AST SpaceMobile, Inc. ASTS

What this company does

The SpaceMobile Service is designed to provide cost-effective, high-speed cellular broadband to end users who are outside terrestrial cellular coverage, using their existing mobile devices. The company has commercial agreements with major mobile network operators including AT&T, Verizon, Vodafone and Saudi Telecom Company, and partnerships with more than 50 MNOs serving nearly 3 billion subscribers worldwide. AST SpaceMobile is headquartered in Texas, where it operates satellite assembly, integration and test facilities, with additional engineering, development and production centers in the United States, India, Scotland, Spain and Israel. As of December 31, 2025, the company employed approximately 1,126 full-time and part-time employees worldwide, about 708 of them in the United States and about 418 in other jurisdictions, primarily Scotland, Spain, India and Israel. The SpaceMobile Service has not yet launched and has therefore not generated revenue, though the company has recognized revenue from U.S. government agreements and from selling gateway equipment, software and related services to mobile network operators. The company also pursues government applications, entering into agreements with the United States government, directly or through prime contractors, to perform testing and other tasks using its BlueBird satellites.

Written from the business description in AST SpaceMobile, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.