Ast spacemobile secures additional $100.0 million of liquidity from non-dilutive equipment financing

Midland, texas--(business wire)---- $asts #ast--ast spacemobile, inc. (“ast spacemobile”) (nasdaq: asts), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the closing of a $100.0 million equipment financing facility led by trinity capital inc. (nasdaq: trin) (“trinity”), a leading alternative asset manager. this non-dilutive financing is designed to support ast s.
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