Name | Value |
---|---|
Revenues | 0.5M |
Cost of Revenue | 19.5M |
Gross Profit | -19.0M |
Operating Expense | 36.5M |
Operating I/L | -55.5M |
Other Income/Expense | -4.0M |
Interest Income | 0.0M |
Pretax | -39.5M |
Income Tax Expense | -0.3M |
Net Income/Loss | -19.7M |
AST SpaceMobile, Inc. operates a space-based cellular broadband network that enables mobile phones to access mobile broadband services in areas without terrestrial mobile coverage, including remote land, sea, and airborne locations. The company's SpaceMobile service provides a seamless mobile broadband experience for users on the move, ensuring connectivity even in areas where traditional mobile services are unavailable. By leveraging its space-based network, AST SpaceMobile generates revenue by offering subscription-based mobile broadband services to individual users, as well as partnering with mobile network operators to extend their coverage and reach new customer segments.