Satellite-to-smartphone broadband company AST & Science to go public through a SPAC
Satellite-to-smartphone broadband company AST & Science to go public through a SPAC CNBC 12/16/2020 Michael Sheetz The New Providence SPAC will take next-generation satellite broadband specialist AST & Science public through a deal that values the space company at $1.8 billion. AST will list on the Nasdaq under the ticker symbol ASTS when the deal closes. "What we're doing is launching a space-based satellite network that allows any phone — without any modification of hardware, software, apps, nothing — to be able to connect directly to satellites," AST chairman and CEO ...
Source: msn.com