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.

AST SpaceMobile To Get $300 Million From Tech Giants And Financing is part of Aviation Week Network's complimentary online access.

Register now to view this content, plus receive complimentary access to insights from our experts in the global aerospace, air transport, mro, defense and space and business aviation communities.

Already registered to Aviationweek.com or AWIN? Log in with your existing email and password.

Register    Log in    

Related Content

contrails
GE, NASA Team Up For Contrail Tests
World Energy SAF Facility
DG Fuels To Build SAF Production Facility In Minnesota
GKN Aerospace rendering hydrogen
Hydrogen Fuel Cells Present Challenges, Opportunities For Airframers
JetZero flight deck
JetZero Awards Blended Wing Flight Control System Contracts
Reaction Engines
Reaction Engines Folds After Funding Shortfall
Aviation Week Intelligence Network
Monitor the market and connect your business to the people, programs and proprietary data driving the Aerospace & Defense market - only available with AWIN.

ASD_AWIN_thumbnail_270

Stay Connected.
Stay Informed
Grow Your Business.

Learn How