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Ast Spacemobile Announces Closing Of Its Capital Raise Of $75 Million And Welcomes New Stockholders

PUBLIC · ASTSDec 02, 2022

Round Type

Funding Round

MidlandInformation TechnologyHardwareMobileSatellite Communication

Description

AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ: ASTS) is pleased to announce the closing of its offering of 13,636,364 shares of Class A Common Stock raising gross proceeds of $75.0 million. B. Riley Securities (“B

Quick answer

AST SpaceMobile raised an undisclosed amount in a Funding Round round, dated December 2, 2022. AST SpaceMobile is based in Midland, Texas, United States.

How much did AST SpaceMobile raise?
AST SpaceMobile raised an undisclosed amount in a Funding Round round on December 2, 2022.
What does AST SpaceMobile do?
This entity holds certain S-Band ITU priority rights to MSS frequencies for use in low Earth orbit.
Where is AST SpaceMobile based and how big is it?
AST SpaceMobile is based in Midland, Texas, United States. Fundz records about 1,200 employees.
Who are the decision-makers at AST SpaceMobile?
Fundz holds 3 contacts at AST SpaceMobile, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hardware and Mobile around the same time

Companies in the same sectors as AST SpaceMobile that raised within 45 days of this round, from Fundz verified event records.

  • Baraja raised an undisclosed amount on January 3, 2023.
  • Guerrilla RF raised $5M (Post-IPO Equity) on January 3, 2023.
  • Guerrilla RF raised $5M on December 30, 2022.
  • Rocket Lab Corporation raised $21M (Funding Round) on December 13, 2022.
  • Phantom Space Corporation raised $22M (Seed) on December 7, 2022.
  • York Space Systems raised an undisclosed amount on November 14, 2022.

Who to call at AST SpaceMobile, and when

A new round usually means AST SpaceMobile is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day AST SpaceMobile raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AST SpaceMobile, from your own LinkedIn network

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Company Information

Company

AST SpaceMobile

Location

MIDLAND INTERNATIONAL AIR & SPACE PORT

Midland, Texas, United States

About

This entity holds certain S-Band ITU priority rights to MSS frequencies for use in low Earth orbit. The rights facilitate the provision of mobile satellite services across various spectrum bands. Further details about the entity are not specified in the text.

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Fundz sees it the moment AST SpaceMobile raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsSean W., Executive Officer hiddenSee plans and pricing
Predictive Intelligence
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AST SpaceMobile raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.