AST SpaceMobile, Inc. (NASDAQ: ASTS), the company building the
first and only space-based cellular broadband network accessible
directly by standard mobile phones, today announced the opening of
its UK headquarters.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210709005103/en/
AST SpaceMobile’s UK headquarters in the
new Space Park Leicester complex. (Photo: Business Wire)
The offices are located in the new Space Park Leicester complex,
a £100 million research, innovation and manufacturing hub for
space-related high-tech companies and researchers in Leicester,
England.
“Our Space Park Leicester office will have business development,
engineering and regulatory team members working to support the
progress and manufacturing of critical subsystems for the
SpaceMobile Constellation,” said Steve Gibson, Managing Director of
AST SpaceMobile UK.
“The University has a well-established record in applying
satellite technology and space-derived data to solve real-world
problems,” said Will Wells, Commercial Director at the University
of Leicester. “We are delighted that AST Space Mobile has chosen
Space Park Leicester as the base for their exciting plans.”
In addition to the UK, the company operates from other global
locations including a corporate headquarters and 85,000 square-foot
satellite assembly, integrating and testing facility in Midland,
Texas, as well as operations in College Park, Maryland, Spain and
Israel.
“The opening of AST SpaceMobile’s UK headquarters marks an
exciting expansion of our international footprint,” said Scott
Wisniewski, Executive Vice President and Chief Strategy Officer of
AST SpaceMobile. “Building our space-based cellular broadband
network is truly a global effort, and our growing presence allows
us to access the best talent from around the world.”
About AST SpaceMobile
AST SpaceMobile is building the first, and only, global
broadband cellular network in space to operate directly with
standard, unmodified mobile devices based on our extensive IP and
patent portfolio. Our team of 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 to the
billions who remain unconnected. Follow AST SpaceMobile on Twitter
@AST_SpaceMobile, LinkedIn, and for an overview on the SpaceMobile
mission, view this video.
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 identified by the use of forward-looking terminology,
including the words “believes,” “estimates,” “anticipates,”
“expects,” “intends,” “plans,” “may,” “will,” “would,” “potential,”
“projects,” “predicts,” “continue,” or “should,” or, in each case,
their negative or other variations or comparable terminology. These
forward-looking statements include, without limitation, statements
concerning AST SpaceMobile’s expectations with respect to future
performance and market size.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside AST SpaceMobile’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: (i) expectations regarding AST SpaceMobile’s strategies
and future financial performance, including AST’s future business
plans or objectives, expected functionality of the SpaceMobile
Service, anticipated timing and level of deployment of satellites,
anticipated demand and acceptance of mobile satellite services,
prospective performance and commercial opportunities and
competitors, the timing of obtaining regulatory approvals, ability
to finance its research and development activities, commercial
partnership acquisition and retention, products and services,
pricing, marketing plans, operating expenses, market trends,
revenues, liquidity, cash flows and uses of cash, capital
expenditures, and AST’s ability to invest in growth initiatives;
(ii) the negotiation of definitive agreements with mobile network
operators relating to the SpaceMobile service that would supersede
memoranda of understanding; (iii) the ability to recognize the
anticipated benefits of the business combination, which may be
affected by, among other things, competition, the ability of AST
SpaceMobile to grow and manage growth profitably and retain its key
employees; (iv) changes in applicable laws or regulations; (v) the
possibility that AST SpaceMobile may be adversely affected by other
economic, business, and/or competitive factors; (vi) the outcome of
any legal proceedings that may be instituted against AST
SpaceMobile; and (vii) other risks and uncertainties indicated in
the proxy statement, including those under the section entitled
“Risk Factors” in the Definitive Proxy Statement relating to the
business combination, and in the Company’s other filings with the
SEC.
AST SpaceMobile cautions that the foregoing list of factors is
not exclusive. AST SpaceMobile cautions readers not to place undue
reliance upon any forward-looking statements, which speak only as
of the date made. For information identifying important factors
that could cause actual results to differ materially from those
anticipated in the forward-looking statements, please refer to the
Risk Factors section of the Definitive Proxy Statement relating to
the business combination. AST SpaceMobile’s securities filings can
be accessed on the EDGAR section of the SEC’s website at
www.sec.gov. Except as expressly required by applicable securities
law, AST SpaceMobile disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210709005103/en/
Investor Contact: Scott Wisniewski
investors@ast-science.com
Media Contact: Brandyn Bissinger press@ast-science.com +1
866 845 6521
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