Latest / AST SpaceMobile Podcast / Anpanman - Quick Pre-Market Opening Discussion: $ASTS $TE

Transcript

Anpanman - Quick Pre-Market Opening Discussion: $ASTS $TE · AST SpaceMobile Podcast

0:06
This is the AST Space Mobile podcast.
0:11
Just basically from your phone, be seamless regardless of where
0:14
you are. We don't want the user even to
0:16
know that it's connected by satellite, satellite.
0:21
Listen, the opportunity that we have is very, very, very large.
0:27
Hey everyone, thanks for joining for this quick space before the
0:31
market opens. Just wanted to get everyone
0:34
together and talk about a few things.
0:37
Yeah. So obviously over the weekend we
0:39
had this news that the Iranian leadership was taken out by the
0:43
US military. And it looks like we are in for
0:47
a sustained campaign until not quite sure what's going to take
0:52
place of the theocratic regime. It might be perhaps some lower
0:58
level people coming in or maybe we get some flavor of democracy
1:01
or or something. But at this point, I, I think
1:05
from EU s s, the briefing this morning, it sounds like we're,
1:09
you know, the US is not going in boots on the ground to nation
1:12
build. And so the hope is that the
1:15
Iranian people, you know, however long it takes, will come
1:19
up with a form of government if there's enough military and
1:24
economic pressure to force that type of outcome.
1:28
But we'll see, you know, so we're in this period of
1:31
uncertainty and of course, the markets over the weekend
1:35
initially reacted negatively and then, you know, rebounded to a
1:38
degree and break into the air is hanging in there pretty well as
1:42
of today. But I think it's important to
1:45
note that this was a long time coming.
1:47
This has been an overhang arguably since the 70s, right?
1:52
And so you've have this regime in Iran who has brought
1:58
instability to the region and has been trying to develop
2:03
nuclear capabilities through its proxies, has tried to, you know,
2:08
spread instability throughout the region.
2:10
And of course, you know, one of the, the MO's of, of the country
2:14
is the complete elimination of Israel and of course, death to
2:18
America, all that stuff. I, you know, I try to stay away
2:21
from politics, but I think obviously this conflict is
2:26
having a big impact on markets. And so it's something that that
2:29
should be talked about. But from this point on, I mean,
2:33
there has been a build up over the last few weeks and I tweeted
2:36
about this, where the US was sending all the military
2:40
capabilities out to the Middle East.
2:42
And, and so I think the market was pricing in some percent
2:47
probability of military, you know, intervention.
2:51
And now we have it. And now it's a point of, you
2:55
know, where does this go? Does it get worse?
2:59
Does it get better? Worse, meaning maybe a much
3:02
larger conflict and it brings in other countries.
3:06
At this point, though, it does seem like Iran is out at the end
3:11
of the stick. They're they're by themselves.
3:12
Like, as people have probably read over the weekend there, it
3:16
doesn't appeared that Russia or China are going to help Iran,
3:23
whether that's militarily or economically.
3:26
It seems like they're out on their own.
3:28
I think by taking out the leadership structure there, it
3:32
seems that, yeah, some of their allies, they don't, they're not
3:37
sure who they're dealing with, I guess, but they also don't want
3:40
to be drawn into a bigger conflict.
3:41
And then it seems like, and I'm not, by the way, I'm not a
3:46
political expert. I'm just, you know, commenting
3:48
on some observations. I'm not.
3:51
I don't pretend to be 1 nor should anyone you know take what
3:56
I have to say is is an educated view on Middle East politics,
4:01
which is really complex, right and goes back many hundreds of
4:05
years. But but it does seem like the
4:08
the rest of the region, for the most part, aside from the
4:11
proxies that Iran operates in various countries are taking a
4:15
step back or are supportive of the the strikes.
4:19
And so, yeah, I mean, I think as I, as I mentioned before, this
4:23
has been a long time coming. I think through various
4:27
presidencies, it's always been an issue.
4:30
You know, there's, there's always been Iran and North Korea
4:33
as, as the key issues around instability, you know, powers
4:39
that are that have very specific ideologies.
4:44
And if they were to acquire nuclear weapons or the ability
4:48
to deliver dirty bombs, whatever, what have you, that
4:51
could be a bad thing because it's beyond just any
4:55
geopolitical framework. But it when it comes to
4:58
ideology, it could be more, more or less, you know, you can make
5:02
decisions that may not seem rational to other people to and
5:06
the world, right. And so this was a long time
5:09
coming. I think the markets are going to
5:11
are pricing it in and obviously there's a bunch of other things
5:16
that the market has been thinking about.
5:17
But then this, of course, depending on how this unfolds
5:21
over the next few weeks, you know, now we have the event and
5:25
and now it's a matter of which direction does it take.
5:28
And so if you do have this outcome where Iran stabilizes
5:34
and perhaps, you know, there is regime change and you have more
5:37
moderate folks coming to power, you know, that would be viewed
5:41
by global markets as quite positive.
5:43
And, and of course, all the oil that Iran was selling for
5:48
heavily discounted prices to China, you know, that would come
5:51
to market and bring global prices down.
5:54
And, and I think there is a number of articles over the
5:57
weekend that has duly pointed out that, you know, it seems
6:00
that the Trump administration is, is, you know, going, taking
6:05
out some of these, these countries that are, I guess, you
6:11
know, friendly to China who have been supporting China cause
6:15
China's MO has been to get access to cheap energy and, and
6:20
support some of these, you know, oppressive regimes in exchange
6:23
for that. And so with the fall of
6:25
Venezuela and then potentially Iran, that would be that, that
6:31
would, you know, hurt China's ability to have not only stable
6:36
energy supply, but cheap energy supply.
6:39
So, so, yeah, from a Geo geopolitical perspective, this
6:44
this definitely, you know, reshuffles the table quite a bit
6:48
and and we'll see. I did post though or the
6:51
weekend. You know, this is I believe, you
6:54
know, I have friends who are Radian or, or you know, they may
6:57
call themselves Persian who view.
7:00
And obviously this is these are very, you know, US more, I
7:06
guess, democratic centric views, but it's it's it's from folks
7:10
who who have family still back in in Iran, but live here in the
7:15
US. And so they obviously probably
7:17
they're in the US and so they have a specific view, but people
7:20
are quite excited about the potential for regime change and
7:23
moving away from theocracy to something more along the lines
7:27
of democracy. But, but we'll see.
7:30
But yeah, I think we're obviously living in a pretty,
7:33
you know, for some people, it might be, it might be a scary
7:37
time, but it's also, I think a pretty exciting time because you
7:41
could see a number of these folks who live under, who have
7:45
lived under for decades, oppression, oppressive regimes,
7:48
perhaps get a shot at something better, right?
7:51
And so, so we'll see. But but yeah, this mark today,
7:55
you know, the market is down a little.
7:57
It's not down that much. And so I initially I was
8:01
thinking, oh, maybe you'll, you'll get an opportunity where
8:04
the market would gap down as, as folks kind of adjust risk and,
8:08
and then, you know, reacting to what is viewed as, you know,
8:12
instability in global markets. But I think so far at least it
8:17
seems like Iran has been contained.
8:20
And of course there's going to be ongoing, you know,
8:23
retaliation from Iran And, you know, whenever they send
8:25
missiles over, you know, I think there was like a refinery hit in
8:29
Saudi Arabia, that's going to have an impact on global, you
8:34
know, energy prices and then the perception of potentially risk
8:37
expanding further. But that being said, you know, I
8:41
think for those that have, those of us who have followed Iran for
8:46
decades, there was always this fear that if you were to go in
8:50
and attack around the, the reciprocal response would be
8:54
pretty massive, right? And so maybe Israel or Saudi
8:58
Arabia, any number of countries, you know, you'd have a ton of
9:02
collateral damage from a response.
9:03
But so far it's been somewhat contained.
9:05
And from what I've read, it seems like a lot of Iran, not
9:09
all, but a lot of Iran's missile capabilities have been taken
9:13
out. And every time they they do roll
9:16
out some of these launchers to go send another sortie of
9:19
missiles to, you know, hit another country, those things
9:23
get exposed. And when they get exposed, then
9:25
they they get eliminated. So, so yeah, we'll, we'll see
9:29
how things go. But I think, you know, for the
9:31
markets, things have been it's somewhat stable, relatively
9:37
speaking today and and we'll see how things go.
9:40
I mean, I think because we didn't have this huge gap down
9:44
and then, you know, maybe over the day, you could have risk
9:47
coming off or over the day, maybe things from up.
9:49
But but I think, you know, it's important to focus on
9:53
fundamentals of of the companies that you hold right.
9:56
And so obviously if you own a company like let's say an
10:00
airline and global travel stopped and oil prices continue
10:04
to move up, that's not a good thing, right?
10:06
You don't want to, you might want to change your adjustments
10:11
to owning an airline, which airlines are basically a short
10:15
on oil and and along on global economy.
10:19
And so to the extent you are invested in airlines and you
10:23
might have to adjust. But if you own space companies,
10:26
I think we saw over the other weekend some of the capabilities
10:29
that these companies bring to bear.
10:31
And so even, you know, I think we saw some of China's
10:35
capabilities where they, they had these images of US bases in
10:40
various various countries in, in the Middle East.
10:44
And you know, China had tweeted that they had cataloged all the
10:46
planes. And you know, depending on who
10:49
you believe, that perhaps was a deception tactic where they
10:52
parked all these F35 or F20 twos out at various air bases.
10:57
And then they actually didn't use those planes, They used
10:59
other ones. And so I think it may have
11:01
given, you know, trying to may have gotten intelligence that
11:04
these planes are on the ground and they weren't moving.
11:06
And then they pass that along to their Iran Iranian colleagues.
11:09
And then of course, the information was wrong there.
11:12
There were other planes that were up in the air at the time
11:15
of the attacks. And, but, but you saw there the
11:18
importance of space assets. I think for example, Planet
11:22
Labs, some people were using images from from to highlight
11:26
some of the strikes in Iran. And then also, you know, there
11:33
were a number of a few moments later.
11:42
Hey everyone, sorry about that. Hopefully you can hear me.
11:44
I think my, I lost the Internet for a second, so maybe, maybe
11:48
some Iranian operators took my space out Anyway.
11:53
I, I think, I believe I, I remember where I left off.
11:56
But but yeah, you know, some of the, this past weekend we saw,
12:02
we assume we saw some of the space capabilities of being
12:07
brought, brought to bear in, in the attack on Iran.
12:09
And so I think it's important to note that that the space sector,
12:14
you know, ASD Space Mobile Planet, Black Sky, Rocket Lab,
12:18
all these companies all play a pretty important part of what we
12:24
currently bring to bear and contested environments, but also
12:28
for the future, especially as we think about Golden Dome.
12:32
Also, you know, I, there was some speculation, for example,
12:34
of I think in, in Europe company, sorry, not Europe and
12:40
Israel potentially using like laser technologies to take down
12:44
set to take down missiles. And there was I think Penny
12:49
Check has talked about this company LASR, which I'm not
12:52
involved in, but it's kind of cool to see some of these
12:55
emerging technologies being used.
12:56
But anyway, moving on to the markets, you know, I think now
13:01
we have, you know, a a degree of uncertainty.
13:03
It depends on where things are going to go in terms of
13:05
direction. But yeah, I think overall the
13:07
markets are Emily pretty well. And so, you know, over this
13:13
coming week and as the days unfold here, we'll see.
13:16
But in in particular for specific names, you know, I
13:20
think for space names, I'm quite bullish.
13:23
I think obviously this is a big year for space.
13:25
And now that we are seeing armed conflict and you know, some of
13:31
the assets from space being utilized.
13:33
I mean, for example, China, there was a post from I forgot
13:38
which Chinese social media account talking about how GPS
13:40
jamming is going on in the Strait of Hormuz.
13:43
That's a big deal, right? And so companies like AST Space
13:46
Mobile are working on backup GPS systems, PNT or next generation
13:51
systems. And so all these things are
13:53
going to play a very particular role in the future of these
13:58
contestant environments. And so I think it's important to
14:01
know what you own. And I think, you know, obviously
14:05
the market, there's market uncertainty, but some of there's
14:07
going to be some big winners right from, from this conflict
14:11
in Iran and, and the utilization of these next generation
14:16
technology. And so, yeah, moving on to space
14:19
Mobile, I mean, today was is great.
14:22
We've got three large announcements, although there
14:25
are a few other smaller ones too.
14:27
But Orange, Vodafone, Three, Hutchinson, Telefonica all
14:32
announced that they're working with satellite Connect in
14:37
Europe, which is the JV with Vodafone.
14:40
And so that represents 3 of the top, well including Hutchinson,
14:46
that's four of the top five MN OS in Europe.
14:49
We also had a an announcement by Sunrise, which is a smaller
14:52
Swiss player announcing that they're working with in
14:56
satellite connect in Europe. So, so yeah, really bullish
14:59
news. I think it's important to look
15:02
at the European landscape where St. so far is pretty much locked
15:06
up majority of the carriers. Not to be outdone though,
15:09
Starlink did announce that. Finally, Deutsche Telekom, which
15:12
is the parent of T-Mobile, they announced their intention to
15:16
work with Starlink. It's starting in 2028.
15:18
And the reason why that is, is that Starlink mobile announced
15:24
their some details around their next generation satellite.
15:27
For example, for people who haven't seen, you know, they
15:30
they plan on having a larger phased array surprise, surprise
15:34
and they purport to have they're going to be able to put down
15:37
more precise cell beams, surprise, surprise.
15:39
I mean, these are all things that AST already does and you
15:43
know, architected to their solution from first principles
15:47
ground up. But Starlink is pushing for
15:50
that. They want to be able to deliver
15:52
a similar type of service. And so the reason why Deutsche
15:56
Telekom announced its partnership today and that it
15:59
won't be until 2028 till they'll be able to use it.
16:03
The current Starlink satellites are a minimally viable product.
16:07
They put down very large beams that that are not fix cell and
16:13
so they don't they don't respect the borders of countries.
16:18
And so it's really hard to deliver service with the current
16:22
architecture of Starlink's direct to sell satellites.
16:25
And so they need to wait for the next generation, which won't be
16:28
operational until 2028. But the reason why Deutsche
16:32
Telecom announced that deal today is that they're trying to
16:37
help Starlink for through the Echostar spectrum acquisition.
16:41
They're trying to position the company to get their two
16:45
gigahertz spectrum allocation renewed for 2027.
16:50
And so for Echostar, for those that don't know, Echostar has a
16:55
has an allocation of two gigahertz spectrum in Europe.
16:58
It's coming up for renewal in 2027.
17:00
And you know that it seems like ASD Space Mobile through its
17:05
European JV is well positioned to get an allocation without any
17:09
sponsorship from Europe. It looked like Echostar was not
17:12
going to get an allocation. That said today deutsche.com
17:16
said that they're going to use their service.
17:18
And so it seems like they're trying to position Echostar
17:21
slash Starlink to get an allocation.
17:23
And so that was very strategic today.
17:25
We'll see. I think the the big wild card
17:28
for Echostar and getting that reallocation or renewal is the
17:34
fact that, you know, Elon Musk obviously is, is quite active in
17:39
anti European politics. And so we'll see if that
17:42
actually impacts their ability to to get oops, my my cat just
17:49
jumped on me if that will impact their ability to get spectrum.
17:55
But anyway, yeah, so that was some of the big news today.
17:59
I, I expect we'll hear quite a bit more when ASD announces
18:03
earnings after the close today. They also for what it's worth,
18:06
in some of these announcements they talked about having beta
18:10
testing this summer. And so I think that's a bit of a
18:13
hint in terms of how the company thinks it's, it's launch cadence
18:18
is going to come along. And so for folks, obviously
18:20
we're all waiting to hear about batch updates.
18:24
We might hear something after the close today is my guess.
18:26
But but yeah, the fact that the company is targeting, you know,
18:32
initial service, beta service in the summer, seems like the
18:35
timeline is is intact. So the other the other cool
18:42
announcement today was Taiwan Mobile announced a a partnership
18:46
with ASD space mobile. Taiwan Mobile is one of the top
18:49
three carriers in Taiwan. Obviously for for people who
18:55
followed geopolitics, Taiwan is a very interesting is an
19:00
interesting situation with, you know, China obviously trying to
19:03
reclaim Taiwan as its own. I think obviously satellite
19:08
direct to cell direct to device connectivity is really important
19:11
when you think about the potential for some armed
19:15
conflict there. And so Taiwan is a very
19:17
mountainous region. They have very dense urban areas
19:21
and and great cell coverage. However, in some of these
19:24
mountainous areas or on the coast, coverage can be somewhat
19:27
spotty. But I think it's important to
19:31
note that for a company like or country like Taiwan, in a
19:35
conflict where an adversary could take the cell network down
19:39
or you know, you, you have, whether it's taking the entire
19:43
network down or parts of it get taken down.
19:45
Of course, you also have natural disasters, whether that's you
19:51
know her, I guess we call them typhoons in Asia, but then also
19:56
earthquakes. Having a backup network besides
20:00
aside from just covering dead zones, but having a network that
20:03
can light up spectrum during these periods of whether it's
20:08
uncertainty and in war or if it's natural disasters, that's
20:12
really important. So signing Taiwan Mobile.
20:15
I think it's a is a big deal. I'm not sure if the market, I
20:18
know I looking at Bloomberg, I don't think they've they've
20:20
caught the news, but that's a pretty big one.
20:24
And so you know that that's the first in Taiwan.
20:27
And so I would assume that perhaps AST with the N 1 of this
20:30
might sign some of these other carriers as well.
20:33
But yeah, that's that's pretty big news there.
20:35
And so I think, you know, there's been a number of
20:39
speaking engagements at Mobile World Congress.
20:41
We're going to get some really interesting Nuggets.
20:43
Obviously, you know, Abell, Jennifer Manor, you know, Scott
20:48
was a new skier there. And so we might see them
20:50
speaking as well as you've seen a number of executives, whether
20:54
today Vodafone CEO Margarita Develle gave a talk about
20:59
Satellite Connect Europe and then also John Stanky, the CEO
21:03
of AT&T spoke about director device as well.
21:06
And so, you know, you've got Mobile World Congress happening
21:10
this entire week. And so I expect additional news
21:13
coming out, not that I mean, today it was a pretty big
21:16
delusion. I, I woke up at, I think it was
21:19
like 4:00 AM to just check things and I saw all these
21:21
announcements. And so I was like, crap, I need
21:23
to get up soon and, and start tweening this stuff out.
21:26
But but yeah, what it's exciting day.
21:29
A lot of great news out of Mobile Congress.
21:31
And of course, we've got earnings after the close, which
21:34
I think we'll get some really great updates.
21:37
Probably my guess is some color around production cadence, like
21:42
a confirmation of 6 highlights per month and perhaps an update
21:45
on the batch launch or sorry, batch delivery and a whole host
21:48
of other things. Yeah, so, so an exciting, I
21:53
think update after the close today.
21:56
The other thing I had mentioned before is, you know, which I
21:59
think I got cut off when I was speaking about it.
22:02
But yeah, just go through the names that you own 'cause
22:06
obviously this conflict is going to be a positive for some
22:10
companies. So I think, for example, space
22:11
companies are going to be positively impacted by this,
22:14
especially those that have a defense angle, which many of
22:18
them do, whether that's Earth, Earth observation,
22:21
communications launch, you know, radar sensing, PNT, all these
22:26
things like really important. But also, you know, for some of
22:30
the names that I'm covering, for example, T1 Energy, if we have a
22:34
prolonged, you know, spike in energy prices, right?
22:37
Or and of course the US, you know, given the instability of
22:41
is focused on energy security and sovereignty, that's good for
22:46
solar names, right? And so I think obviously for T1
22:50
energy in an environment where you have instability in the
22:56
Middle East or, or not like if, if obviously I'm hoping Iran
23:01
gets resolved peacefully. You know, it's not as if the
23:05
inexorable horizon AI data centers and building those out
23:09
is going to change. And over the weekend, I, I
23:11
posted a tweet, I think it was from Zero Hedge, where I think
23:16
this is the first time in history where data center builds
23:19
growth is or data centers. Yeah, the build, the build
23:22
growth is higher than office buildings, right.
23:25
And so that's, that's flipped. And and I guess for the
23:27
foreseeable future, we're going to be building more data centers
23:30
than offices, which makes sense. But but yeah, you're going to
23:33
have to feed all those energy centers with energy.
23:35
And so whether that's not gas, coal maybe I guess, but solar is
23:41
obviously in a very important part of the equation.
23:44
Wind, hydro, pretty much all sorts of energy are going to
23:47
need to be brought to bear. But let's see here.
23:52
But yeah, that's, that's kind of all I had for today.
23:56
You know, I think the markets are responding pretty positively
23:59
as I mentioned before, I mean the market had been pricing in
24:02
some type of military action for weeks, right?
24:04
And so you've seen, I think line Capital, who's a friend of mine
24:09
had posted or the weekend, the the positioning, especially
24:13
input options as a hedging had been so extreme and negative
24:16
heading into this that now, you know, if, if if we had a
24:21
different outcome over the weekend where we had Israel and
24:24
the US had struck Iran and and it failed and taking out the,
24:28
you know, Ayatollah and failed taking out leadership and maybe
24:32
things got botched, then, then yeah, you could have had a
24:34
pretty bad market reaction. But it seems like so far things
24:41
are going according to plan and seeing what seems somewhat
24:44
contained, where as I mentioned before, you don't have, you
24:48
know, Russia and China stepping in for all potential purposes
24:51
that are hands off. You've got what seems to be a
24:57
most of the Middle East either proactively supporting this or
25:01
not helping Iran. And of course, you know, some of
25:04
Iran's proxies are stepping in. But you know those, those, those
25:09
proxies, by the way, like if Iran does, if the theocratic
25:13
regime does fall, then those proxies are not going to get
25:16
funded and they're going to get weakened pretty significantly.
25:18
So you could, I mean, I'm, I'm an optimistic person by nature,
25:22
but you could see a situation hopefully where we get a more
25:27
moderate form of government that eventually comes in and, and
25:32
perhaps, you know, some, some rationality restored and, and
25:36
perhaps, yeah, I mean, it could be I've, I'm not, I mean, I
25:41
mean, I try not to talk politics, but you know, I've
25:44
been skeptical of this administration from the
25:46
beginning. But as I mentioned this weekend,
25:49
if, if this administration is able to pull something off where
25:54
Iran does get to a point of, of democracy or something at least
26:01
as far away from theocracy, but that's moderate and, and re
26:05
engages with, with the global, global community, then it will
26:11
be a pretty significant accomplishment of this
26:12
administration, one that many administrations prior could not
26:17
accomplish. And so, you know, I I'm with
26:20
bated breath like I'm, I'm hoping things work out well for
26:23
the Iranian people. And, you know, as I've mentioned
26:26
before, maybe if, if it wasn't cut off, you know, the folks
26:30
that I know who still have family and Iran are very hopeful
26:33
and looking forward to the potential for something better
26:38
than than what was before, you know, the theocracy get
26:42
replaced. And and so we'll see.
26:44
But but yeah, that's pretty much my quick update.
26:47
Looking forward to see how this week unfolds.
26:51
I think if, if things do or you know, if, if I ran the military
26:59
apparatus gets, you know, weakened as, you know, as, as
27:02
they launch for missiles and then those, those, the, the
27:07
launchers get exposed and they get taken out.
27:09
And, you know, you start to see I, I believe this morning that
27:12
in the brief the US said that they've achieved air
27:14
superiority. And so we'll see how things
27:17
unfold here, but I'm optimistic on markets and especially for
27:22
space companies. And so yeah, looking forward to
27:25
the AST call this this afternoon and I'll I'll perhaps do a space
27:29
after that. But yeah, I hope everyone had a
27:32
good weekend. And as I mentioned before, in
27:35
times of volatility, do not overextend yourself, you know,
27:39
don't get, don't go crazy on margin or leverage because you
27:43
know that even though I'm optimistic on things, you know,
27:46
things can be volatile, some unforeseen things can, can
27:49
happen and, and of course, market will adjust to those.
27:51
So stay vigilant and yeah, be strategic and not, not
27:57
overextend yourself 'cause I think in periods like this where
28:01
there's uncertainty, volatility can be your friend.
28:04
And you can, you know, get bargains at the right time.
28:06
And, and obviously things overreact and you can trade
28:09
volatility. And, and for retail investors
28:12
who are, who have capital on hand and are managing the risk
28:17
properly, volatility is your absolute friend because for
28:20
institutions that try to manage absolute returns and try to be
28:25
fully hedged, it's tough to navigate.
28:27
But for retail investors, this is, these are the type of
28:31
environments that we look for, right?
28:32
This is where opportunity truly comes.
28:34
So with that, I'll end the space and we'll catch up again perhaps
28:38
later this evening or tomorrow. Take care.
28:42
Thanks for listening to the AST Space Mobile podcast.
28:46
If you enjoyed this episode and you'd like to help support the
28:49
podcast, please share it with others, post about it on social
28:52
media, or leave a rating and review.
28:54
To catch all the latest news about AST Space Mobile, make
28:58
sure to subscribe. Thanks again and I'll see you
29:01
next time. We're doing something very, very
29:07
big and acting with this technology we can really affect.
29:09
Billion lives. Safety Space Mobile is the only
29:12
company that has proven technology to deliver cellular
29:17
broadband connectivity directly from the space to the everyday
29:20
smartphone. People will just basically turn
29:23
their phone. And be.
29:24
Seamless, regardless of where you are, we don't want the user
29:27
even to know that it's connected by satellite.
29:30
Our role is to bring this into reality, always in partnership
29:34
with the MMO. Listen, Waffles.