpaceMobile’s Form 10-K filed with the SEC on April 1, 2024. 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/20241118803554/en/

Investor Contact:

Scott Wisniewski

investors@ast-science.com



Media Contact:

Allison

Eva Murphy Ryan

917-547-7289

ASTSpaceMobile@allisonpr.com

Source: AST SpaceMobile, Inc.

FAQ

Which investor conferences will AST SpaceMobile (ASTS) attend in late 2023?

AST SpaceMobile will attend three conferences: Deutsche Bank 2024 Global Space Summit and ROTH Technology Conference on November 20, and UBS Global Media & Communications Conference on December 10, all in New York.

How can investors schedule meetings with AST SpaceMobile (ASTS) at the upcoming conferences?

Investors can schedule meetings either through their sales representatives at the sponsoring firms or by directly contacting AST SpaceMobile's investor relations team at investors@ast-science.com.

What is AST SpaceMobile's (ASTS) main business focus according to the announcement?

AST SpaceMobile is building the first and only space-based cellular broadband network that will be directly accessible by everyday smartphones, designed for both commercial and government applications.