AST SpaceMobile mission

Nokia

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the initially and only house-based mobile broadband network obtainable right by typical mobile phones, currently announced that they have signed a five-year 5G offer with Nokia. Less than the offer, Nokia and AST SpaceMobile will perform to achieve their joint ambition to extend common coverage and link underserved communities all around the world. The prepared start of AST SpaceMobile’s BlueWalker 3 test satellite later on this yr will kick off world-wide testing with mobile community operators on six continents.

AST SpaceMobile’s mission is to do away with the connectivity gaps confronted by over 5 billion cellular subscribers all over the world and to carry mobile broadband to about half of the world’s populace who keep on being unconnected. Their tactic will indicate that subscribers outside the arrive at of mobile coverage could have access to broadband speeds with no acquiring to make investments in specialised components and be capable to roam from land networks to place networks for the first time. Via its cell network operator associations, AST SpaceMobile has entered into agreements and understandings with mobile network operators which collectively assistance about 1.8 billion mobile shoppers.

Nokia’s AirScale Single RAN products aims to empower AST SpaceMobile in giving cellular providers to new and existing subscribers in regions now not served by terrestrial interaction networks. This includes connecting equipment globally on land, at sea, or in flight. Nokia will offer gear from its thorough, power-effective AirScale portfolio together with its AirScale base stations run by its most up-to-date era of Nokia’s ReefShark Method-on-Chip (SoC) chipsets. AST SpaceMobile will reward from Nokia’s modular baseband plug-in cards which include potential where by it is required giving adaptability and effectiveness. Nokia will also supply its NetAct option for network administration and seamless day by day network operations as nicely as optimization and technical assist solutions.

“Connectivity should be regarded an necessary company like water, electrical energy or gas. Every person ought to be equipped to have accessibility to common broadband solutions that will be certain that no a single is left at the rear of,” stated Tommi Uitto, President of Cellular Networks at Nokia. “Nokia has a extended history of offering connectivity options that have had a big and constructive effects on culture. We have worked intently with AST SpaceMobile on this significant initiative for two several years which seeks to present crucial connectivity from room to underserved communities all over the entire world. We are of training course very pleased our technological know-how is actively playing an crucial function in underpinning the networks.”

AST SpaceMobile designs to start its BlueWalker 3 satellite for tests in early to mid-September from Cape Canaveral, Florida. BlueWalker 3 is a reduced Earth orbiting satellite and has an aperture of roughly 64 square meters (693 sq. feet), which is developed to talk immediately with mobile devices by using 3GPP conventional frequencies. Finally, AST SpaceMobile is aiming to deploy somewhere around 100 satellites to reach considerable international mobile protection.

“With the integration of Nokia’s AirScale method, AST SpaceMobile and Nokia are using an important action toward closing connectivity gaps all over the entire world,” explained Scott Wisniewski, Chief Tactic Officer at AST SpaceMobile. “Nokia is supporting us with dozens of engineers and enhancement pros, including major architecture study industry experts at Bell Labs, the globe-renowned industrial analysis arm of Nokia. In the coming months, we are scheduled to start our BlueWalker 3 test satellite into very low Earth orbit, which has a 64-sq. meter phased array antenna developed for immediate-to-cell connectivity. With this satellite, we strategy to conduct tests all more than the planet with primary mobile community operators, leveraging Nokia’s technological know-how answers on the ground.”

Nokia is dedicated to equitable opportunity for all and entry to training, healthcare, employment, and community electronic services. Nokia supports the 2025 targets set by The Broadband Fee for Sustainable Development that aims to ‘connect the other half’ in the following 5 several years. They are concerned in several projects underway around the earth which include in El Salvador and Kenya. These general public/non-public initiatives are made to deliver community services this sort of as educational institutions and hospitals on line. They are meant to vastly strengthen world-wide-web access as perfectly as build the foundations that will allow every person to take part in the electronic economic system.

Resources
Nokia AirScale

About Nokia

At Nokia, we make technological innovation that aids the entire world act collectively.

As a reliable companion for crucial networks, we are fully commited to innovation and technological know-how leadership across mobile, set and cloud networks. We create price with mental property and very long-expression investigation, led by the award-profitable Nokia Bell Labs.

Adhering to the highest requirements of integrity and protection, we help make the abilities desired for a more successful, sustainable, and inclusive globe.

About AST SpaceMobile

AST SpaceMobile is making the first and only world wide mobile broadband community in place to function specifically with regular, unmodified cell units centered on our extensive IP and patent portfolio. Our engineers and place researchers are on a mission to remove the connectivity gaps faced by today’s five billion cell subscribers and at last provide broadband to the billions who stay unconnected. For additional data, stick to AST SpaceMobile on YouTube, Twitter, LinkedIn and Facebook. Enjoy this online video for an overview of the SpaceMobile mission.

Ahead-Searching Statements

This communication consists of “forward-wanting statements” that are not historic specifics, and involve dangers and uncertainties that could induce true success of AST SpaceMobile to differ materially from people envisioned and projected. These ahead-looking statements can be determined by the use of ahead-wanting terminology, including the words and phrases “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “may,” “will,” “would,” “potential,” “projects,” “predicts,” “continue,” or “should,” or, in every single case, their negative or other versions or comparable terminology.

These ahead-wanting statements contain substantial threats and uncertainties that could bring about the precise outcomes to vary materially from the anticipated final results. Most of these components are outdoors AST SpaceMobile’s handle and are challenging to forecast. Factors that could bring about this sort of dissimilarities contain, but are not minimal to: (i) anticipations with regards to AST SpaceMobile’s procedures and foreseeable future economic overall performance, including AST’s potential enterprise designs or goals, expected operation of the SpaceMobile Company, anticipated timing and stage of deployment of satellites, expected demand from customers and acceptance of cellular satellite expert services, possible overall performance and professional possibilities and opponents, the timing of acquiring regulatory approvals, capability to finance its exploration and enhancement activities, industrial partnership acquisition and retention, goods and services, pricing, advertising options, operating expenses, industry developments, revenues, liquidity, funds flows and works by using of funds, cash expenditures, and AST’s means to make investments in progress initiatives (ii) the negotiation of definitive agreements with mobile network operators relating to the SpaceMobile provider that would supersede preliminary agreements and memoranda of understanding (iii) the means of AST SpaceMobile to grow and deal with growth profitably and keep its vital staff and AST SpaceMobile’s responses to steps of its rivals and its potential to successfully compete (iv) changes in relevant legal guidelines or polices (v) the possibility that AST SpaceMobile may well be adversely afflicted by other economic, enterprise, and/or aggressive things (vi) the result of any legal proceedings that may possibly be instituted towards AST SpaceMobile and (vii) other threats and uncertainties indicated in the Company’s filings with the SEC, which includes people in the Threat Things part of AST SpaceMobile’s Type 10-K filed with the SEC on March 31, 2022.

AST SpaceMobile cautions that the foregoing list of components is not exceptional. AST SpaceMobile cautions audience not to position undue reliance upon any ahead-looking statements, which talk only as of the day built. For info identifying significant components that could result in true outcomes to differ materially from individuals anticipated in the ahead-looking statements, you should refer to the Danger Things integrated by reference into AST SpaceMobile’s Variety 10-K filed with the SEC on March 31, 2022. AST SpaceMobile’s securities filings can be accessed on the EDGAR segment of the SEC’s web-site at www.sec.gov. Besides as expressly necessary by relevant securities legislation, AST SpaceMobile disclaims any intention or obligation to update or revise any ahead-on the lookout statements whether or not as a consequence of new data, future functions or or else.

Contacts
Media Inquiries:
Nokia Communications
Electronic mail: press.expert [email protected]

AST SpaceMobile Media:
Brandyn Bissinger
Email: [email protected]

AST SpaceMobile Trader:
Scott Wisniewski
E mail: [email protected]