AST SpaceMobile, Inc. (NASDAQ:ASTS) Q1 2024 Earnings Conference Call May 15, 2024 5:00 PM ET
Corporate Participants
Scott Wisniewski - Chief Strategy Officer
Abel Avellan - Chairman and Chief Executive Officer
Sean Wallace - Chief Financial Officer
Conference Call Participants
Mike Crawford - B. Riley Securities
Brian Kraft - Deutsche Bank
Andres Coello - Scotiabank
Chris Schoell - UBS
Chris Quilty - Quilty Analytics
Operator
Good day and thank you for standing by. Welcome to the AST SpaceMobile First Quarter 2024 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 afternoon, 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 can 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, 2023, filed with the Securities and Exchange Commission and other documents filed by AST SpaceMobile with the SEC, from time to time.
Also, after our initial remarks, we will be starting our Q&A section with questions submitted in advance by our shareholders.
Welcome, everyone. For those of you who may be new to our company and mission, there are over 5 billion mobile phones in use today around the world, but many of us still experience gaps in coverage as we live, work, and travel.
Additionally, there are billions of people without cellular broadband and who remain unconnected to the global economy. The markets we are pursuing are massive, and the problem we are solving is important and touches nearly all of us. In this backdrop, AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with every day, unmodified mobile devices, supported by our extensive IP and patent portfolio.
It is now my pleasure to pass it over to Chairman and CEO, Abel Avellan, who will go through our activities since the last public update.
Abel Avellan