Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q4 2022 Earnings Presentation
12 slides from Ast Spacemobile's earnings presentation, Mar 31, 2023
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – Fourth Quarter 2022 March 31, 2023 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: AST SpaceMobile is building the first & only space-based cellular broadband network
AST SpaceMobile is Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband building the first & to the billions who remain unconnected only space-based cellular broadband network 3 ast-science
Slide 4: Update since our last call
Update since our last call Currently operating the first and only satellite designed to deliver space-based cellular broadband, with the largest-ever communications array deployed commercially in low Earth orbit Testing of BlueWalker 3 to date has successfully validated key technologies to deliver c
Slide 5: BlueWalker 3 in-orbit milestones
BlueWalker 3 The first and only in-orbit deployment of innovative satellite technology designed for cellular broadband direct to unmodified cell phones in-orbit milestones Stowed View From Orbit Unfolded – Antenna Side Unfolded – Solar Side 5 ast-science.com
Slide 6: BlueWalker 3 test satellite update
BlueWalker 3 test Satellite ✓ Deployed the largest-ever satellite update Deployment commercial communications array in low Earth orbit Initial test results indicate downlink signal strength necessary to reach 5G cellular Satellite ✓ Proven ability to fly and control BW3 broadband speeds Flight Contr
Slide 7: Update on industrialization of our patented technology
Update on We continue to invest in our facilities in Texas and around the world, as we ramp up initial manufacturing and assembly lines for the Block 1 BlueBird satellites industrialization of Headquarters Site 2 our patented technology 7 ast-science.com
Slide 8: Progress on key commercialization milestones
Progress on key Continued customer momentum commercialization ✓ Signed new MOUs with seven leading mobile network operators,(1) including Saudi Telecom, Zain KSA and others milestones ✓ Announced plans to explore potential opportunities to market services and technologies to military and law enforce
Slide 9: Key future milestones to reach initial space-based cellular broadband commercial service
Key future milestones to Joint test results of BlueWalker 3 capabilities with MNO customers and technology partners reach initial space- based cellular Manufacturing and assembly of Block 1 BlueBird satellites at our Texas facilities broadband commercial service Completion of definitive commer
Slide 10: Fourth quarter 2022 financial metrics
Fourth quarter Adj. Operating Expenses 1 Capital Expenditures 2 Liquidity 3 2022 financial $mm $mm $mm metrics $38.5 +$0.6 $39.1 $239.3 $11.3 ($0.9) $10.4 $199.5 $13.2 +$1.3 $14.5 $5.8 $13.5 +$1.2 $14.7 +$4.6 $10.4 1. Non-GAAP. See the next slide for a reconciliation. Adjusted operating expenses is
Slide 11: Appendix: Reconciliation to non-GAAP measures – adj. operating expenses
Appendix: Adj. operating expenses – 3 months ended Reconciliation to ($ in thousands) Dec 31, ’22 Sept 30, ’22 Dec 31, ’21 non-GAAP Engineering services 16,004 14,492 10,842 General and administrative costs 10,698 12,916 11,605 measures – Research and development costs 14,651 13,543 7,949 Depreciati
Slide 12: NASDAQ: ASTS
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