AST SpaceMobile attracts investments from AT&T, Google and Vodafone

AST SpaceMobile has attracted significant investments totalling $206.5 million from industry giants AT&T, Google, and Vodafone. The investment includes $155 million as a strategic infusion and an additional $51.5 million to be drawn from the company's existing senior-secured credit facility.

This latest investment round underscores confidence in AST SpaceMobile's technology and its position in the emerging space-based cellular direct-to-device market. The company aims to...

UK announces £50M satellite industry boost

The UK Space Agency has announced a £50 million fund to boost the satellite communications industry.

Funding from the initiative will be used for projects including satellite constellations, ground systems, and entirely new end-to-end systems.

Science Minister George Freeman said:

“Developing UK space capabilities and maximising commercial opportunities are key to the National Space Strategy, as part of our plans to become a leading power in space and build...