AST SpaceMobile, Inc. (NASDAQ: ASTS): Pioneering space-based cellular broadband network
AST SpaceMobile, Inc. (NASDAQ: ASTS), founded in 2017 by Abel Avellan and based in Midland, Texas, aims to create the first space-based cellular broadband network. This network will provide mobile broadband services directly to standard phones via low Earth orbit satellites, targeting remote and underserved areas. Their BlueWalker satellites, including the key BlueWalker 3 prototype, are designed to work with existing mobile phones, eliminating the need for specialized devices.