Ategrity Specialty Holdings LLC

$AST SpaceMobile(ASTS.US) | AST SpaceMobile (ASTS) Q1 2026 Earnings Call Summary

𝐂𝐄𝐎 – Abel Avellan

➤ “AST SpaceMobile start to 2026 reflect our progress in scaling manufacturing and production, mobile network operator partner expansion, ground network integration, multi-partner launch, and a fortress capital position.”

➤ “We continue to execute on key business objectives as the company transitioning from R&D stage to fully scaled operational deployment.”

➤ “Our custom ASIC is designed to support up to 10 GHz of processing bandwidth per satellite.”

➤ “We currently expect to integrate AI edge computing and AI spectrum management features into our next generation BlueBird satellites.”

➤ “We are returning to the launch pad at Cape Canaveral in mid-June with BlueBirds 8, 9, and 10 aboard a Falcon 9 launch vehicle.”

➤ “We are targeting approximately 45 satellites in orbit by year-end.”

➤ “We recently achieved peak data speed of an incredible 98.9 Mbps using our in-orbit Block 1 satellites.”

➤ “We expect our on-orbit Block 2 BlueBird satellite to nearly double the peak data speed recently achieved.”

➤ “Our ecosystem includes nearly 60 global MNO partners covering over three billion subscribers.”

➤ “Our commercial advancements have enabled us to secure over $1.2 billion in contracted revenue commitment from our commercial partners.”

➤ “We possess the ability to deploy significant power to orbit at a meaningful scale and competitive cost.”

➤ “We believe that as of today, we are the only technology that have a space-based cellular broadband capability.”

➤ “We hold approximately 3,900 patents and patent pending claims around our technology.”

➤ “We are fully vertically integrated. We own the IP. We control the manufacturing of everything on our satellites.”

➤ “The peak data rate for our larger BB6 and BlueBird 9 and 10 is approximately double of what we disclosed this morning.”

➤ “Our focus is broadband. Nobody is nowhere close to the capability that we have technically.”

➤ “The target is 45 days” regarding satellite commissioning after launch.

𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 – Scott Wisniewski

➤ “The market pull for our network remains extremely strong.”

➤ “We expect additional MNO agreements to be signed with increasing velocity throughout 2026.”

➤ “These government awards are expected to contribute significantly to 2026 revenue objectives.”

➤ “Our goal across all our contracts is to develop capabilities that could grow into programs of record with billions of annual revenue potential.”

➤ “We achieved nearly $15 million in reported revenue during Q1.”

➤ “The progress we are seeing supports our confidence in reiterating our 2026 revenue guidance of $150 million-$200 million.”

➤ “We see the 2027 revenue opportunity approaching $1 billion.”

➤ “We have contracted launch capacity to meet our target for 2026.”

➤ “We expect on the next New Glenn, we’ll launch four satellites.”

➤ “We’re buyers of launch across the entire heavy launcher footprint.”

➤ “This is a really big moment for us” regarding Golden Dome and defense opportunities.

➤ “We expect a very significant growth in revenue and opportunity in all aspects of government usage of our technology.”

𝐂𝐅𝐎 – Andy Johnson

➤ “We began executing against our annual revenue plan.”

➤ “We remain on track to meet our full-year 2026 revenue guidance of $150 million-$200 million.”

➤ “We currently have BlueBird 11 to BlueBird 33 in advanced stages of assembly.”

➤ “Our manufacturing progress positions us well to support our launch target of approximately 45 BlueBird satellites in orbit by the end of 2026.”

➤ “Our balance sheet continues to provide us with financial flexibility.”

➤ “Our cash equivalents and restricted cash as of March 31, 2026 was approximately $3.5 billion.”

➤ “We do not have any plans to pursue additional convertible debt in 2026.”

➤ “We expect revenue to grow meaningfully each subsequent quarter this year.”

➤ “Approximately half of the revenue opportunity within our commercial pipeline this year is already booked or contracted.”