Ast Spacemobile, Inc. · NASDAQ:ASTS
Ast Spacemobile — Q4 2024 Earnings Presentation
13 slides from Ast Spacemobile's earnings presentation, Mar 4, 2025
Slide 1: Transforming how the world connects
Transforming how the world connects NASDAQ: ASTS Business Update – Fourth Quarter 2024 March 4, 2025 ast-science.com
Slide 2: Forward Looking Statements
Forward Looking Statements This communication contains “forward-looking statements” that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be id
Slide 3: Building the First and Only Space-Based Cellular Broadband Network
Building the First and Only Space-Based Cellular Broadband Network https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 3 3 ast-science.com
Slide 4: Key Highlights
Key Highlights Significant advancement in commercialization of SpaceMobile network with new commercial agreements with Vodafone and the U.S. Government Achieved full operational status for first five BlueBird commercial satellites, each with the largest-ever commercial communications arrays deployed
Slide 5: Significant Advancement in Commercialization of SpaceMobile Network
Significant Advancement In Commercialization Of SpaceMobile Network POTENTIAL COVERAGE Vodafone definitive commercial agreement through 2034 establishes framework to offer SpaceMobile service across Europe and Africa Plans to form jointly owned Vodafone European distribution entity to accelerate com
Slide 6: Achieved Full Operational Status for First Five BlueBird Commercial Satellites
Achieved Full Operational Status for First Five BlueBird Commercial Satellites USA Successfully conducted capability demonstrations of two-way video call transmission with AT&T, Verizon, and Vodafone using unmodified smartphones in premium low-band wireless spectrum https://www.dropbox.com/scl/fi/qv
Slide 7: Accelerated Satellite Production and Manufacturing
Accelerated Satellite Production and Manufacturing Planning and production of 40 Block 2 BlueBird satellites underway at manufacturing facilities in Midland, Texas Accelerated procurement of components and materials needed to complete fully assembled microns and phased array for over 50 satellites i
Slide 8: Announced Plans for Vodafone European Distribution Entity
Announced Plans for Vodafone European Distribution Entity Long-term partnership dating to 2018 MAR 2025 Announced plans to form joint AST SpaceMobile and Vodafone European Direct-to-Device service provider FEB 2025 Announced plans for University of Málaga launch space and land mobile broadband resea
Slide 9: Spectrum Agreement for Access to up to 45 MHz in U.S.
Spectrum Agreement for Access to up to 45 MHz in U.S. 80+ year usage rights for a large block of a scarce resource of mid-band spectrum Existing low-band 3GPP strategy is enhanced with new potential Enhances potential of growing in-orbit cellular broadband network, expanding mid-band spectrum access
Slide 10: Operating and Capital Metrics
Operating and Capital Metrics Adj. Operating Expenses 1 Capital Expenditures 2 Liquidity 3,4 $M $M $M $979.7 $86.0 $45.3 $40.8 $518.9 $567.5 1. Non-GAAP. See appendix for a reconciliation. Adjusted operating $18.4 https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly
Slide 11: Appendix
Appendix https://www.dropbox.com/scl/fi/qvqhw6dbyxxz27aewn1fp/AST-SpaceMobile-Q2-2024-Quarterly-Business- Update.pptx?rlkey=psp10b3z1tnznjmh366euor0g&st=upegm0cp&dl=0 11 ast-science.com
Slide 12: Reconciliation to non-GAAP Measures – Adj. Operating Expenses
Adj. operating expenses – 3 months ended Reconciliation to ($ in thousands) Dec 31, '24 Sept 30, '24 Dec 31, '23 non-GAAP Engineering services costs 30,945 21,828 19,992 General and administrative costs 15,889 15,551 10,528 Measures – Research and development costs 5,348 14,724 10,766 Depreciation a
Slide 13: ast-science.com
ast-science.com