AST SpaceMobile Secures Strategic Investment From AT&T, Google and Vodafone
Amount Raised
$207 Million
Round Type
Corporate Round
MidlandInformation TechnologyHardwareMobileSatellite CommunicationInvestors
Description
AST SpaceMobile, Inc. announced a strategic investment from AT&T, Google and Vodafone, with an aggregate new financing of up to $206.5 million in gross proceeds. The new investors AT&T and Google, joined by existing investor Vodafone, have shown confidence in the company’s technology and leadership position in the emerging space-based cellular direct-to-device market, with the potential to offer connectivity to today’s 5.5 billion cellular devices when they are out of coverage.
Quick answer
AST SpaceMobile raised $207 Million in a Corporate Round round, dated January 18, 2024. Investors: Vodafone, Google and At&T. AST SpaceMobile is based in Midland, Texas, United States.
- How much did AST SpaceMobile raise?
- AST SpaceMobile raised $207 Million in a Corporate Round round on January 18, 2024.
- Who invested in AST SpaceMobile?
- Vodafone, Google and At&T are named as investors in this round.
- 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.
- Rocket Lab Corporation raised $120M (Funding Round) on February 20, 2024.
- shaka raised $1M (Seed) on January 11, 2024.
- Cornelis Networks raised $25M on March 1, 2024.
- Maybell Quantum Industries raised $33M on March 1, 2024.
- USBC raised $12M (Funding Round) on February 29, 2024.
- Aerwave raised $11M on February 29, 2024.
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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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
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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