AST SpaceMobile Signs ~$30M Contract With U.S. Space Development Agency For Europa Track 2 Commercial Solutions Program

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AST SPACEMOBILE INC

ASTS

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AST SpaceMobile, Inc. ("AST SpaceMobile") (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that it has entered into an agreement with the United States Space Development Agency (SDA) for the Europa Track 2 Commercial Solutions program. The agreement, executed under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program, has a total contract value of approximately $30 million.

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