AST SpaceMobile To Get $300 Million From Tech Giants And Financing

Michael Bruno January 19, 2024
SpaceMobile
Credit: SpaceMobile
Cellphone-from-space startup AST SpaceMobile on Jan. 19 announced a long-awaited investment round, garnering $206.5 million in fresh funds via new debt, non-dilutive commercial payments and a planned draw on the company’s credit line. Another $100 million may be raised in gross from selling AST...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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