AST SpaceMobile, Inc. (ASTS) Q3 2023 Earnings Name Transcript

AST SpaceMobile, Inc. (NASDAQ:ASTS) Q3 2023 Earnings Name Transcript November 14, 2023 5:00 PM ET

Firm Contributors

Scott Wisniewski – Chief Technique Officer

Abel Avellan – Chairman and CEO

Sean Wallace – CFO

Convention Name Contributors

Benjamin Soff – Deutsche Financial institution

Griffin Boss – B. Riley Securities


Good day, and thanks for standing by. Welcome to the AST SpaceMobile Third Quarter 2023 Enterprise Replace Name. Please be suggested that as we speak’s convention is being recorded.

I’d now like handy the convention over to your host as we speak, Scott Wisniewski, Chief Technique Officer of AST SpaceMobile. Please go forward.

Scott Wisniewski

Thanks, and good afternoon, everybody. Let me refer you to Web page 2 of the presentation, which accommodates our secure harbor disclaimer. Throughout as we speak’s name, we could make sure forward-looking statements. These statements are primarily based on present expectations and assumptions, and consequently, are topic to dangers and uncertainties. Many components may trigger precise occasions to vary materially from the forward-looking statements on this name.

For extra details about these dangers and uncertainties, please confer with the Threat Components part of AST SpaceMobile’s annual report on Type 10-Ok for the yr that ended December 31, 2022, filed with the Securities and Alternate Fee and different paperwork filed by AST SpaceMobile with the SEC now and again. Readers are cautioned to not put undue reliance on forward-looking statements, and the corporate particularly disclaims any obligation to replace the forward-looking statements which may be mentioned throughout this name.

Additionally, after our preliminary remarks, we will likely be beginning our Q&A piece with questions submitted upfront by our shareholders. Now referring to Web page 3. For these of you who could also be new to our firm and our mission, there are over 5 billion cell phones in use as we speak around the globe, however many people

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