AST SpaceMobile, Inc. · NASDAQ:ASTS
AST SpaceMobile — Q3 2026 Earnings Presentation
15 slides from AST SpaceMobile's earnings presentation, Nov 9, 2026
Slide 1: Business Update and Third Quarter 2026 Results
EARNINGS CONFERENCE CALL Business Update and The company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, Third Quarter 2026 designed for both commercial and government applications Results Monday, November 9, 2026 | 5:00 p.m. ET Midland
Slide 2: Forward-Looking Statements and Non-GAAP Measures
LEGAL Forward-Looking Statements and Non-GAAP Measures Forward Looking Statements Use of Non-GAAP Financial Measures This communication contains “forward-looking statements” that are not historical facts, and involve risks and uncertainties that We refer to certain non-GAAP financial measures in thi
Slide 3: Four Milestones That Define the Quarter
Q3 2026 AT A GLANCE Four Milestones That Define the Quarter Service Launch Government Capital Nationwide intermittent service Secured contracts to reach a total of Secured United States priority DPAS $1.0 billion in non-dilutive funding for activation in the United States and other over 100 BlueBird
Slide 4: Message from Abel Avellan
CHAIRMAN AND CEO Message from Abel Avellan “We advanced several important initiatives to support the global expansion of our space-based cellular broadband HIGHLIGHTED PRIORITIES network and expect to work with all major mobile network operators in the United States and Europe, providing potential e
Slide 5: Advancing to Service Readiness by Year-End 2026
COMMERCIAL SERVICE Advancing to Service Readiness by Year-End 2026 Nationwide intermittent coverage expected in key markets by year-end 2026, leveraging mobile network infrastructure, spectrum, customer relationships and technology leadership. First step of coverage roll-out to strategic partners in
Slide 6: A Global Gateway Network Built for Scale
GROUND INFRASTRUCTURE A Global Gateway Network Built for Scale More than 60 gateways deployed, installed, or in planning worldwide, supporting a global ecosystem of over 60 mobile network operators representing over 3 billion subscribers. JAPAN GATEWAY CANADA GATEWAY 60+ Gateways deployed, installed
Slide 7: ASIC Satellites Pulled Forward; Achieving Run-Rate Production in December
MANUFACTURING ASIC Satellites Pulled Forward; Achieving Run-Rate Production in December Next-generation ASIC microns pulled forward to BlueBird 34 from BlueBird 50. Processing bandwidth 10x improvement vs. in-orbit Block 1 BlueBirds 6 / mo BlueBird production rate expected in December 2026 BB 51 Now
Slide 8: Scaling BlueBird Production in Texas
MANUFACTURING Scaling BlueBird Production in Texas Two factories running full shifts to reach run-rate production of six ASIC satellites per month in December 2026. SATELLITE ASSEMBLY MICRON ASSEMBLY NEW CONSTRUCTION BlueBird manufacturing on the factory floor Micron assembly on the factory floor Ma
Slide 9: More Microns to Orbit, on the Largest Phased Arrays Ever Deployed
TECHNOLOGY More Microns to Orbit, on the Largest Phased Arrays Ever Deployed in Low Earth Orbit The ability to deploy more microns to orbit, faster and cheaper, on larger arrays than any satellite manufacturer in history. 200+ microns 2,000+ microns ~20,000 sq ft Form the phased array for one Block
Slide 10: BlueBirds Are on the Move
CONSTELLATION DEPLOYMENT BlueBirds Are on the Move Launch agreements now cover over 100 BlueBird satellites expected to be deployed cumulatively between 2027 and 2028. IN ORBIT END NOV 2026 2027–2028 BlueBirds 1, 2, 3, 4, 5, BlueBirds 17, 18, 19 100+ BlueBirds 6, 8, 9, 10, 11, 12, 13 to ship by end
Slide 11: Blacklift: Regular, Unconstrained Access to Orbit
LAUNCH ACCESS Blacklift: Regular, Unconstrained Access to Orbit with Attractive Owners’ Economics WHY IT MATTERS Greater control over launch availability and deployment schedules Blacklift Attractive ownership economics over launch Complements launch agreements with SpaceX, Blue Origin and others fo
Slide 12: Expanding Scope of Services and Total Addressable Market
MARKET EXPANSION Expanding Scope of Services and Total Addressable Market Positioning AST SpaceMobile as the partner-of-choice for global mobile network operators, technology leaders and the United States Government. U.S. GOVERNMENT ~$100M U.S. Space Force contract for advanced space-based sensing (
Slide 13: Operating and Capital Metrics
FINANCIAL RESULTS Operating and Capital Metrics 1. Non-GAAP. See appendix for a reconciliation. Adjusted operating expenses is equal to total operating expense adjusted to exclude Adj. Operating Expenses1 Capital Expenditures3 Liquidity4 depreciation and amortization, loss on involuntary conversion,
Slide 14: Reconciliation to Non-GAAP Measures
APPENDIX Reconciliation to Non-GAAP Measures ADJ. OPERATING EXPENSES - 3 MONTHS ENDED FOOTNOTES ($ in thousands) Sep 30, ‘26 Jun 30, ‘26 Sep 30, ’25 1. Stock-based compensation for the three months ended Cost of revenues (exclusive of items shown below) 25,314 23,567 5,511 September 30, 2026, June 3
Slide 15: Questions and Answers
Questions and Answers Thank you for joining the AST SpaceMobile Q3 2026 Business Update Investor contact: [email protected] Media contact: Allison Worldwide | [email protected] Webcast archive: ast-science.com/investors AST SpaceMobile | Q3 2026 Business Update | NASDAQ: ASTS 15