ASTS Spacemobile Inc. (ASTS) stock soars during pre-market trading, given no current update.

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OKTA Stock

AST Spacemobile Inc. (NASDAQ: ASTS) stock gained by 2.41% at last close while the ASTS stock price surged by 8.23% in the pre-market trading session. Depending on their large IP and patent portfolio, AST SpaceMobile is creating the first and only worldwide broadband cellular network in space that can function directly with regular, unmodified mobile devices. The team of engineers and space scientists is on a quest to close the connection gaps that today’s five billion mobile customers confront and provide the internet to the billions of people who are still without it.

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Recent Development

AST SpaceMobile has opened a new office in the United Kingdom. The offices are in the new Space Park Leicester complex in Leicester, England, which is a £100 million research, innovation, and manufacturing center for space-related high-tech firms and researchers.

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Additionally, ASTS has operations in College Park, Maryland, Spain, and Israel, and also a corporate headquarters and an 85,000-square-foot satellite assembly, integration, and research center in Midland, Texas.

Official Statements

Steve Gibson, Managing Director of AST SpaceMobile UK stated,

Members of their business development, engineering, and regulatory teams will be working at their Space Park Leicester office to help the advancement and production of essential subsystems for the SpaceMobile Constellation.

Will Wells, Commercial Director at the University of Leicester commented,

The University has a long history of using satellite technology and data obtained from space to tackle real-world problems. They are thrilled that AST Space Mobile has picked Space Park Leicester to launch their ambitious objectives.

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Scott Wisniewski, Executive Vice President and Chief Strategy Officer of AST SpaceMobile said,

The inauguration of AST SpaceMobile’s UK offices is a significant step forward in their international growth. Their worldwide endeavor to build a space-based cellular broadband network is really global, and their increasing footprint allows them to tap into the greatest talent from across the world.


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