Advertisement
Top
image credit: vecstock / Freepik

AST SpaceMobile set for commercial rollout with new investments from AT&T, Google, Vodafone

January 19, 2024

Category:

Satellite direct-to-cellular company AST SpaceMobile has garnered two major new financial backers, adding AT&T and Google as strategic investors along with additional funding from existing partner Vodafone to support commercial roll-out of its technology.

The company announced that it has gained aggregate new financing of up to $206.5 million from the investments of AT&T, Google and new capital from Vodafone, and that it plans to draw on an additional sum up to $51.5 million from a credit line.

Read More on RCR Wireless News