Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Investor Presentation (November 2021)
29 slides from Ast Spacemobile's investor presentation, Nov 26, 2021
Slide 1: Transforming how the world connects
i 3S I SpaceMobile Transforming how the world connects yf Nasdaq NASDAQ: ASTS Investor Presentation November 2021
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 Investor Presentation
AST Investor Presentation ast-science.com The Overview The Market The Technology The Update Appendix i) nS 18 27
Slide 4: The Overview
The Overview
Slide 5: SpaceMobile will connect directly to mobile phones
SpaceMobile will connect directly to mobile phones Source: GSMA Intelligence (data as of 3/31/2021). 1. Metric defined as number of subscribers represented by mobile network operators who have agreements and understandings with AST SpaceMobile as of 9/30/2021. Cerecenea aon FAS Tspacomobite Building
Slide 6: SpaceMobile solves a big problem
SpaceMobile solves a big problem 5 billion mobile phones in service today will no longer need to go dark when out of range of cell towers 1. Source: space.com. iescenea Zon FAS Tspacomobite What problem does SpaceMobile solve? Broadband connectivity to existing mobile phones when out of range of cel
Slide 7: AST SpaceMobile technology solution
AST SpaceMobile technology solution 1. Market size based on the sum of 2020A revenues of, included providers, AST SpaceMobile market size based ‘on GSMA estimate of total cellular wireless market spend. eescenea Zon FAS Tspacomobite Differentiated approach compared to existing space-based communicat
Slide 8: Company snapshot
Company snapshot Founder-led leadership and deep team with decades of successful execution 1. Including 301 full-time employees, 47 full-time contractors and 161 employees of 3rd party engineering services providers working on AST SpaceMobile. As of 9/30/2021. Ciescenea aon FAS Tspacomobite 9 Sf, 22
Slide 9: AST SpaceMobile headquarters at Midland International Air & Space Port
AST SpaceMobile headquarters at Midland International Air & Space Port ast-science.com FAS TSpacemobile
Slide 10: The Market
Slide 11: Market opportunity
Market opportunity Significant financial opportunity to change the lives of billions of people around the globe Source: GSMA market data. nat ateneeamn FAS Tspacemonite [AS Tspacemobite Designed to eliminate coverage gaps and enable billions of people globally to stay connected through their mobile
Slide 12: 5.2 billion mobile devices globally
5.2 billion mobile devices globally Source: GSMA intelligence (data as of 12/31/2020). z [AS Tépacemobite ast-science.com Global wireless services market generates over S11 trillion in annual revenue, with a backdrop of evolving and imperfect networks Global Population — 7.8 billion @ Cellular subsc
Slide 13: Connected all the time
connected all the time tetacance.som FAS To pacemobite
Slide 14: How subscribers are expected to use SpaceMobile
How subscribers are expected to use SpaceMobile Service designed to be compatible with the 5 billion existing mobile phones used globally today “4 ast-science.com [AS Tépacemobite Significant flexibility in go-to-market strategy, with multiple potential ways for cellular subscribers to access more a
Slide 15: The Technology
Slide 16: Technology highlights
Technology highlights With 1,600+ patent and patent-pending claims, AST SpaceMobile’s technology provides global broadband service directly to unmodified mobile phones iescenca Zon FAS Tspacomobite XL © Patented Ultra-powerful satellites leveraging existing technologies 2G/3G/4G LTE/5G & NBIoT conne
Slide 17: Space-based low-latency broadband architecture
Space-based low-latency broadband architecture SpaceMobile will offer connectivity from low Earth orbit, akin to cell towers in space iscenea aon FAS Tspacemonite Direct link to unmodified mobile phones and other cellular devices Low- and mid-band frequencies shared with wireless customers on non- i
Slide 18: The Update
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Slide 19: Second facility in Midland, Texas under contract
Second facility in Midland, Texas under contract On October 14", AST SpaceMobile entered into an agreement to purchase a~100,000 sq ft expansion facility in Midland, Texas rap aceneeamn FAS Tspacemonite The new facility, together with additional on-site investment, provides potential capacity to pro
Slide 20: Final assembly, integration, testing and delivery
Final assem bly, Midland facility clean room where final AIT of BlueWalker 3 is being conducted integration, testing and delivery 20 ast-science.com
Slide 21: Final assembly, integration, testing and delivery (cont'd)
Final assembly, integration, testing and delivery (cont’d) apaceneeamn FAS Tspacemonite Second generation launch vehicle adapter Full satellite radio frequency testing Assembly line preparation
Slide 22: Micron assembly line
Micron assembly line BlueWalker 3 micron assembly All BW3 components are now on hand, either purchased from a 3 party or manufactured in house Antenna manufacturing process = T=; SY) apaceneeamn FAS Tspacemonite
Slide 23: BlueWalker 3 micron testing
Thermal testing highly-automated process Radio frequency testin BlueWalker 3 a eS Es micron testing Antenna component testing a] aeaceneeamn FAS Tspacemonite
Slide 24: BlueWalker3 in-orbit plan
BlueWalker3 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 minutes
Slide 25: Q3 2021 key financial metrics
Operating Expenses Capex Q3 2021 key financial $mm $mm t A e— Pre-Transaction —e e——— Post-Transaction ———e metrics $76.6 +13.0 $25.1 +$0.3 ($2.0) $23.1 +$0.4 484.2 age $54.4 #886 $9.6 ($4.7) $12.1 . $0.6 pares ee »1.0 483.6 +#$18.0 +$0.9 see Qi 2021 Q2 2021 Q3 2021 As of 6/30/2021 As of 9/30/2021 ™
Slide 26: AST SpaceMobile differentiation
AST SpaceMobile differentiation ; a ex Only pure play, low Earth orbit (LEO) broadband communications kx company that is publicly-traded ZB, Novel technology solution applicable to a market of 5 billion BD mobile phones and the related $1 trillion TAM 4 oY Jointly going to market, not competing, wit
Slide 27: Appendix
Appendix .
Slide 28: ASTS share count
ASTS share count 1. Following the Business Combination with NPA (closed on April 6, 2021), the Company was organized as an umbrella partnership-C corporation ("Up-C") structure. As a result of the Up-C structure, the Company is a holding company and, ‘accordingly, all the business of AST is held dir
Slide 29: [=> Tspacemobile
[=> Tspacemobile NASDAQ: ASTS
AST SpaceMobile — Investor Presentation (November 2021) on 6ix