Ast spacemobile secures strategic investment from at&t, google and vodafone

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, today announced strategic investment from at&t, google and vodafone and aggregate new financing of up to $206.5 million in gross proceeds. in addition to the $155 million strategic investment, the company also plans to draw up to $51.5 million from the company's existing senior-s.
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