AST SpaceMobile Reaches Crucial Phase in Blueprinting Next-Gen Satellite Network
AST readies a first-of-its-kind network
In a press release late Wednesday, AST SpaceMobile announced it has commenced the 'tape-out phase' for its Application-Specific Integrated Circuit (ASIC) in collaboration with Taiwan Semiconductor Manufacturing (NYSE: TSM). In semiconductor manufacturing, the tape-out phase is a critical process that marks the transition from design to actual production.
What's next for AST SpaceMobile shareholders?
Indeed, AST has spent the past four years in dedicated R&D and engineering, investing $45 million in development for its AST5000 ASIC. The novel, low-power architecture was designed to enable a high-bandwidth, space-based satellite network that will be accessible by everyday smartphones for both commercial and government use. AST has agreements in place with more than 40 mobile network operators around the world totaling over 2 billion subscribers.
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