Current Report (8-K)

AST SpaceMobile successfully completed deployment of its BlueWalker 3 test satellite's communications array in orbit on November 14, 2022, marking a major milestone in the company's effort to provide direct cellular service to standard mobile devices using 3GPP standard frequencies. The company noted that while testing may proceed as planned, various factors including loss of satellite connectivity or communication failures could delay commercialization and result in material additional costs. The filing emphasizes substantial risks around completing planned testing, raising future capital, and converting preliminary agreements with mobile network operators into definitive contracts.