Report: AST SpaceMobile has $519m war chest
Texas-based AST SpaceMobile wants to become the world’s ‘tower in space’ for its partner telcos. IT has the first five satellites in orbit, and a report from investment firm Hennessey Focus Fund says that steady cash-raising exercises during the past year has created a war chest of some $519 million (€494.9m) to spend on the […]
December 17, 2024