
AST SpaceMobile, Inc. (&#34;AST SpaceMobile&#34;) (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial

<p xmlns="http://www.w3.org/1999/xhtml">
AST SpaceMobile, Inc. (&#34;AST SpaceMobile&#34;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ASTS">ASTS</a>), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, addresses today's orbital launch of BlueBird 7 on the New Glenn launch vehicle.

</p><p xmlns="http://www.w3.org/1999/xhtml">
During the New Glenn 3 mission, BlueBird 7 was placed into a lower than planned orbit by the upper stage of the launch vehicle. While the satellite separated from the launch vehicle and powered on, the altitude is too low to sustain operations with its on-board thruster technology and will de-orbited. The cost of the satellite is expected to be recovered under the company's insurance policy.

</p><p xmlns="http://www.w3.org/1999/xhtml">
BlueBird 7 would have been AST SpaceMobile's eighth deployed into low Earth orbit and is one of many planned for its space-based cellular broadband network. The company is currently in production through BlueBird 32, with BlueBird 8 to 10 expected to be ready to ship in approximately 30 days.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The company continues to expect an orbital launch every one to two months on average during 2026, supported by agreements with multiple launch providers, and it continues to target approximately 45 satellites in orbit by the end of 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About AST SpaceMobile</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio, and designed for both commercial and government applications. Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. For more information, follow AST SpaceMobile on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCDr2JePebZFY-vwQaZueftg&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=YouTube&amp;index=1&amp;md5=2addc60d23211b4784b1067828e53a09" shape="rect">YouTube</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FAST_SpaceMobile&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=X+%28Formerly+Twitter%29&amp;index=2&amp;md5=a8da5afe857cd2d33790f570382c0cfc" shape="rect">X (Formerly Twitter)</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fauthwall%3Ftrk%3Dbf%26trkInfo%3DAQHKqM4IojiV3gAAAYct9c_ozRwv13-eVjLgh1BhGTNXnjdhcPOM12k9tJTT3SiaDeJ9Uw55CTWOvOxo1Gv97tcPXJ-TNk2ZdYJe_E7E93RPl60HxEJOQdnFqVRCxenRTvAzKsg%3D%26original_referer%3D%26sessionRedirect%3Dhttps%253A%252F%252Fwww.linkedin.com%252Fcompany%252Fast-spacemobile%252F&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=99cdbcd9e0cf0eff9066207fe7115c5f" shape="rect">LinkedIn</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FASTSpaceMobile&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=a29eb0df33324cc896240106e7007045" shape="rect">Facebook</a>. Watch <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fyoutu.be%2FGO9-SBCq8oY&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=this+video&amp;index=5&amp;md5=7b969116d25430f528fc971cabe2c530" shape="rect">this video</a> for an overview of the SpaceMobile mission.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This communication contains "forward-looking statements" that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes," "estimates," "anticipates," "expects," "intends," "plans," "may," "will," "would," "potential," "projects," "predicts," "continue," or "should," or, in each case, their negative or other variations or comparable terminology. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside AST SpaceMobile's control and are difficult to predict.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Factors that could cause such differences include, but are not limited to: (i) expectations regarding AST SpaceMobile's strategies and future financial performance, including AST's future business plans or objectives, expected functionality of the SpaceMobile Service, anticipated timing of the launch of the Block 2 BlueBird satellites, anticipated demand and acceptance of mobile satellite services, prospective performance and commercial opportunities and competitors, the timing of obtaining regulatory approvals, ability to finance its research and development activities, commercial partnership acquisition and retention, products and services, pricing, marketing plans, operating expenses, market trends, revenues, liquidity, cash flows and uses of cash, capital expenditures, and AST SpaceMobile's ability to invest in growth initiatives; (ii) the negotiation of definitive agreements with mobile network operators relating to the SpaceMobile Service that would supersede preliminary agreements and memoranda of understanding and the ability to enter into commercial agreements with other parties or government entities; (iii) the ability of AST SpaceMobile to grow and manage growth profitably and retain its key employees and AST SpaceMobile's responses to actions of its competitors and its ability to effectively compete; (iv) changes in applicable laws or regulations; (v) the possibility that AST SpaceMobile may be adversely affected by other economic, business, and/or competitive factors; (vi) the outcome of any legal proceedings that may be instituted against AST SpaceMobile; and (vii) other risks and uncertainties indicated in the Company's filings with the Securities and Exchange Commission (SEC), including those in the Risk Factors section of AST SpaceMobile's Form 10-K filed with the SEC on March 2, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
AST SpaceMobile cautions that the foregoing list of factors is not exclusive. AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors in AST SpaceMobile's Form 10-K filed with the SEC on March 2, 2026. AST SpaceMobile's securities filings can be accessed on the EDGAR section of the SEC's website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=6&amp;md5=be630fddd35e85464abd2990d58ff939" shape="rect">www.sec.gov</a>. Except as expressly required by applicable securities law, AST SpaceMobile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260419512905r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260419512905/en/" rel="nofollow">https://www.businesswire.com/news/home/20260419512905/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor Contact:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Scott Wisniewski
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investors@ast-science.com" shape="rect">investors@ast-science.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Allison
<br xmlns="http://www.w3.org/1999/xhtml"></br>Eva Murphy Ryan
<br xmlns="http://www.w3.org/1999/xhtml"></br>917-547-7289
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:AstSpaceMobile@allisonpr.com" shape="rect">AstSpaceMobile@allisonpr.com</a>

</p>

ASTS

AST SpaceMobile Addresses Today's Orbital Launch of BlueBird 7 on the New Glenn Launch Vehicle

AST SpaceMobile Suffers Setback with BlueBird 7 Launch

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>AST SpaceMobile, Inc. (&amp;#34;AST SpaceMobile&amp;#34;) (NASDAQ:ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>AST SpaceMobile&#039;s BlueBird 7 satellite faced orbital issues and will de-orbit, yet insurance covers potential losses. The company remains on track for future launches, aiming for 45 satellites by 2026, presenting an ongoing growth opportunity despite current challenges.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>AST SpaceMobile launched BlueBird 7, but it faced orbital issues.</li><li>The satellite will de-orbit, though insurance will cover its cost.</li><li>AST continues production with BlueBird 32 and plans launches every 1-2 months.</li><li>Target is to deploy 45 satellites in orbit by end of 2026.</li><li>Production of upcoming BlueBird satellites is on schedule.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Blue Origin (N/A)</strong>: Provider of the New Glenn launch vehicle.</li><li><strong>AST SpaceMobile (ASTS)</strong>: Focus on building a space-based cellular network.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news fits within &#039;Corporate Developments&#039; as it outlines key operational updates and challenges, crucial for investors tracking AST SpaceMobile&#039;s growth trajectory and potential setbacks.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Insurance recovery could stabilize costs related to BlueBird 7&#039;s failure.</li><li>Upcoming satellite launches may boost investor confidence in ASTS&#039;s infrastructure.</li><li>Production schedule for future BlueBird satellites remains on track.</li><li>Operational plans indicate aggressive growth through 2026, signaling positive long-term prospects.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BlueBird 7 was launched but ended up in a lower orbit than planned.</li><li>Cost of the BlueBird 7 satellite will be covered by insurance.</li><li>AST SpaceMobile plans launches of satellites approximately every one to two months.</li><li>The company targets a total of 45 satellites in orbit by the end of 2026.</li><li>Production is ongoing for BlueBird 8 to 10, expected to ship soon.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should monitor ASTS for recovery potential, anticipating growth over the next 12-18 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
AST SpaceMobile, Inc. (&#34;AST SpaceMobile&#34;) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ASTS">ASTS</a>), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, addresses today's orbital launch of BlueBird 7 on the New Glenn launch vehicle.

</p><p xmlns="http://www.w3.org/1999/xhtml">
During the New Glenn 3 mission, BlueBird 7 was placed into a lower than planned orbit by the upper stage of the launch vehicle. While the satellite separated from the launch vehicle and powered on, the altitude is too low to sustain operations with its on-board thruster technology and will de-orbited. The cost of the satellite is expected to be recovered under the company's insurance policy.

</p><p xmlns="http://www.w3.org/1999/xhtml">
BlueBird 7 would have been AST SpaceMobile's eighth deployed into low Earth orbit and is one of many planned for its space-based cellular broadband network. The company is currently in production through BlueBird 32, with BlueBird 8 to 10 expected to be ready to ship in approximately 30 days.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The company continues to expect an orbital launch every one to two months on average during 2026, supported by agreements with multiple launch providers, and it continues to target approximately 45 satellites in orbit by the end of 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About AST SpaceMobile</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio, and designed for both commercial and government applications. Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. For more information, follow AST SpaceMobile on <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCDr2JePebZFY-vwQaZueftg&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=YouTube&amp;index=1&amp;md5=2addc60d23211b4784b1067828e53a09" shape="rect">YouTube</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FAST_SpaceMobile&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=X+%28Formerly+Twitter%29&amp;index=2&amp;md5=a8da5afe857cd2d33790f570382c0cfc" shape="rect">X (Formerly Twitter)</a>, <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fauthwall%3Ftrk%3Dbf%26trkInfo%3DAQHKqM4IojiV3gAAAYct9c_ozRwv13-eVjLgh1BhGTNXnjdhcPOM12k9tJTT3SiaDeJ9Uw55CTWOvOxo1Gv97tcPXJ-TNk2ZdYJe_E7E93RPl60HxEJOQdnFqVRCxenRTvAzKsg%3D%26original_referer%3D%26sessionRedirect%3Dhttps%253A%252F%252Fwww.linkedin.com%252Fcompany%252Fast-spacemobile%252F&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=99cdbcd9e0cf0eff9066207fe7115c5f" shape="rect">LinkedIn</a> and <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FASTSpaceMobile&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=a29eb0df33324cc896240106e7007045" shape="rect">Facebook</a>. Watch <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fyoutu.be%2FGO9-SBCq8oY&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=this+video&amp;index=5&amp;md5=7b969116d25430f528fc971cabe2c530" shape="rect">this video</a> for an overview of the SpaceMobile mission.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This communication contains "forward-looking statements" that are not historical facts, and involve risks and uncertainties that could cause actual results of AST SpaceMobile to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes," "estimates," "anticipates," "expects," "intends," "plans," "may," "will," "would," "potential," "projects," "predicts," "continue," or "should," or, in each case, their negative or other variations or comparable terminology. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside AST SpaceMobile's control and are difficult to predict.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Factors that could cause such differences include, but are not limited to: (i) expectations regarding AST SpaceMobile's strategies and future financial performance, including AST's future business plans or objectives, expected functionality of the SpaceMobile Service, anticipated timing of the launch of the Block 2 BlueBird satellites, anticipated demand and acceptance of mobile satellite services, prospective performance and commercial opportunities and competitors, the timing of obtaining regulatory approvals, ability to finance its research and development activities, commercial partnership acquisition and retention, products and services, pricing, marketing plans, operating expenses, market trends, revenues, liquidity, cash flows and uses of cash, capital expenditures, and AST SpaceMobile's ability to invest in growth initiatives; (ii) the negotiation of definitive agreements with mobile network operators relating to the SpaceMobile Service that would supersede preliminary agreements and memoranda of understanding and the ability to enter into commercial agreements with other parties or government entities; (iii) the ability of AST SpaceMobile to grow and manage growth profitably and retain its key employees and AST SpaceMobile's responses to actions of its competitors and its ability to effectively compete; (iv) changes in applicable laws or regulations; (v) the possibility that AST SpaceMobile may be adversely affected by other economic, business, and/or competitive factors; (vi) the outcome of any legal proceedings that may be instituted against AST SpaceMobile; and (vii) other risks and uncertainties indicated in the Company's filings with the Securities and Exchange Commission (SEC), including those in the Risk Factors section of AST SpaceMobile's Form 10-K filed with the SEC on March 2, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
AST SpaceMobile cautions that the foregoing list of factors is not exclusive. AST SpaceMobile cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors in AST SpaceMobile's Form 10-K filed with the SEC on March 2, 2026. AST SpaceMobile's securities filings can be accessed on the EDGAR section of the SEC's website at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov&amp;esheet=54517785&amp;newsitemid=20260419512905&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=6&amp;md5=be630fddd35e85464abd2990d58ff939" shape="rect">www.sec.gov</a>. Except as expressly required by applicable securities law, AST SpaceMobile disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260419512905r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260419512905/en/" rel="nofollow">https://www.businesswire.com/news/home/20260419512905/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Investor Contact:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Scott Wisniewski
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:investors@ast-science.com" shape="rect">investors@ast-science.com</a>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Allison
<br xmlns="http://www.w3.org/1999/xhtml"></br>Eva Murphy Ryan
<br xmlns="http://www.w3.org/1999/xhtml"></br>917-547-7289
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:AstSpaceMobile@allisonpr.com" shape="rect">AstSpaceMobile@allisonpr.com</a>

</p>

AST SpaceMobile's BlueBird 7 satellite faced orbital issues and will de-orbit, yet insurance covers potential losses. The company remains on track for future launches, aiming for 45 satellites by 2026, presenting an ongoing growth opportunity despite current challenges.

AST SpaceMobile Addresses Today's Orbital Launch of BlueBird 7 on the New Glenn Launch Vehicle

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News