AST SpaceMobile (Loan)
Funding Details
Awarder
RSS - spacenews.com
Date Award
June 13, 2025
Vertical
Satellite Telecommunications
Funding URL
View Funding Page
Funding Amount
$550,000,000
Company Info
Traction
AST SpaceMobile currently operates five commercial BlueBird satellites and plans to ramp up satellite deployments every one to two months, with beta services expected before the end of the year.
Organizations Involved
AT&T, Verizon, Inmarsat, Ligado Networks, Viasat
Market
Mobile Satellite Services
Location
Tampa, Texas, United States
Company Description

AST SpaceMobile is a Texas-based startup that aims to provide direct-to-smartphone satellite services using its BlueBird satellites in low Earth orbit. The company has secured commitments for a $550 million loan to support its operations and plans to deploy satellites to enable broadband speeds for unmodified smartphones beyond terrestrial networks.

Links
Website
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