AST Secures $179 Million Financing Package
Atlas Capital Partners provided $100 million in financing to direct-to-device satellite startup AST SpaceMobiile, Atlas said Tuesday. The financing is part of a $179 million package of cash and liquidity the company announced Monday. AST Chief Strategy Officer Scott Wisniewski…
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said the financing is intended to fund the manufacturing and launch of additional BlueBird satellites beyond its first five commercial satellites, which are expected to launch in Q1 2024.