Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Investor Presentation (August 2022)
27 slides from Ast Spacemobile's investor presentation, August 2022
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Investor Presentation August 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: SpaceMobile will connect directly to mobile phones
SpaceMobile will Building the first and only space-based cellular broadband network connect directly to Giant total addressable market Global wireless services market generates over $1.1 trillion in annual revenue via 5.3 billion mobile phones and devices mobile phones Revolutionary tech, over 2,400
Slide 4: AST SpaceMobile technology solution
AST SpaceMobile Differentiated approach compared to existing space-based communications technology First & Only Direct via Indirect via solution Broadband Direct Proprietary Complex, Expensive To Mobile Phones Mobile Phones Hardware 1. Market size based on the sum of 2020A revenues of included provi
Slide 5: Company snapshot
• 25+ years space industry experience Abel Avellan Global Infrastructure • Co-inventor of 18 U.S. Patents Company snapshot Chairman and CEO • Former Founder and CEO of EMC (Emerging Markets Comms.) until $550mm sale in 2016 • Provided initial seed capital for AST SpaceMobile • 25+ years senior manag
Slide 6: Manufacturing and assembly, integration & testing
Manufacturing and Two locations in Midland, Texas with combined 185,000 sq ft with potential capacity to produce up to 6 satellites per month assembly, integration & Headquarters Site 2 testing 6 ast-science.com
Slide 7: The Market
The Market 7 ast-science.com
Slide 8: Market opportunity
Market opportunity Designed to eliminate coverage gaps and enable billions of people globally to stay connected through their Significant opportunity to change the lives of mobile phones billions of people around the globe Source: GSMA market data as of 12/31/2021. $1.1 Trillion+ global mobile wirel
Slide 9: 5.3 billion mobile phones and devices globally
5.3 billion Global wireless services market generates over $1.1 trillion in annual revenue, with a backdrop of evolving and imperfect networks mobile phones Global Population – 7.9 billion and devices globally 3.7bn 5.3bn move in and out 5.3 billion of coverage as unique cellular they live, work sub
Slide 10: Everyone connected all the time
Everyone connected all the time 10 ast-science.com
Slide 11: How subscribers are expected to use SpaceMobile
How subscribers Significant flexibility in go-to-market strategy, with multiple potential ways for cellular subscribers to access more and better connectivity are expected to use SpaceMobile Day Pass Subscribers receive a text on their phone asking if (Ad-Hoc) they would like to turn on SpaceMobil
Slide 12: Critical MNO relationships
Critical MNO When operational, SpaceMobile service will be available to our MNO customers, a growing list of leading companies that have over 1.8 billion existing subscribers 1 relationships Source: GSMA Intelligence (data as of 12/31/2021). 1. Metric defined as number of subscribers represented by
Slide 13: The Technology
The Technology 13 ast-science.com
Slide 14: Technology highlights
Technology Patented highlights Ultra-powerful satellites leveraging existing technologies 2G/3G/4G LTE/5G & NBIoT connectivity With 2,400+ patent and patent-pending claims (as of 8/15/2022), AST SpaceMobile’s technology is No modifications to standard designed to provide global broadband service dir
Slide 15: Satellite-to-cellular architecture
SpaceMobile network designed to closely mirror terrestrial cellular architecture Satellite-to-cellular architecture Satellites in low Earth orbit offer low-latency and attractive look angles Large satellites designed to create over 1 million fixed terrestrial cells globally with broadband capacity L
Slide 16: BlueWalker 3 Test Satellite
BlueWalker 3 Test Satellite 16 ast-science.com
Slide 17: The Update
The Update 17 ast-science.com
Slide 18: 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 19: BlueWalker 3 in-orbit plan
BlueWalker 3 in-orbit plan • Size: 693 square-foot phased array • We believe BW3 will be one of the largest phased array antenna deployed into low Earth orbit • Target Altitude: low Earth orbit • Target Orbit: 53 degrees inclined • Expected Speed: ~25,000 km/h (~17,000 mph) • Expected to circle the
Slide 20: 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 21: 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 22: 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 23: AST SpaceMobile differentiation
AST SpaceMobile differentiation Only pure play, low Earth orbit (LEO) broadband communications company that is publicly-traded Novel technology solution applicable to a market of 5.3 billion mobile phones and devices and the related $1.1 trillion+ TAM 1 Jointly going to market, not competing, with m
Slide 24: Appendix
Appendix 24 ast-science.com
Slide 25: ASTS share count
ASTS share count Shares 5 millions Comment Class A common stock 53.2 Publicly-traded shares Class B common stock 1,2 51.6 Series A / B shares Class C common stock 1,2 78.2 Abel Avellan 3 shares Total basic shares 183.0 1. Following the Business Combination with NPA on April 6, 2021, the Company was
Slide 26: Reconciliation to non-GAAP measures – adj. operating expenses
Reconciliation to Adj. operating expenses – 3 months ended non-GAAP ($ 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 27: NASDAQ: ASTS
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