Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q2 2022 Earnings Presentation
9 slides from Ast Spacemobile's earnings presentation, Aug 15, 2022
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – Second Quarter 2022 August 15, 2022 ast-science.com
Slide 2: Forward Looking Statements
Forward Looking Statements The information in this presentation and the oral statements made in connection therewith includes “forward-looking statements” for the purposes of federal securities laws that are not historical facts and involve risks and uncertainties that could cause actual results to
Slide 3: Q2 2022 update
AST SpaceMobile is building the first and only global cellular broadband network in space to operate Q2 2022 directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. update Our engineers and space scientists are on a mission to eliminate the connectivity gaps
Slide 4: Technology and industrialization update
Technology and ✓ Fully-assembled BlueWalker 3 (BW3) test satellite delivered to Cape industrialization Canaveral, FL update ✓ Upcoming planned launch, with a launch window for early to mid- September ✓ The next five satellites are in initial phase of component construction, with design based on simi
Slide 5: BlueWalker 3 launch and testing timeline
Path to launch and BW3 in-orbit operations roadmap BlueWalker 3 launch and testing BW3 Launch Milestones timeline July 19 August 9 T: Early to Mid Sep T+2 Months T+6 Months • Transported BW3 to • Transported BW3 to • Planned launch window • BW3 placed into orbit • Cellular broadband direct-to- Calif
Slide 6: Continued business momentum
Continued Added three new operators 1 business new memoranda of understanding signed with additional operators, including Smartfren Telecom (Indonesia) momentum More than 1.8 billion subscribers 2 represented by mobile network operators with whom we have agreements and understandings Source: GSMA In
Slide 7: Second quarter 2022 financial metrics
Second quarter Adj. Operating Expenses 1 Capital Expenditures 2 Liquidity 2022 financial $mm $mm $mm metrics $31.8 +$9.4 $124.3 +$2.4 $114.9 $29.4 $37.7 $253.7 $9.1 +$5.5 +$0.9 $32.2 $8.3 $202.4 +$1.0 $11.6 $10.7 +$3.9 1. See the next slide for a reconciliation. Adjusted $82.7 $86.6 operating expens
Slide 8: Reconciliation to non-GAAP measures – adj. operating expenses
Reconciliation to Adj. operating expenses – 3 months ended non-GAAP ($ in thousands) June 30, ’22 Mar 31, ’22 June 30, ’21 measures – Engineering services 11,999 11,717 5,784 General and administrative costs 13,075 11,643 9,157 adj. operating Research and development costs 9,145 8,281 9,589 Deprecia
Slide 9: NASDAQ: ASTS
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