GlobeNewswire by notified

Nokia radio technology to enable AST SpaceMobile’s direct-to-cell phone connectivity from space

Share

Nokia radio technology to enable AST SpaceMobile’s direct-to-cell phone connectivity from space

  • Nokia wins five-year global 4G and 5G deal from AST SpaceMobile
  • AST SpaceMobile plans to bring cellular connectivity directly to 4G and 5G devices via low Earth-orbiting satellites in collaboration with mobile network operators
  • Nokia and AST SpaceMobile committed to finding real-world solutions to expand universal coverage and close the digital divide around the world

28 July 2022

Espoo, Finland – Nokia today announced that they have signed a five-year 5G deal with AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS) – the company building the first and only space-based cellular broadband networkaccessibledirectly by standard 4G or 5G mobile devices. Under the deal, Nokia and AST SpaceMobile will work to achieve their joint ambition to expand universal coverage and connect underserved communities around the world. The launch of AST SpaceMobile’s BlueWalker 3 test satellite later this year will kick off global testing with mobile network operators on six continents.

AST SpaceMobile's mission is to eliminate the connectivity gaps faced by over five billion mobile subscribers worldwide and to bring cellular broadband to approximately half of the world's population who remain unconnected. Their approach will mean that subscribers outside the reach of cellular coverage could have access to broadband speeds without having to invest in specialized hardware and be able to roam from land networks to space networks for the first time. Through its mobile network operator relationships, AST SpaceMobile has entered into agreements and understandings with mobile network operators which collectively service over 1.8 billion cellular customers.

Nokia’s AirScale Single RAN equipment aims to enable AST SpaceMobile in providing mobile services to new and existing subscribers in regions currently not served by terrestrial communication networks. This includes connecting devices globally on land, at sea, or in flight. Nokia will provide equipment from its comprehensive, energy-efficient AirScale portfolio including its AirScale base stations powered by its latest generation of Nokia’s ReefShark System-on-Chip (SoC) chipsets. AST SpaceMobile will benefit from Nokia’s modular baseband plug-in cards which add capacity where it is needed offering flexibility and efficiency. Nokia will also provide its NetAct solution for network management and seamless daily network operations as well as optimization and technical support services.

“Connectivity should be considered an essential service like water, electricity, or gas. Everyone should be able to have access to universal broadband services that will ensure that no one is left behind,” said Tommi Uitto, President of Mobile Networksat Nokia. “Nokia has a long history of delivering connectivity solutions that have had a major and positive impact on society. We have worked closely with AST SpaceMobile on this important initiative for two years which seeks to provide crucial connectivity from space to underserved communities around the world. We are of course proud our technology is playing an important role in underpinning the networks.”

AST SpaceMobile plans to launch its BlueWalker 3 satellite for testing in early to mid-September from Cape Canaveral, Florida. BlueWalker 3 is a low Earth orbiting satellite and has an aperture of approximately 64 square meters (693 square feet), which is designed to communicate directly with cellular devices via 3GPP standard frequencies. Ultimately, AST SpaceMobile is aiming to deploy approximately 100 satellites to achieve substantial global mobile coverage.

“With the integration of Nokia’s AirScale system, AST SpaceMobile and Nokia are taking an important step toward closing connectivity gaps all over the world," said Scott Wisniewski, Chief Strategy Officer at AST SpaceMobile. “Nokia is supporting us with dozens of engineers and development professionals, including leading architecture research experts at Bell Labs, the world-renowned industrial research arm of Nokia. In the coming months, we are scheduled to launch our BlueWalker 3 test satellite into low Earth orbit, which has a 64-square meter phased array antenna designed for direct-to-cell connectivity. With this satellite, we plan to conduct testing all over the world with leading mobile network operators, leveraging Nokia's technology solutions on the ground.”

Nokia is committed to equitable opportunity for all and access to education, healthcare, jobs, and community digital services. Nokia supports the 2025 targets set by The Broadband Commission for Sustainable Development that aims to ‘connect the other half’ in the next five years. They are involved in several projects underway around the world including in El Salvador and Kenya. These public/private initiatives are designed to bring public services such as schools and hospitals online. They are intended to vastly improve internet access and create the foundations that will enable everyone to participate in the digital economy.

Resources
Nokia AirScale
Image 1

About Nokia
At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable, and inclusive world.

About AST SpaceMobile
AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio. Our engineers and space scientists are on a mission to eliminate the connectivity gaps faced by today's five billion mobile subscribers and finally bring broadband to the billions who remain unconnected. For more information, follow AST SpaceMobile on YouTube, Twitter, LinkedIn and Facebook. Watch this video for an overview of the SpaceMobile mission.

Media Inquiries:
Nokia Communications
Email: press.services@nokia.com

AST SpaceMobile Media:
Brandyn Bissinger
Email: press@ast-science.com

AST SpaceMobile Investor:
Scott Wisniewski
Email: investors@ast-science.com


To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Valberedning inför Industrivärdens årsstämma 20233.10.2022 10:00:00 CEST | Pressemelding

Enligt det beslut om valberedningen som fattades vid årsstämman 2011, och som gäller tillsvidare, uppdras åt styrelsens ordförande att ta kontakt med fyra bland de röstmässigt största ägarregistrerade aktieägarna i Euroclear Sweden AB:s utskrift av aktieboken per sista bankdagen i augusti, som vardera utser en representant som inte är ledamot i bolagets styrelse att jämte ordföranden utgöra valberedning för tiden intill dess att ny valberedning utsetts. Valberedningen utser ordföranden inom gruppen. Sammansättningen av valberedningen ska tillkännages senast sex månader före nästa årsstämma. Inget arvode ska utgå. I enlighet härmed har valberedningen följande sammansättning: Mats Guldbrand, L E Lundbergföretagen, Bo Damberg, Jan Wallanders och Tom Hedelius stiftelse m fl, Jan Svedjebrant, SCA Pensionsstiftelser m fl, Mikael Schmidt, Essity Pensionsstiftelser m fl, samt Fredrik Lundberg, styrelseordförande i Industrivärden. Om ledamot lämnar valberedningen innan dess arbete är slutfört,

Nominating committee ahead of Industrivärden’s 2023 AGM3.10.2022 10:00:00 CEST | Press release

In accordance with a resolution for the Nominating Committee made by the 2011 Annual General Meeting, and which applies until further notice, the Chairman of the Board is assigned the task of contacting four shareholders from among the largest registered shareholders in terms of votes in Euroclear Sweden AB's printout of the shareholder register as per the last business day in August, who each appoints one representative who is not a director on the Company's board, to form together with the Chairman of the Board a Nominating Committee for the time until a new Nominating Committee has been appointed. The Nominating Committee appoints a committee chair from among its members. The composition of the Nominating Committee shall be made public not later than six months before the next Annual General Meeting. No fee is payable for work on the Nominating Committee. Accordingly, the Nominating Committee has the following composition: Mats Guldbrand, L E Lundbergföretagen, Bo Damberg, Jan Walla

Sampo plc: Managers’ Transactions (Wahlroos/Alectoris AS)3.10.2022 08:55:00 CEST | Press release

SAMPO PLC MANAGERS’ TRANSACTIONS 3 October 2022 at 9:55 am Sampo plc: Managers’ Transactions (Wahlroos/Alectoris AS) Sampo plc (business code 0142213-3) has received the following notification under Article 19 of the Market Abuse Regulation. The transaction concerns the change of ownership in Alectoris AS. After the transaction, Wahlroos doesn’t have controlling interest in Alectoris AS. ____________________________________________ Person subject to the notification requirement Name: Björn Wahlroos Position: Member of the Board/Deputy member Issuer: Sampo plc LEI: 743700UF3RL386WIDA22 Notification type: INITIAL NOTIFICATION Reference number: 20225/5/4 ____________________________________________ Transaction date: 2022-09-27 Venue not applicable Instrument type: SHARE ISIN: FI0009003305 Nature of the transaction: GIFT, DONATION OR INHERITANCE (MADE) Transaction details (1): Volume: 570,000 Unit price: 0 N/A Aggregated transactions (1): Volume: 570,000 Volume weighted average price: 0 N/

Norsk Hydro: Status share buyback program3.10.2022 08:10:00 CEST | Press release

Please see below information about transactions made under the share buy-back program for Norsk Hydro ASA. Announcement date of the share buyback program: September 23, 2022 End date of the share buyback program: March 29, 2023 Overview of transactions: Date Aggregate daily volume (no. of shares) Volume weighted average price (NOK) Total transaction value (NOK) 26.09.2022177 00055.919 895 23827.09.2022170 00057.779 820 30528.09.2022178 00055.879 945 44729.09.2022170 00057.679 803 52630.09.2022170 00058.539 950 746Total transactions under the program:865 00057.1349 415 263 Following the above listed transactions, Norsk Hydro ASA owns a total of 17 317 403 shares, corresponding to 0.84% of Norsk Hydro ASA's share capital. Attachment: An overview of all the completed transactions under the program for the dates specified above is attached to this notification and available on www.newsweb.no. This is information that Norsk Hydro ASA is obliged to make public pursuant to the EU Market Abuse

Norsk Hydro: Status tilbakekjøp av egne aksjer3.10.2022 08:10:00 CEST | Pressemelding

Nedenfor er informasjon om transaksjoner foretatt under tilbakekjøpsprogrammet for Norsk Hydro ASA. Dato for når tilbakekjøpsprogrammet ble annonsert: 23. september 2022 Tilbakekjøpsprogrammets varighet: 29. mars 2023 Oversikt over transaksjoner: Date Aggregate daily volume (no. of shares) Volume weighted average price (NOK) Total transaction value (NOK) 26.09.2022177 00055,919 895 23827.09.2022170 00057,779 820 30528.09.2022178 00055,879 945 44729.09.2022170 00057,679 803 52630.09.2022170 00058,539 950 746Total transactions under the program:865 00057,1349 415 263 Etter gjennomføringen av overnevnte transaksjoner, eier Norsk Hydro ASA totalt 17 317 403 egne aksjer, tilsvarende 0,84% av Norsk Hydro ASAs aksjekapital. Vedlegg: En oversikt over alle gjennomførte handler under tilbakekjøpsprogrammet som er uført i overnevnte tidsperiode er vedlagt denne meldingen og tilgjengelig på www.newsweb.no. Denne opplysningen er informasjonspliktig i henhold til EUs Market Abuse Regulation og krav