🛫Tony 🅰️pps 🦑

$ASTS: 🔥 Majority of Japan’s $1B J-LEO subsidy to be disbursed in 2027 😁

$ASTS: WE ARE KEEPING +90% of the economics of J-LEO service outside of Japan 😳🔥💪

$ASTS: Perhaps the most bullish thing I've ever seen 🤩

$ASTS: If you’re short, this is your chance to cover before you get run over ASICs are getting pulled forward 😂

$ASTS: AST SPACEMOBILE CATALYST MONITOR Upcoming Catalysts: ☑️BB14 - BB16 Launch Aboard Falcon 9 ☑️BB17 - BB19 Delivery to Florida and Launch on Falcon 9 ☑️Further Block-2 Launches ☑️Initial Beta Service w/ AT&T, FirstNet, Verizon, Vodafone, Rakuten, Bell Canada, Telus, Saudi Telecom in 2026 ☑️Pursuit of L- and S-Band Spectrum Licenses Globally ☑️Golden Dome (Shield, Noble) ☑️Execution of other DoW, SDA, DIU, and other Military Awards ☑️Achievement of ~200Mbps Performance for Block-2 Sats ☑️Executing MLAs w/ FireFly, United Launch Alliance, Ariane, Mitsubishi, Relativity and others ☑️FCC Approval of Ligado Modification Application ☑️Deutsche Telekom Joining Satellite Connect Europe JV ☑️T-Mobile Definitive Commercial Agreement ☑️Deutsche Telekom Definitive Commercial Agreement ☑️Restart of Blue Origin New Glenn Operations ☑️FirstNet Definitive Commercial Agreement ☑️Execution of more Definitive Commercial Agmts w/ Prepaid Revenue and/or Investment w/ More ~60 global MNOs ☑️Rakuten+AST SpaceMobile Allocation of 2GHz MSS Spectrum in Japan ☑️EU Allocation of 2GHz MSS Spectrum to Satellite Connect Europe and AST SpaceMobile ☑️Updates on Google Services Agmt Partnership ☑️Partnership with Meta ☑️Initiation of Research Coverage by JP Morgan, Morgan Stanley, Goldman Sachs, others ☑️Expansion of 17x contracts w/ Department of Defense, Space Development Agency, Defense Innovation Unit, Missile Defense Agency and more ☑️Progress on 17 to 51 Block-2 BlueBirds in Currently in Production ☑️Proposal for PNT Service Accepted by FCC as Alternative to GPS ☑️Securing +$500M of EXIM and IFC non-dilutive Funding ☑️Securing JBIC non-dilutive Funding for Rakuten Joint Venture ☑️FCC 5G Fund Grant ☑️Strategic Partnerships and Investments to Focus on AI Data Center Opportunity ☑️Updates on AI Edge Computing & Spectrum Management w/ Rakuten ☑️Inaugral Blacklift Launch Vehicle Flight ☑️Catalysts the SpaceMob have yet to Contemplate Recently Completed Milestones: ✅$1B J-LEO Definitive Formation of JV w/ Rakuten ✅$1.3B Transaction with FireFly to Jointly Development Blacklift Launch Vehicle Capable of Carrying 5x BlueBirds to LEO ✅Multi-Launch Agreements Secured for +100 Satellites Over 2027 and 2028 ✅Secured Further Launches for US Government Missions Alongside Defense Priorities and Allocations System Priorities (DPAS) Program ✅Awarded US Space Force Contract Through STR for Space-Based Sensing Capabilities ✅AT&T and AST SpaceMobile Achieve Industry's First Successful Handoff Between Ground-Based Cellular Network and Direct-to-Device Satellite Network ✅Ongoing Testing of 900MHz Spectrum for Military Applications with US Space Development Agency, Space Force and Department of War ✅Awarded 20+30MHz of S-Band Spectrum in Chile ✅AT&T Verizon T-Mobile Joint Venture Definitive Agreement ✅BB14 - BB16 Delivery to Florida ✅US State Department and Japanese Government Commend AST and Rakuten Satellite Infrastructure Work ✅Brazilian Regulator Anatel Approved AST SpaceMoble for Commercial Service and Allocated 15+15MHz of S-Band Spectrum ✅US State Department and Japanese Government Commend AST and Rakuten Satellite Infrastructure Work ✅Hired Chief Commercial Officer Wayne Thorsen from SiriusXM ✅BB11 - BB13 Deployment and Confirmation of Operations ✅Rakuten AST file for 136x J-LEO Satellite Constellation through Japan at the ITU ✅AST and Vodafone file for 355x Satellite Constellation through Germany at the ITU ✅US Space Development Agency Confirms Testing of BlueBird Satellites for Radar/Sensing Applications for US Space Force and Department of War ✅AST SpaceMobile Testing Service with Deutsche Telekom ✅BB11 - BB13 Launch on Falcon 9 ✅Raised $1.15B 1.625% Convertible Note resulting in $3.8B of Pro Forma Cash ✅BB8 - BB11 Deployment and Confirmation of Operations ✅Midland Development Corp Approval of Economic Development Agmt for 400,000 sqft Expansion w/ $66M in Incentives ✅Raised $1.15B 1.625% Convertible Note resulting in $3.7B Pro Forma Cash ✅BB8 - BB10 Launch on Falcon 9 ✅Reached +3,900 Patent & Patent pending Claims ✅AT&T, Verizon and T-Mobile Joint Venture Formation ✅Achieved 99Mbps performance with Block-1 BlueBird ✅ FCC Approval for Full US SCS Commercial Service ✅$45M Verizon Commercial Prepayment Unlocked ✅BB7 💐 Launch on Blue Origin New Glenn-3 ✅Demonstrated +150mbps Peak Speed w/ Block-2 BlueBird ✅7x New Design Composite Rings Delivered to Midland ✅Acquisition of New Manufacturing Space in Midland, TX focused exclusively on Micron production ✅Telus Definitive Commercial Agreement w Strategic Investment and $200M Committed Revenue (speculated) ✅Partnership with Orange ✅Partnership with Taiwan Mobile ✅Partnership with AXIAN Telecom ✅Satellite Connect Europe Partnership (“SCE”) with Telefonica ✅SCE Partnership with Orange ✅SCE Partnership with CK Hutchinson ✅SCE Partnership with Sunrise Switzerland ✅SCE Partnership with Vodafone Romania ✅SCE Partnership with VodafoneThree UK ✅SCE Partnership with Vodafone Ireland ✅AST Awarded $30M Prime Contract by US SDA for Halo Europa Program ✅Development of AI Engine to Dynamically Manage Satellite Capacity and Spectrum Efficiency = Seeking 3-10x Capacity Improvement ✅Disclosed over $1.2 billion in Aggregate Contracted Revenue Commitments from Commercial Partners ✅Raised $1.08B 2.25% Convertible Note resulting in $4B of Pro Forma Cash ✅BB6 Unfolding Phased Array ✅AST Awarded Prime Contract Position on US Missile Defense Agency SHIELD Program ✅Filed w/ FCC to modify Existing License to use S-Band spectrum outside of the US ✅$175M Saudi Telecom prepayment to be made by 2025YE ✅BB6 Launched from India on ISRO LVM3 ✅Micron Production to Support 6x a Month by End of Q3 2025 ✅Expanded Manufacturing Floor Space to 500,000 Square Feet ✅2,000 Global Workforce ✅Established Germany as SatCo JV operations center, filed constellation with ITU ✅Closed $420M bridge financing to support Ligado spectrum transaction ✅Saudi Telecom 10-Year Definitive Commercial Agreement w/ $175M prepayment and over $1.8B value ✅Confirmed L- and S- band Spectrum to be Incorporated into Next 3GPP release ✅Verizon Definitive Commercial Agreement ✅Raised $1.15B 2.0% Convertible Note resulting in $3.2B of Pro Forma Cash and Liquidity ✅Successful Video and Voice Testing with Bell Canada ✅US Bankruptcy Court confirms AST and Ligado L-band spectrum transaction transaction, deal now only subject to FCC appoval ✅Acquired Global S-Band Spectrum Priority Rights held Under International Telecommunication Union ✅Successfully Completed the First-ever Native Voice Call (VoLTE) and Rext (SMS) with a Standard Cell Phone using AT&T Spectrum and Core Network ✅Hired JR Wilson as Chief of Networks and Spectrum, formerly AT&T VP of Tower Strategy, Roaming & In-Building Solutions ✅Raised $575M 2.375% Convertible Note w/ Capped Call struck at $120, resulting in $1.5B of Pro Forma Cash on Balance Sheet ✅Repurchased $360M of $460M 4.25% Convertible Note ✅Entered into $550M of Non-Recourse Senior Secured Term Loan to fund Ligado Transaction ✅Secured $100M Equipment Loan Facility ✅Moved to Russell 1000 from Russell 2000 Index ✅Demonstrated World's First Tactical NTN Connectivity over Standard Mobile Devices with Defense Prime Fairwinds Technologies ✅Announced Latest MNO Partnership with Vodafone Idea of India ✅Hired Jennifer Manner as SVP of Regulatory Affairs and International Strategy, Former NTIA Senior Advisor of Space and Policy and EchoStar SVP of Regulatory Affairs ✅FCC Accepts AST’s Application for US Commercial Service ✅FCC Chair Brendan Carr and Senator Ted Cruz visit HQ in support of AST ✅Verizon and AT&T Spectrum Lease Agreements filed w/ FCC ✅FCC grants STA for beta testing w/ AT&T, Verizon, Vodafone, Bell Canada, and Rakuten ✅FCC grants STA for Firstnet Evaluation on Public Safety Band 14 ✅AST SpaceMobile Forms SatCo Joint Venture w/ Vodafone to Better Serve European market, Selects Luxembourg as HQ and Germany for NOC ✅Secured $43M and $20M Contracts w/ US Space Development Agency and Defense Innovation Unit ✅AST5000 ASIC Development Finished and Integration into Block-2 Sats in Q2 2026 ✅Successful Video Calls Completed w/ AT&T, Verizon, Vodafone and Rakuten ✅Exercised Multi-launch Agmts w/ SpaceX, Blue Origin and ISRO ✅Initiation of Research Coverage by Bank of America, Clear Street, Roth Capital, Cantor Fitzgerald, Oppenheimer and William Blair ✅Established Coordination Agmt w/ US National Science Foundation Covering Satellite and Ground-based Astronomy Operations ✅Closed $460M 4.25% Convertible Debt Funding ✅Opened European Research Center w/ Vodafone and University of Malaga in Spain ✅Signed Deal w/ Singapore’s Defense Science and Technology Agency ✅Joined 5G Automotive Association, which Develops and Promotes 5G-based Solutions for Connected Autonomous Vehicles