Registration Statement (S-1)

AST SpaceMobile completed a business combination with New Providence Acquisition Corp. on April 6, 2021, merging the SPAC with AST & Science LLC to create a publicly traded satellite communications company planning to launch a global broadband network using 168 low-earth orbit satellites, with estimated development costs of approximately $1.7 billion and expected commercial service launch in 2023. The company raised $230 million through a private investment in public equity (PIPE) and has partnerships covering approximately 1.3 billion mobile subscribers, though it faces significant execution risks including satellite launch uncertainties, regulatory approvals needed in multiple countries, substantial capital requirements, and competition from established terrestrial networks and emerging satellite operators like SpaceX's Starlink.