Seraphim Space Fund is proud to be associated with with this game-changing company. AST will create a space-based satellite network that allows any cell phone – without any modification of hardware, software, apps, nothing – to be able to connect directly to satellites "cell towers in space".
Through their partnership with Vodafone, the lead investor from the B series, and pending regulatory approval in each country, AST plans to initially offer commercial service in 49 equatorial nations. This means that the company’s SpaceMobile network will reach “over 700 million unconnected people” with 4G and 5G capability.
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