AST SpaceMobile To Sell More Stock To Raise $75M

BlueWalker
AST SpaceMobile plans to launch test satellite BlueWalker 3 in summer 2022.
Credit: AST SpaceMobile
Space-based cellphone connectivity provider AST SpaceMobile, which went public last year after a deal with a special purpose acquisition company (SPAC), will raise $75 million by selling more stock, the company said May 6. The Midland, Texas, company announced a deal with B. Riley Principal Capital...

Subscription Required

 

AST SpaceMobile To Sell More Stock To Raise $75M is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.