ASTS: Scaling with $2–$3B raised, global satellite deployment, and $1B+ in committed revenue

2025 marked a shift to scaling, with major capital raised, manufacturing ramp-up, and over $1 billion in committed revenue. The company is deploying a global satellite network, expanding commercial and government partnerships, and expects strong operating leverage and future growth.

Based on AST SpaceMobile, Inc. [ASTS] UBS Global Media and Communications Conference 2025 Audio Transcript — Dec. 8 2025