Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q3 2021 Earnings Presentation
21 slides from Ast Spacemobile's earnings presentation, Nov 15, 2021
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – Third Quarter 2021 November 15, 2021 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: Market opportunity
Market opportunity Designed to eliminate coverage gaps and enable billions of people Significant financial opportunity globally to stay connected through their to change the lives of billions mobile phones of people around the globe Source: GSMA market data. $1 Trillion global mobile wireless servic
Slide 4: 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 trillion in annual revenue via 5 billion mobile devices mobile phones Revolutionary tech, over 1,600 patent & paten
Slide 5: Update
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Slide 6: AST SpaceMobile headquarters at Midland International Air & Space Port
AST SpaceMobile 85,000 sq ft facility with potential capacity to produce up to 2 satellites per month headquarters at Midland International Air & Space Port 6 ast-science.com
Slide 7: Second facility in Midland, Texas under contract
Second facility in The new facility, together with additional on-site investment, provides potential capacity to produce 6 spacecraft per month with highly automated processes Midland, Texas under contract On October 14th, AST SpaceMobile entered into an agreement to purchase a ~100,000 sq ft expans
Slide 8: Final assembly, integration, testing and delivery
Final assembly, Midland facility clean room where final AIT of BlueWalker 3 is being conducted integration, testing and delivery 8 ast-science.com
Slide 9: Final assembly, integration, testing and delivery (cont'd)
Second generation launch Final assembly, vehicle adapter Assembly line preparation Full satellite radio frequency testing integration, testing and delivery (cont’d) Vibration testing Satellite container arrives 9 ast-science.com
Slide 10: BW3 micron assembly
Micron assembly line BW3 micron assembly All BW3 components are now on hand, either purchased from a 3rd party or manufactured in house Antenna manufacturing process Micron 10 ast-science.com
Slide 11: BW3 micron testing
Thermal testing highly-automated process Radio frequency testing BW3 micron testing Antenna component testing 11 ast-science.com
Slide 12: BlueWalker 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 • Altitude: ~400 kilometers (~250 miles) • Orbit: 53 degrees inclined • Speed: ~25,000 km/h (~17,000 mph) • Circle the Earth every ~90 minute
Slide 13: Launch provider flexibility
Launch provider flexibility Configuration supports compatibility with several leading launch vehicles, and the forecasted pipeline of new heavy-launch vehicles should present additional transportation options for the planned constellation Source: Company websites, press and Wall Street research. Lau
Slide 14: Business
Business 14 ast-science.com
Slide 15: 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 16: 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 billion mobile phones and the related $1 trillion TAM1 Jointly going to market, not competing, with mobile network 1. A
Slide 17: 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 18: Continued business momentum
Continued Commercial and organizational progress in parallel with technology and industrialization business momentum New MOUs signed with: 1.5 billion subscribers Commercial MTN Group represented by mobile YTL (Malaysia) network operators with Somcable (Somaliland) whom we have agreements and MOUs 1
Slide 19: Financial Results
Financial Results 19 ast-science.com
Slide 20: Q3 2021 key financial metrics
Q3 2021 Operating Expenses Capex key financial $mm $mm metrics Pre-Transaction +13.0 $25.1 Post-Transaction $76.6 +$0.3 $0.5 ($2.0) $23.1 +$0.4 $0.9 +$4.2 $19.9 $9.6 ($4.7) $4.9 $54.4 +$8.6 $15.7 $12.1 $0.6 +$0.1 $9.3 $1.0 +$3.6 $9.2 +$18.0 $56.7 $5.5 $38.7 +$2.2 $8.0 $4.9 +$0.9 $5.8 Q1 2021 Q2 2021
Slide 21: NASDAQ: ASTS
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