AST SpaceMobile, Inc. (NASDAQ:ASTS) Q4 2022 Results Conference Call March 31, 2023 8:00 AM ET

Company Participants

Scott Wisniewski - Chief Strategy Officer

Abel Avellan - Chairman, CEO

Sean Wallace - CFO

Conference Call Participants

Mike Crawford - B. Riley

Chris Quilty - Quilty Analytics

Mathieu Robiliard - Barclays

Bryan Kraft - Deutsche Bank

Landon Park - Morgan Stanley

Operator

Good day, and thank you for standing by. Welcome to the AST SpaceMobile Fourth Quarter 2022 Business Update Call. Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your host today, Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile. Please go ahead.

Scott Wisniewski

Thank you, and good morning, everyone. Let me refer you to Slide two of the presentation, which contains our safe harbor disclaimer. During today's call, we may make certain forward-looking statements, these statements are based on current expectations and assumptions, and as a result, are subject to risks and uncertainties. Many factors could cause actual events to differ materially from the forward-looking statements on this call.

For more information about these risks and uncertainties, please refer to the Risk Factors section of AST SpaceMobile's annual report on Form 10-K for the year that ended December 31, 2022, with the Securities and Exchange Commission and other documents filed by AST SpaceMobile with the SEC from time to time.

Readers are cautioned not to put undue reliance on forward-looking statements, and the company specifically disclaims any obligation to update the forward-looking statements that may be discussed during the call. Also, after our initial remarks, we will be starting our Q&A section with questions submitted in advance by our shareholders.

Now, referring to Slide three. For those of you who may be new to our company and our mission, there are over five billion mobile phones in use today around the world, but many of us still experience gaps in coverage as we live, work in trouble.

With this, AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard unmodified mobile phones based on our extensive IP and patent portfolio. Our engineers and Space scientists are on a mission to eliminate the connectivity gaps based by today's five billion mobile subscribers and finally bring broadband to the billion to remain unconnected.

With that, it is my pleasure to now pass it over to Chairman and CEO, Abel Avellan.