AST SpaceMobile Announces Teaming Agreement with Fairwinds Technologies
AST SpaceMobile Inc. (NASDAQ: ASTS) has announced a teaming agreement with Fairwinds Technologies LLC to explore joint marketing opportunities for space-based cellular broadband services aimed at military and law enforcement agencies. This collaboration aims to address the operational need for high bandwidth, low latency, and secure communications in areas lacking reliable cellular coverage. The partnership will leverage AST SpaceMobile's satellite technologies, potentially enhancing tactical military communication capabilities. The company focuses on bridging connectivity gaps for over 5 billion mobile subscribers globally.
- Teaming agreement with Fairwinds Technologies to explore military market opportunities.
- AST SpaceMobile's satellite technology may enhance tactical military communications.
- Focus on addressing connectivity gaps for over 5 billion mobile subscribers.
- None.
Companies to Explore Potential Opportunities to Jointly Market AST SpaceMobile’s Planned Services and Innovative Satellite Technologies to Military and Law Enforcement Agencies
Fairwinds develops innovative end-to-end communications solutions for the defense community and public sector agencies. Military forces have an operational need for high bandwidth, low latency and secure communications but often operate in areas without existing, trusted cellular coverage.
"Our space-based cellular broadband network is being designed to offer new capabilities, including potential applications for the
Fairwinds is a
"Focusing on next-generation and space-based communications technologies that address network resiliency, 4G/5G competitiveness and Positioning, Navigation and Timing (PNT) is vital. AST SpaceMobile’s network is being designed to offer potential solutions for these needs,” said
AST SpaceMobile’s mission is to eliminate the connectivity gaps faced by today’s five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. The company has entered into agreements and understandings with mobile network operators, who collectively have over 2 billion mobile subscribers.
About
About Fairwinds Technologies
Fairwinds Technologies designs and integrates communications, networking and information technology solutions to serve defense and civilian agencies around the world. Combining innovative products with specialized services, Fairwinds Technologies strives to meet critical needs, no matter the mission. Founded in 2016, Fairwinds Technologies is a small business. For more information, please visit fairwinds-tech.com.
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
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
The planned testing of the BlueWalker 3 (“BW3”) test satellite may not be completed due to a variety of factors, which could include loss of satellite connectivity, destruction of the satellite, or other communication failures, and even if completed as planned, the BW3 testing may indicate adjustments that are needed or modifications that must be made, any of which could result in additional costs, which could be material, and delays in commercializing our service. The production and launch of our BlueBird satellites may not be completed as currently contemplated due to a variety of factors, which could include results of BW3 testing, challenges in completing our assembly and production facility, launch difficulties, or supply chain shortages, any of which could result in additional costs or delays, which could be material. If there are delays or issues with our testing of BW3 or production and launch of BlueBird satellites, it may become more costly to raise capital, if we are able to do so at all.
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Investor Contact:
investors@ast-science.com
Media Contact:
press@ast-science.com
+1 866 845 6521
Fairwinds Technologies Contact:
aimee.taylor@fairwinds-tech.com
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