Latest / AST SpaceMobile Podcast / Anpanman - Orbital Supremacy: AST SpaceMobile’s $30M Prime Contract and the Billion Dollar Space Pivot

Transcript

Anpanman - Orbital Supremacy: AST SpaceMobile’s $30M Prime Contract and the Billion Dollar Space Pivot · AST SpaceMobile Podcast

• 0:12
  This is the AST Space Mobile podcast.
• 0:17
  We will just basically turn your phone and be seamless,
• 0:20
  regardless of where you are. We don't want the user even to
• 0:23
  know that it's connected by satellite, by satellite.
• 0:27
  Listen, the opportunity that we have is very, very, very large.
• 0:33
  Everyone, thanks for joining. It's a big Blizzard here in New
• 0:37
  York City. There's what seems to be never
• 0:41
  ending snow that's coming down. And so we are trapped at home
• 0:45
  with our children. It's been fun, at least we've
• 0:48
  been. I've gone outside and played in
• 0:50
  the snow and then of course been online seeing some of the
• 0:54
  carnage in the market unfold, I guess in responses to trainee
• 0:58
  report or this, this article about how, you know, painting a
• 1:04
  potential perspective on how AI could disrupt the economy and
• 1:08
  and of course, markets. But that was actually a, you
• 1:13
  know, related to that article was actually a good reminder for
• 1:17
  people who are invested in space.
• 1:18
  I think, you know, AI obviously is going to, has been and will
• 1:22
  continue to disrupt a lot of industries and there's going to
• 1:24
  be a lot of 2nd and 3rd order effects.
• 1:26
  And I, I don't think this between the article, you know,
• 1:30
  it paints the worst potential picture, but I, I think it also
• 1:33
  ignores benefits. And then also, I think human,
• 1:38
  the human condition and preference for things that are
• 1:43
  non artificial. And it's something that I've
• 1:46
  been thinking about for a bit in regards to, you know, all the AI
• 1:51
  generated stuff that just appears to have taken over X and
• 1:55
  these other social platforms, social media platforms.
• 1:57
  I think in the future there will be this, you know, desire to put
• 2:03
  a premium on human generated content.
• 2:05
  And that that's, you know, whether that's articles, books,
• 2:10
  you know, even thinking about like when I generate an e-mail
• 2:14
  and Gemini now tries to make my e-mail more concise or, you
• 2:20
  know, I, I grammatically correct.
• 2:22
  I think there will be this desire to have a human touch,
• 2:27
  which is even with errors, you know, I, I just like when people
• 2:31
  write research nowadays and that you can tell that's AI
• 2:33
  generated. What that often lacks is like
• 2:37
  judgment. Or, you know, if someone's, if
• 2:39
  you have a Swiss watchmaker who has, who's selling you a watch
• 2:43
  that is several $1000 and it has like hundreds of movements,
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  you're probably going to pay a premium for that versus
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  something that was just thrown together by robots.
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  So I think, I think there's a balance of it all.
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  And just like when folks were given a choice of eating food
• 3:01
  that was organic or not, I think things will just like, you know,
• 3:05
  in content, things are labeled with AI and, and then not, I
• 3:08
  think eventually people are going to gravitate back towards
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  authentic experiences and in materials and, you know,
• 3:17
  products and services. And so at some point, I think
• 3:21
  they'll be, if it does get that bad there, there'll probably be
• 3:24
  a backlash in some government regulations and, you know, a
• 3:27
  whole host of things to adopt to the new reality.
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  But I think what was painted over the weekend is very extreme
• 3:33
  and, and, you know, is, is meant to drive eyeballs and, and
• 3:37
  engagement. And that's, that's what, you
• 3:41
  know, that particular individual and the service of the run,
• 3:45
  that's that's their business. They're they're there to be fed
• 3:48
  merchants and try to get as many people engaged and and then of
• 3:53
  course, like, you know, subscribing to whatever service
• 3:56
  it is. So anyway, the reason why I
• 3:58
  bring that up there is that obviously the macro backdrop has
• 4:01
  been pretty rough. And I joked about it earlier how
• 4:04
  anthropic they should start a hedge fund and take short
• 4:07
  positions in certain sectors and then announce that Claude is,
• 4:11
  you know, they're they're going to release a new tool, Claude
• 4:14
  code or whatever it is, right? That's going to disrupt that
• 4:17
  sector and then profit from being short because that that in
• 4:21
  of itself, like that's a great way to fund Anthropic.
• 4:23
  And it's what it's what the market is totally focused on
• 4:29
  right now. You know, throwing the baby out
• 4:31
  with bathwater and shooting 1st and ask questions, questions
• 4:34
  later, which I think there's, you know, we're through this.
• 4:39
  We're in this phase where people are just panicking and, and just
• 4:42
  assume that everything's going to go to 0.
• 4:44
  But in reality, I don't think the I don't think you can draw
• 4:49
  conclusions if we were winners and losers aren't going to be
• 4:51
  that quickly. But you know, obviously
• 4:54
  businesses are going to have to adjust And and you know, I think
• 4:58
  in particular why how it relates to ASD space mobile.
• 5:01
  I know people have anxiety and concerns about things taking
• 5:06
  longer than expected. And that's part of the industry
• 5:08
  that's space is hard, right? And that also is a positive
• 5:12
  thing, right? Because that's, if you think
• 5:15
  about space stocks and what companies are doing, the
• 5:18
  expertise that's required to develop a program, produce it at
• 5:23
  scale, go launch it in space, go test it and then and then launch
• 5:28
  a service like that's really difficult.
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  That's something that what makes that hard is also a key mode
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  that makes it less susceptible to AI disruption, right.
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  And so I think today there was, I think Anthropic was saying
• 5:43
  that Claude could now redo code that was done in COBOL and, and
• 5:48
  updating it to become modern and ensure like software code, you
• 5:52
  can do that. But then building a 4/5 ton
• 5:56
  satellite that can do directed device communications and radar
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  sensing, PNT all host a whole host of military applications.
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  That's not something that AI is going to be able to do on its
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  own. It's, it's obviously AI can be
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  used as a tool to optimize the design of that and then of
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  course manage that satellite. But there's real hard, you know,
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  there, there's a hard process to do that.
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  And and that's not something that can be disrupted overnight.
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  It's going to take time. And once you have infrastructure
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  that's out there in space, then you know, you've made the
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  upfront investment, then you monetize it, right?
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  And that's hard to again, going back to this whole idea of AI
• 6:38
  disruption, if you're in finance or, you know, doing legal work
• 6:45
  or, you know, it's worst, you know, customer service like that
• 6:49
  is going to be disrupted to a degree and it's going to make,
• 6:51
  it's going to be harder to maintain some competitive modes.
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  But for some of these harder industries, like whether you're
• 6:58
  deploying satellites in space or you're building tractors for
• 7:01
  farms or you're raising animals, like that's, that's only
• 7:04
  different. And that that is, you know, some
• 7:07
  of these harder hard industries where you're moving, you know,
• 7:09
  people say you're moving, moving atoms, that's going to be a bit
• 7:14
  more difficult to disrupt. And so I was talking with with
• 7:19
  Cook and Tut this morning and and was just saying that in some
• 7:23
  respects, like, you know, not only a space, a key focus for
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  the US government and the administration to for, you know,
• 7:30
  superiority, but we're also we happen to be lucky that we're
• 7:34
  invested in the sector that is not susceptible to AI
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  disruption. Now can AI, you know, lower
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  timelines in terms of development?
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  Yeah, absolutely. But in order to, you know,
• 7:47
  you've got to build satellites and then you've got to go deploy
• 7:50
  them in space and manage them. Those are really hard tasks.
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  They're not ephemeral things that are ideas.
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  You actually have to apply blood, sweat and tears and go
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  build these things. And that's that's a very
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  initially, you know, human intensive process.
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  And then, you know, perhaps you can automate a factory as well.
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  But but yeah, it's it's not something that you can disrupt.
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  And then I think also for AI inputs that go into enabling AI,
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  whether that's data centers, so, you know, solar panels,
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  batteries, memory processors, space infrastructure, these are
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  all things that I think are pretty defensible.
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  And so if this is a concern for you, it's something you know, to
• 8:38
  keep in mind. But yeah, so with that, I did
• 8:42
  want to talk about the contract that was awarded today.
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  And so AST was given a $30 million prime contract by the US
• 8:51
  Space Development Agency for the Halo Europa program.
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  And so this was a $30 million award.
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  This was the first ever prime contract award by AST Space
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  Mobile USA. And so that's an entity that,
• 9:03
  you know, historically we've, we've actually done, you know,
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  work for the Department of Defense through through other
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  contractors. And then we, we, we went into
• 9:14
  those as subprimes. And so whether that was
• 9:16
  Fairwinds, AT&T or, and then there's some unnamed ones,
• 9:20
  whether, you know, we've speculated that perhaps it's
• 9:22
  lucky Martin, but this was the one, this was the first award
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  that we received directly as a prime.
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  And so this is a pretty big, you know, milestone for the company
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  and that today's award now brings the total military awards
• 9:36
  to 11. And so as of the third quarter,
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  you know, we had signed an additional award and that that
• 9:43
  was 9. And then of course, we got the
• 9:48
  the Golden Dome MDA, that missile defense program, we got
• 9:53
  that award, I think it was in January.
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  And so that brought it to 10. And then today's award brings
• 9:57
  that grand total now to 11, which is great.
• 10:01
  In terms of timing. I think this award in particular
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  was expected at some point in 2025, but the government
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  shutdown delayed that. And so the reason why I point
• 10:12
  this out is that, you know, Scott had guided the second-half
• 10:17
  revenue for the company of 50 to 75,000,000.
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  And I believe, you know, the expectations for the company
• 10:24
  were that they were going to beat that range.
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  But of course they did come in, they came within the range, but
• 10:28
  they didn't beat it. They they reported as part of
• 10:31
  the convertible debt offering of you know coming into the range
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  revenue range of 63 million to 71,000,000.
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  However, if this award had come in on time, then adding 30
• 10:45
  million to that range would have got you to, you know,
• 10:50
  second-half revenue of 93 million to 105 million, which is
• 10:54
  significantly higher than what they had estimated, which at the
• 10:57
  top end was 75,000,000 at the low end 50.
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  And so that would have been a great headline, I think, for the
• 11:04
  company to deliver at the high end well, well above that high
• 11:08
  end of the range. But I think in the upcoming
• 11:12
  quarterly call, they'll be able to discuss, obviously, this $30
• 11:15
  million award. And my guess is, you know, and
• 11:18
  perhaps that's one of the questions I'll ask them.
• 11:21
  I'll ask if this award was expected and in the second-half
• 11:24
  of 2025. And if that had been the case,
• 11:27
  you know, would they have come well above the range, which I
• 11:30
  think is the case. But yeah, so today's award, as I
• 11:34
  mentioned, is $30 million in size.
• 11:37
  Some of the space mob have gone back and looked at some of the
• 11:42
  the parameters around this this this award.
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  And it seems like for this program for the Europa Track 2
• 11:48
  commercial solutions, it looked like there was a potential $50
• 11:52
  million up for grabs to be awarded.
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  And that was to a potential universe of 19 participants of
• 11:59
  which ASD was one of them. So you know, ASD, space mobile
• 12:03
  and then eighteen other participants out of that 50
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  million today we got 30 million, which is 60%.
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  So that's a really good sign. That means that the government,
• 12:13
  the SDA is confident in the company's ability to deliver on
• 12:18
  the perimeters that they've laid out in in particular, this this
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  award, I believe, is focused on direct to device tactical
• 12:26
  communications using a commercial consolation.
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  And So what that means is that the SDA is looking to leverage,
• 12:34
  you know, existing commercial consolations to enable
• 12:38
  communications with war fighters, you know, various
• 12:41
  assets. And, and, and in that regard,
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  you know, it's not as if like one company is going to take the
• 12:49
  whole thing. Ideally, what the SDA and, and
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  this is kind of the mantra for the Department of Defense, What
• 12:56
  they want to do is create a redundant and resilient
• 13:00
  infrastructure out in space where if one, you know, 11
• 13:05
  component is defeated or it's jammed, you can fall back or
• 13:09
  leverage redundant constellations.
• 13:12
  And so, for example, you know, you might be using ASD space
• 13:16
  mobile, you might use Starlink, you also might use Iridium, but
• 13:20
  you, you want to have multiple sources where even if one part
• 13:24
  of you know, when one pillar gets taken out that you'll have
• 13:28
  resilient communications no matter what.
• 13:31
  And you know, contested area in terms of sizing this opportunity
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  I did, I did post something which, you know, candidly was
• 13:40
  generated by Chat GPTI kind of went through it and made sense.
• 13:45
  Just give people an idea though. Let's let's talk about Iridium
• 13:48
  as an example. And so Iridium is a low band
• 13:53
  data invoice proprietary system primarily, you know satellite
• 13:58
  phones, but then they, they also provide some other types of
• 14:01
  devices for the Department of Defense, but again, very limited
• 14:06
  low band data type of service. But it's global in nature.
• 14:09
  Iridium on their current Department of Defense work and
• 14:13
  and a few other government agencies.
• 14:15
  I think that's about in total $260 million of revenue a year.
• 14:20
  So that's huge, right. And then again, this is for a,
• 14:23
  it's a global solution, but it's limited in terms of data and
• 14:27
  capacity. And so you know, that's a
• 14:30
  quarter of a billion dollars in revenue, which is pretty, a
• 14:33
  pretty hefty chunk of Iridium's annual business.
• 14:36
  But that's, that's the size of, in the magnitude of, of what
• 14:40
  we're talking about today. And I think that's kind of a
• 14:41
  minimum size because we think about what AST can deliver
• 14:46
  globally. You know, we're talking about
• 14:49
  broadband data communications between any 3 GPP device, you
• 14:55
  know, compatible device. And then on top of that.
• 14:58
  And so that, you know, that could be war fighters, it could
• 15:00
  be drones, it could be, you know, jets, missiles, planes,
• 15:07
  whatever you, whatever you, I mean, underwater unmanned
• 15:11
  vehicles, I mean all these things, right?
• 15:14
  But that's a really big opportunity.
• 15:16
  And so today, you know, the the initial award is $30 million,
• 15:20
  but that can grow in size. But I think Iridium is a good
• 15:23
  example of just one small use case being worth a quarter of a
• 15:28
  billion dollars to the US government, right?
• 15:30
  And so, and this is not me saying like we're going to put
• 15:33
  Iridium out of business because in actuality, what the
• 15:36
  government wants is they want Iridium to survive in its
• 15:38
  current state. They want to continue to
• 15:40
  leverage Iridium technology, but they want to add more layers.
• 15:43
  They want to add ASD space mobile, they're going to add
• 15:45
  Starlink, they're going to add they want to have as many layers
• 15:49
  of redundancy resilience as possible.
• 15:53
  And then yeah, that's, that's that's what the the
• 15:57
  architecture, what what's going to be ideal for this company or
• 16:00
  sorry for the for the Department of Defense, but again, a 1/4
• 16:04
  billion dollars for that particular application.
• 16:07
  Just imagine like what could that mean for AST that can
• 16:10
  address 10 different potential use cases for the Department of
• 16:14
  Defense, right. And so let's just say like three
• 16:18
  or four of those use cases are worth a quarter billion a year.
• 16:21
  That's a lot of revenue. So I hope that gives people you
• 16:24
  know some sense of of the sizing.
• 16:26
  But going back to the potential award sizes for this particular
• 16:31
  Halo European Europa Track 2 program prototype was $30
• 16:36
  million which we got awarded and then you have the opportunity
• 16:42
  for additional task orders. And So what that means is, you
• 16:47
  know, an opportunity that's 10s of millions to low, hundreds of
• 16:50
  millions of revenue. And so that could be more demo
• 16:53
  work, more mission threat, you know, threads, more capacity
• 16:56
  buys. These are an expansion of
• 17:00
  capabilities for for the system. And that's something that I
• 17:03
  think Scott has referred to, you know, the military business
• 17:08
  being on the order of potentially hundreds of
• 17:10
  millions. And you know, and my guess when
• 17:12
  he says that is probably to $300 million in size for this coming
• 17:15
  year, but that's where that would be the next order for
• 17:20
  this, this award. And then you transition to the
• 17:25
  proliferated war fire structure, which you know, if the SDADOD
• 17:30
  decides to utilize AST. And let's see here I'm just
• 17:36
  looking at my notes, you know, that could be something on the
• 17:39
  order of hundreds of millions of revenue.
• 17:42
  And I, I tweeted about this. So if folks want to go back for
• 17:45
  reference and then eventually once the consolation's up and
• 17:48
  running and if the if the company is and this is where you
• 17:51
  get to the Iridium kind of state where you're selling capacity as
• 17:56
  a service, that's where you can get into the realm of
• 18:01
  possibility where the DoD, you know, grants a multi year multi
• 18:06
  billion dollar type of contract. And so, so yeah, we're, we're
• 18:09
  pretty early, but obviously with 11, you know, military awards in
• 18:14
  the hopper, we're we're going the right direction.
• 18:18
  And so again, I, I think also as part of this too, I mean,
• 18:23
  there's a lot of different kind of, you know, angles again, the
• 18:27
  11 different awards. And I'll talk about Golden Dome
• 18:30
  a little bit, but it's not going to be a winner takes all.
• 18:33
  Like there's going to be multiple players and it's going
• 18:36
  to be big, right? Let's see.
• 18:39
  So I did tweet before that this award in particular is separate
• 18:44
  and in addition to our, what we received for our, we got the
• 18:48
  designation for Golden Dome previously.
• 18:50
  And so just for people's edification, SDA Halo is
• 18:54
  actually part of Golden Dome. It's under Golden Dome, the
• 18:57
  umbrella. However, the award that we
• 19:00
  received today is separate from the MDA shield that we were able
• 19:05
  to bid on. And that was, I think that was
• 19:07
  announced back in January. So so that's, you know, this is
• 19:12
  separate and the, you know, there's been a few people who've
• 19:16
  written about MBA Shield and what that can mean from a
• 19:20
  quantitative perspective in terms of dollars.
• 19:23
  And so that that's separate as well from the third or I guess
• 19:27
  the second Golden Dome area, which we think we have relevance
• 19:31
  and we'll probably get an award. And I think space Mob are our
• 19:35
  batting average we're calling these is pretty high.
• 19:37
  I think it's been 100 just the time he's been off.
• 19:41
  But but I think the the either MD Golden Dome noble potential
• 19:47
  ward in particular that addresses a call by the US
• 19:51
  government for space based sensors and integrated non
• 19:54
  kinetic and electronic warfare. And obviously we fulfill all
• 19:59
  those areas which is space based sensors and and of course
• 20:02
  electronic warfare jamming. And it was interesting because
• 20:07
  there was AI guess the, the budgets came out today for NDAA
• 20:12
  and it looks like I just highlighted 2 sections in this
• 20:16
  tweet. But that air moving target
• 20:17
  indicator satellites, that's about $2 billion that's been
• 20:20
  allocated. And then space based sensors is
• 20:22
  $7.2 billion. And by the way, like the FY 2025
• 20:27
  allocation versus 2026, there was zero there.
• 20:30
  There was zero budget dollars allocated to these two areas.
• 20:34
  And all of a sudden now we've got $9.2 billion of potential
• 20:39
  awards to go after for AC space mobile.
• 20:42
  And so, and I, I, you know, it's, I, I keep saying this and
• 20:47
  you know, I, obviously the macro backdrop is, is tough and
• 20:50
  people, you know, there's a lot of volatility, but don't ever
• 20:54
  think it guys, it's not that hard right when it's about to
• 20:58
  start this space. The Department of War CTO
• 21:01
  tweeted out this, this this tweet that's that says orbital
• 21:05
  supremacy when satellited time powered by the arsenal freedom
• 21:09
  like U.S. government is telling us to our face that this is
• 21:14
  where the dollars, this is where the interest everything is
• 21:17
  going. And yeah, keep it simple.
• 21:20
  Like this is, you know, AST clearly 11 awards like we're,
• 21:25
  we're, we're well positioned and there's over $9 billion of being
• 21:29
  thrown, you know, being thrown at just one year's budget.
• 21:33
  Yeah, the company is, is, I mean, it was funny, I guess the
• 21:37
  other day someone on Twitter was saying AC space mobile is not a
• 21:41
  defense stock. They are that the company is
• 21:44
  we're getting awards left and right and we're well positioned
• 21:47
  for Golden Dome and and proliferate Warfire and all
• 21:51
  these different, you know, programs.
• 21:54
  I don't, I don't know what else to say about that.
• 21:56
  But anyway, but yeah, so today just builds on that.
• 22:00
  And again, we're out at 11, 11 awards, many of which can grow
• 22:05
  to hundreds of millions in size. And yeah, we're, we're on a good
• 22:09
  trajectory. I mean, as we've stated before,
• 22:12
  FM 1 and FM 2 are Halo satellites and they demonstrated
• 22:17
  they, they will demonstrate additional capabilities, which
• 22:20
  then will lead to more awards. And of course we've got our
• 22:22
  Block 1 satellites and Blue Walker three that government is
• 22:25
  testing with. And so this year is going to, is
• 22:28
  going to be set up for a tremendous, you know, breakout
• 22:32
  year, I think for the company. But yeah, I, I think I will also
• 22:36
  mention, you know, the setup as we head into the Bluebird 7
• 22:41
  launch, which I think it's going to happen.
• 22:43
  My guess is like March 6th, March 7th, March 8th, March 8th.
• 22:47
  The unfortunate news with Artemis, that skinny blade that
• 22:50
  that frees up the potential timeline for Blue, Blue Origin,
• 22:54
  New Glenn 3 and Bluebird 7. So I think we are probably going
• 22:58
  to get a lunch in early March. And so I'm very bullish about
• 23:02
  set up for the stock even against this crappy backdrop.
• 23:06
  But you know, we'll also get a fourth quarter update in on
• 23:09
  March 2nd. And then there's a number of
• 23:12
  folks in space mob who are pretty bullish about a multi
• 23:16
  Bluebird satellite batch delivery which will be coming up
• 23:20
  soon. And then, you know, we've got in
• 23:23
  the hopper we've got with the FCC, you know, our, our U.S.
• 23:27
  market application that's pending and can be granted any
• 23:30
  day. And then another big one is, you
• 23:34
  know, this Golden Dome noble program, which there's no
• 23:38
  definitive timeline as to when that's going to be awarded, but
• 23:41
  it can be awarded at any time. And as we know, the, the Trump
• 23:46
  administration wants to have Golden Dome up and running and
• 23:49
  deployed before the end of his term.
• 23:51
  And so if you're going to do this, you need to move quickly.
• 23:55
  So, so yeah, that's that's about it.
• 23:58
  Those are my comments. I also, I need to update the
• 24:02
  Catalyst tracker because we just got another award.
• 24:06
  So that list will grow even longer.
• 24:10
  But but yeah, that's that's kind of all I had.
• 24:13
  I think today, obviously, you know, a very depressing day for
• 24:18
  the market, but some really great news.
• 24:20
  And, and it's kind of funny because I think the company, the
• 24:24
  stock price has been kind of kept, been kept artificially
• 24:28
  down by all this negative macro backdrop.
• 24:31
  But then, you know, once things, once we get a launch date set, I
• 24:34
  think all bets are off. Like, you know, I, I posted an
• 24:38
  update today, We just look on the short interest and you know,
• 24:41
  we were back up to pretty high levels here even even though the
• 24:45
  stock prices come down, which would suggest that convertible
• 24:48
  Arbs should be covering some of their deltas and should be so
• 24:51
  they should be less short. It looks like we're more guys
• 24:54
  are short because we're at what 47.8 million shares compared to
• 24:57
  a low of let's. See 39 million.
• 25:02
  Shares as of January 30th. So I think setup is great.
• 25:05
  Like we're going to have this launch with Blue Origin, New
• 25:08
  Glenn, It's going to be super high profile.
• 25:10
  We've got the quarterly update. I think Scott's going to be able
• 25:13
  to articulate that it had this $30 million word come in on time
• 25:17
  as they expected, not due to the government shutdown.
• 25:20
  Then they would have come in well over their guided revenue
• 25:24
  for second-half of 2025. And there's going to be a lot of
• 25:28
  great updates there. And I think you should expect to
• 25:30
  get positive production news and potential shipment news as well.
• 25:34
  So I'm going to end it there. Actually.
• 25:37
  Let me see before I end it, let me just look and see if there's
• 25:41
  any comments or questions. Wait a second, look here.
• 25:52
  Well, I think I see. Three comments and one is thank
• 25:55
  you and the other one is telling me that the time is off.
• 25:58
  All right, so I'll end it there. Thanks everyone for joining.
• 26:01
  And yeah, an exciting day. We've got our first contract
• 26:05
  award as a as a direct prime contractor, which is huge and I
• 26:10
  expect more news to come. And so everyone hang in there.
• 26:14
  I know this market volatility sucks, but when when market
• 26:19
  stabilize and we get some updates, it's going to be
• 26:22
  explosive. So take everyone.
• 26:25
  Thanks for listening. To the AST Space Mobile podcast,
• 26:29
  if you enjoyed this episode and you'd like to help support the
• 26:32
  podcast, please share it with others, post about it on social
• 26:35
  media, or leave a rating and review.
• 26:37
  To catch all the latest news about AST Space Mobile, make
• 26:41
  sure to subscribe. Thanks again and I'll see you
• 26:44
  next time. Or doing something very.
• 26:49
  Very big and I think with this technology we can really affect
• 26:53
  billion lives. AFT space globally is the only
• 26:56
  company that has good technology to deliver cellular mobile
• 27:00
  connectivity directly from faith to do everyday.
• 27:04
  Smartphone. People will.
• 27:05
  Just basically. Turn their phone and be seamless
• 27:08
  regardless of where you are. We don't want the user even to
• 27:11
  know that it's connected by satellite.
• 27:13
  Our role is. To bring this into reality,
• 27:16
  always in partnership with the enemy.