Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q3 2024 Earnings Presentation
12 slides from Ast Spacemobile's earnings presentation, Nov 14, 2024
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – Third Quarter 2024 November 14, 2024 ast-science.com 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: Building the First and Only Space-Based Cellular Broadband Network
Building the First and Only Space-Based Cellular Broadband https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Network Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 3 3 ast-science.com ast-science.com
Slide 4: Key Highlights
Key Highlights First five commercial BlueBird satellites achieved successful initial operations and filed Special Temporary Authority (STA) request with FCC to begin beta service with AT&T and Verizon Secured orbital launch capacity to enable continuous space-based cellular broadband service coverag
Slide 5: First Five Commercial BlueBird Satellites Achieved Successful Initial Operations
First Five Commercial BlueBird Satellites Achieved Successful Initial Operations https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 Mission launch September 12th BlueBird array unfold #1 BlueBi
Slide 6: Secured Orbital Launch Capacity to Enable Continuous Space-Based Cellular Broadband Service Coverage
Secured Orbital Launch Capacity to Enable Continuous Space-Based Cellular Broadband Service Coverage Launch agreements with Blue Origin, ISRO, and SpaceX to deliver AST SpaceMobile’s next-generation Block 2 BlueBirds Targeting continuous coverage in U.S., Europe, Japan, the U.S. Government https://w
Slide 7: Expanded the AST SpaceMobile Customer Ecosystem, Adding Three New Contract Awards With U.S. Government
Expanded the AST SpaceMobile Customer Ecosystem, Adding Three New Contract Awards With U.S. Government https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 Selection by the Space Development Agen
Slide 8: Continued Commercial Progress with Our Global Partners
Continued Commercial Progress with Our Global Partners 45+ MNOs These MNOs have https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 2.8+ billion Subscribers globally potential coverage Strategic
Slide 9: Operating and Capital Metrics
Operating and Adj. Operating Expenses 1 Capital Expenditures 2 Liquidity 3 Capital Metrics $M $M $M $518.9 $45.3 $34.6 $18.4 $287.6 1. Non-GAAP. See appendix for a reconciliation. Adjusted operating https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- expe
Slide 10: ast-science.com
ast-science.com
Slide 11: Appendix
Appendix https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 11 ast-science.com ast-science.com
Slide 12: Reconciliation to non-GAAP Measures
Adj. operating expenses – 3 months ended Reconciliation to ($ in thousands) Sept 30, '24 June 30,'24 Sept 30, '23 non-GAAP Engineering services costs 21,828 21,202 19,523 General and administrative costs 15,551 17,839 10,995 Measures – Research and development costs 14,724 4,460 9,418 Depreciation a