AST SpaceMobile joins list of constellation startups that fell short of 2023 funding goals

by Peter B. de Selding

UPDATE JAN. 3: AST SpaceMobile on Jan. 2 said it was "seeking to close and fund the previously disclosed strategic investment in January 2024 with multiple parties, subject to completion of final documentation and approvals" and that it had "secured initial ground infrastructure orders from two customers for planned commercial service."

LA PLATA, Maryland — Satellite direct-to-cell (D2D) startup AST SpaceMobile’s months-long attempt to find strategic investors to finance the substantial satellite deployment needed for a commercial service appears to have fallen short of its plans for a deal by . . .

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