AST SpaceMobile Reports Multi-Launch Agreement with SpaceX for Planned Direct to Cell Phone Connectivity | Financial Buzz

AST SpaceMobile Reports Multi-Launch Agreement with SpaceX for Planned Direct to Cell Phone Connectivity

AST SpaceMobile, Inc. (NASDAQ: ASTS) has reported signature on a multi-launch agreement with Space Exploration Technologies Corp. (SpaceX) The agreement includes launch of the BlueWalker 3 test satellite and the launch of the first BlueBird satellite while providing a framework for future launches.  “This agreement secures the availability for a reliable launch of our first production satellites out of the U.S.,” said AST SpaceMobile Founder, Chairman and CEO Abel Avellan. “Our summer launch of BlueWalker 3 will complete the development phase for our company. We have also been industrializing our technology and preparing for the launch of the BlueBird satellites, with this agreement as a key step.” 

The BW3 satellite will launch from Cape Canaveral on a Falcon 9 communicate directly with cell phones via 3GPP standard frequencies.  BlueBird satellites are designed to be compatible with the Falcon 9 vehicle, including other existing and planned industry launch vehicles. 

AST SpaceMobile strives to eliminate the connectivity gaps between today’s five billion mobile subscribers moving in and out of coverage zones while bringing cellular broadband to half of the world’s population that remain unconnected.  Some of the partners in this effort include Vodafone, American Tower an Rakuten Mobile.

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