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Is there a delay? I received a proxy vote asking for a 3 month extension.
Hell ya .. choo choo
I’d like to see some for 2023 :)
Options! They got options!
Looks like this one's coming back to life. Hope it stays asleep for a bit more, so APXT and BFT have time to mature, lol relatively speaking. I'd love to buy more NPAW and FCACWs with those profits.
Npa, has a mou with at&t for 160 satellites service ...
AT&T has over 150 m users ...
That’s potential billion sin revenue just with at&t ....
MIND BLOWN
This thing about to never look back ...ijs
Let’s f goooooo
Yes sir tucked away ...
My long term pick.
I have a top 10 long term stocks and this is in at # 9.
Altiostar flagged as supplier for Vodafone partner AST SpaceMobile
Altiostar, which recently emerged as an open radio access network (RAN) supplier for VodafoneZiggo in the Netherlands (Vodafonewatch, #190), could be set to play a role in the Vodafone-backed satellite venture AST SpaceMobile.
Tareq Amin, Chief Technology Officer of Japan-based operator Rakuten Mobile, indicated in a LinkedIn post that for Japan, Altiostar “will provide the vRAN SW [virtual RAN software] workload for AST”.
Altiostar, AST & Science — the company behind AST SpaceMobile — and Abel Avellan, Chairman and Chief Executive of AST & Science, did not respond to a request for comment prior to publication.
As things stand, AST & Science has named NEC Platforms, a subsidiary of Japan-based NEC Corporation, as a vendor partner for SpaceMobile with a focus on manufacturing space modules for the US-based venture’s low-earth-orbit (LEO) satellites.
Altiostar and NEC are partners of Vodafone as well as Rakuten Mobile, whose parent company Rakuten is another key backer of the SpaceMobile venture.
Indeed, NEC has emerged as an open RAN integration frontrunner for Vodafone, which is also working with Mavenir Systems and Parallel Wireless in the open RAN field and is a leading advocate of the OpenRAN Project Group within the Telecom Infra Project.
Avellan also tweeted in early-January 2021 that BlueWalker 3, a prototype satellite for the SpaceMobile constellation, is on track to be launched in 2021. The satellite is being built by AST SpaceMobile at their facility in Midland, TX.
Space age
As well as being one of AST?SpaceMobile’s key commercial partners, Vodafone has a stake in AST?&?Science, as revealed by Vodafonewatch earlier in 2020 (Vodafonewatch, #182 and #184).
In mid-December 2020, AST SpaceMobile and the Group confirmed plans to launch the first phase of the space-based mobile communications service in 2023. The aim is to connect standard mobile phones at 4G and 5G speeds using AST SpaceMobile’s satellite network.
The Democratic Republic of Congo, Ghana, Kenya, Mozambique, and Tanzania have been named as among the first countries to receive the service. AST SpaceMobile said it will also apply for regulatory approval to launch the service in India.
The first tranche of the launch plan will involve the use of 20 satellites “that can be accessed by 1.6 billion people”. Vodafone indicated that it “will integrate the technology into the services provided by its Vodacom, Safaricom and Vodafone brands”.
Going public
AST?&?Science is aiming to become a public company under AST SpaceMobile through a business combination with New Providence Acquisition Corp., with an estimated enterprise value of $1.4bn (£1bn/€1.14bn) and equity of $1.8bn. It will be listed on NASDAQ under the ticker symbol ‘ASTS’. The transaction is expected to close in the first quarter of 2021.
Through this transaction, the provider is on track to raise up to $462m in “necessary funding to take the venture to this next stage, which will cover the 49 largest countries in the equatorial regions”.
The funding will be made up of $232m in cash from New Providence Acquisition and a $230m private placement investment at $10 per share, including investments from American Tower, Rakuten, and Vodafone, as well as “new financial investors including UBS O’Connor and a broad base of financial institutions”.
It was also noted that existing shareholders American Tower, Cisneros, Rakuten, and Vodafone will increase their equity holding through participation in the private placement investment.
https://www.telcotitans.com/vodafonewatch/altiostar-flagged-as-supplier-for-vodafone-partner-ast-spacemobile/2686.article
Space-based mobile network coming to equatorial Africa in 2023
Mobile users in equatorial Africa could be tapping into a new space-based mobile network by 2023, thanks to new technology from US-based startup AST SpaceMobile.
http://www.connectingafrica.com/author.asp?section_id=761&doc_id=766383
AST partners with Vodafone for satellite mobile network
Paris, 31 December 2020. – AST & Science, the telco start-up that wants to go public and list at Nasdaq next year, partners with Vodafone to launch the first phase of its space-based commercial mobile communications service AST SpaceMobile in 2023.
The company has secured the necessary funding to take the venture to this next stage, where it intends to cover the 49 largest countries in the equatorial regions, AST said.
“AST SpaceMobile will be the first service of its kind to connect standard mobile phones at 4G and 5G speeds using AST SpaceMobile’s patented space-based network. Today, more than five billion mobile subscribers constantly move in and out of wireless coverage, and AST SpaceMobile’s solution will fill these coverage gaps to enable people to stay connected whilst on the move,” the company said.
The first tranche of AST’s launch plans involves the use of 20 satellites. The service will initially target an area North and South of the equator, including rural and remote areas of a number of markets where Vodafone will integrate the technology into the services provided by its Vodacom, Safaricom and Vodafone brands. Subject to regulatory approval in each market, these will include DRC; Ghana; Mozambique; Kenya; and Tanzania. AST SpaceMobile will also apply for regulatory approval to launch the service in India.
Texas-based AST wants to list on Nasdaq through an agreement with the special purpose acquisition company (SPAC) New Providence. The company is setting its equity value at $1.8 million.
https://spacewatch.global/2020/12/vodafone-and-ast-spacemobile-unveil-launch-plans-for-space-based-mobile-network/
With SpaceX winning RDOF funds, 2021 could be the year satellite broadband lifts off
2021 could be the year when the United States finally gets serious about closing the digital divide. And satellite might end up playing a big role.
In early December, the Federal Communications Commission (FCC) published the results of its Rural Digital Opportunity Fund (RDOF) Phase I auction. RDOF represents more than $20 billion for service providers and their vendor partners to build broadband connections in rural and unserved areas across the U.S. The Phase 1 RDOF auction allocated $9.2 billion, and the Phase 2 auction will make $11.2 billion in funds available.
Surprisingly, SpaceX garnered $885 million in the Phase 1 auction. SpaceX has committed to use the money to bring its Starlink broadband satellite service to 642,925 rural homes and businesses across 35 states.
FREE DAILY NEWSLETTER
https://www.fiercewireless.com/tech/spacex-winning-rdof-funds-2021-could-be-year-satellite-broadband-lifts-off
AST's existing shareholders, a group that includes Vodafone (NASDAQ:VOD) and American Tower (NYSE:AMT), will increase their equity holdings as part of the transaction.
Space-Based Internet Start-Up AST to Go Public via SPAC Deal
The company's tech promises to deliver broadband speeds to cellphones without any additional equipment.
Dec 16, 2020 at 1:25PM
Author Bio
AST & Science, a company trying to deliver broadband-speed internet to smartphones without any additional equipment, is jumping on the SPAC train, agreeing to a deal with special purpose acquisition company New Providence Acquisition (NASDAQ:NPA) that would take the company public.
AST is developing a constellation of satellites it calls SpaceMobile that it says will allow terrestrial phones to access 5G broadband speeds. There are a number of existing services that offer high-speed internet from space, including Iridium and SpaceX's Starlink service, but all existing options require special satellite phones or expensive base stations to access the networks.
Abel Avellan, the CEO of AST, issued this statement: "Universal broadband access has become a global necessity, and we are uniquely positioned to leverage our innovative technology solution and efficient business model to democratize broadband cellular access across the globe. Building on the strong investor support we have received in the private markets, we are thrilled to partner with New Providence and transition AST SpaceMobile to a public company, which will solidify our financial profile as we continue to execute on our vision."
The company was founded in 2017 and has raised about $100 million in start-up capital. AST has one test satellite in orbit today, and plans to begin commercial launches in 2022 hoping to have its operations up and running by 2023.
Terms of the deal call for AST to merge with New Providence, with the combination also securing $230 million in a private placement investment. Post-merger, the combination, which will keep the AST name and trade under the ticker ASTS, will have an equity value of $1.8 billion and about $540 million in total capital. That's enough to build and launch its first round of satellites and develop its ground infrastructure.
AST's existing shareholders, a group that includes Vodafone (NASDAQ:VOD) and American Tower (NYSE:AMT), will increase their equity holdings as part of the transaction.
AST is the third space-focused company to go public via a SPAC merger in the last year, joining Virgin Galactic Holdings and Momentus, which has a deal in place to merge with Stable Road Capital.
Thanks for providing all those links.
From the presentation I only see one competitor, LEO systems. Is that correct? Do they have any satelites in the air?
Are there any other competitors?
Where will NPA be income producing?
Thanks in advance for your help.
Going to be huge. The price today will be nothing compared to the next ten years.
Hell ya me to ... :)
Whoop! Thought for a couple days this wasn't going to start moving. I know we're still a ways from the real fun, but I'll feel better waiting for it in the $14s.
Looking good here
thats what i put in....
So I am looking at putting in 5 k. You think that's a good amount to do
I think long term , hold ....
But if they are successful I can see millions using this feature ...
Are there going be verticals ? , Tracking , media , streaming , gov contracts , list goes on ....,
Are u super bullish on this one
So are you super bullish on this. Is 12.10 still a good buy. I think this could be big as well long term hold
Can’t wait , going to be huge ....
One of the few companies that I know of that has a product that is needed by every person in every developed country (and a lot of the people in the un-developed countries as well).
:) going to take time but should be huge , $1 from every sell phone user a month billions in revs per month possible .. ijs
Going to the MOON ...
Merger company >> https://ast-science.com/
NEWS
1.
https://ast-science.com/2020/12/16/vodafone-and-ast-spacemobile-unveil-launch-plans/
2.
https://ast-science.com/2020/12/11/nec-to-manufacture-satellite-modules/
3.
https://ast-science.com/2020/11/19/senate-supports-next-gen-satcom/
Investor Presentation
https://www.npa-corp.com/wp-content/uploads/2020/12/AST_SpaceMobile_Investor_Presentation_Public_12-15-20.pdf
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