About AST & Science
AST & Science is a company based in Midland (United States) founded in 2017 by Abel Avellan.. AST & Science has raised $10 million across 5 funding rounds from investors including Google, Rakuten and AT&T. The company has 578 employees as of December 31, 2024. AST & Science offers products and services including SpaceMobile Network, BlueWalker 3, and BlueBird 1-5. AST & Science operates in a competitive market with competitors including OneWeb, Starlink, Lynk, Kepler and Methera Global, among others.
- Headquarter Midland, United States
- Employees 578 as on 31 Dec, 2024
- Founders Abel Avellan
- Stage Public
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
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- Legal Name Ast Spacemobile, Inc.
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Annual Revenue
$4.42 M0as on Dec 31, 2024
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Net Profit
$-300.08 M-242.71as on Dec 31, 2024
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EBITDA
$-179.42 M-6.86as on Dec 31, 2024
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Total Equity Funding
$10 M (USD)
in 5 rounds
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Latest Funding Round
$460 M (USD), Post-IPO
Feb 07, 2025
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Investors
Google
& 7 more
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Employee Count
578
as on Dec 31, 2024
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IPO & Listings of AST & Science
AST & Science is a publicly listed company on the NASDAQ with ticker symbol ASTS in USA, operating in the Communications sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of AST & Science
AST & Science offers a comprehensive portfolio of products and services, including SpaceMobile Network, BlueWalker 3, and BlueBird 1-5. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers global cellular broadband via satellites
Enables space-based network operations for connectivity
Supports satellite infrastructure for broadband services
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Software Development Team
71 people
Leadership Team
22 people
Senior Team
12 people
Creative and Marketing Team
7 people
Human Resources and Administration
6 people
Product Management Team
6 people
Operations Team
6 people
Integration Team
6 people
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Funding Insights of AST & Science
AST & Science has successfully raised a total of $10M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $460 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $460.0M
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First Round
First Round
(05 Jul 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Post-IPO - AST & Science | Valuation |
investors |
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| Jan, 2024 | Amount | Post-IPO - AST & Science | Valuation |
investors |
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| May, 2022 | Amount | Post-IPO - AST & Science | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AST & Science
AST & Science has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Google, Rakuten and AT&T. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Mobile internet, TV, and telecommunication services are provided.
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Founded Year | Domain | Location | |
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A technology company offering products and services, including search engine, cloud computing, advertising, email, productivity software, and more
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AST & Science
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - AST Science
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ast & Science Comparisons
Competitors of AST & Science
AST & Science operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OneWeb, Starlink, Lynk, Kepler and Methera Global, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Satellite-based communication solutions are provided via low-orbit satellites.
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| domain | founded_year | HQ Location |
High-speed internet is provided globally by Starlink.
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| domain | founded_year | HQ Location |
Lynk is focused on providing direct-to-device satellite connectivity solutions.
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| domain | founded_year | HQ Location |
Internet connectivity is delivered to space services via satellite broadband.
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| domain | founded_year | HQ Location |
Satellite backhaul services are provided via MEO satellite constellation.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ast & Science
Frequently Asked Questions about AST & Science
When was AST & Science founded?
AST & Science was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is AST & Science located?
AST & Science is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
Who is the current CEO of AST & Science?
Abel Avellan is the current CEO of AST & Science. They have also founded this company.
Is AST & Science a funded company?
AST & Science is a funded company, having raised a total of $10M across 5 funding rounds to date. The company's 1st funding round was a Post-IPO of $75M, raised on Jul 05, 2018.
How many employees does AST & Science have?
As of Dec 31, 2024, the latest employee count at AST & Science is 578.
What is the annual revenue of AST & Science?
Annual revenue of AST & Science is $4.42M as on Dec 31, 2024.
What does AST & Science do?
AST Science was founded in 2017 and is headquartered in Midland, United States. Operations focus on the satellite communications sector, where miniature satellites for low-Earth orbit are designed and manufactured. A platform is offered to users for cellular broadband network services, with capabilities including accelerated launch times and protection against external threats. Services support global connectivity through this infrastructure.
Who are the top competitors of AST & Science?
What products or services does AST & Science offer?
AST & Science offers SpaceMobile Network, BlueWalker 3, and BlueBird 1-5.
Is AST & Science publicly traded?
Yes, AST & Science is publicly traded on NASDAQ under the ticker symbol ASTS.
Who are AST & Science's investors?
AST & Science has 8 investors. Key investors include Google, Rakuten, AT&T, American Tower, and Vodafone.
What is AST & Science's ticker symbol?
The ticker symbol of AST & Science is ASTS on NASDAQ.