The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Michael Crawford - B. Riley - Analyst
: Could you talk about what you're doing in Midland now to scale production? How long it takes to build a Block 1 or a Block two satellite today and
what that time frame might look like once you scale up to more fuller production?
Question: Michael Crawford - B. Riley - Analyst
: Okay. Just one more for me. One of your strategic partners, Rakuten, in its third quarter results presentation specifically stated that they aim to
provide nationwide coverage with AST SpaceMobile starting in 2026. When should we expect to see a definitive agreement with Rakuten?
Question: Christopher Schoell - UBS - Analyst
: Just a follow-up on the launch services agreement. Any color you can give on the cadence for the 60 satellites potentially being launched? And is
it fair to assume it will be back-end loaded?
And I believe the New Glenn rocket had been delayed previously. Can you just talk through what gives you confidence you will not see further
delays and your backup options in the event New Glenn falls behind schedule?
Question: Christopher Schoell - UBS - Analyst
: Great. And if I can just spend one more. Any thoughts on how space policy or regulation could evolve under the new administration? I appreciate
it's still early days, but would love to hear potential impacts you're thinking about for your business.
Question: Christopher Quilty - Quilty Analytics - Analyst
: Scott, I think in the script, you mentioned the potential government revenues in the hundreds of millions of dollars. Should we assume those are
hardware revenues? Or are those service revenues?
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NOVEMBER 14, 2024 / 10:00PM, ASTS.OQ - Q3 2024 AST SpaceMobile Inc Earnings Call
Question: Christopher Quilty - Quilty Analytics - Analyst
: Understand. And it's turned out that the ground networks are often the lowest component of any sort of a network build-out. Is it fair to assume
there would have to be a bespoke government ground system? Or could the government use it with existing infrastructure?
Question: Christopher Quilty - Quilty Analytics - Analyst
: Good. As long as you deliver the revenues, you don't need to explain the technology.
Question: Bryan Kraft - Deutsche Bank - Analyst
: I had two, if I could. First, could you just talk about the timeline for testing the five satellites you launched in September and putting those into
commercial service?
And then secondly, Scott, could you give us a sense of the pipeline and level of activity as it relates to signing new commercial agreements with
MNOs?
Question: Caleb Henry - Quilty Analytics - Analyst
: One question, sorry, if this has already been answered, just a clarification. How many Block 1 satellites does AST anticipate launching before switching
over to the Block 2?
Question: Caleb Henry - Quilty Analytics - Analyst
: Okay. All right. You also mentioned expecting to see more FCC filings for space and ground segment. And you've talked a lot about the space side,
but can you give any color on what kind of ground network rollout you need in terms of like how many teleports around the world and where
you've progressed with those to date for commercial service?
Question: Caleb Henry - Quilty Analytics - Analyst
: Okay. And then just one more question. So it sounds like eight satellites can launch for New Glenn, four for Falcon 9. How many are you anticipating
for the ISRO launch? And is that with the smaller PSLV or the larger GSLV rocket?
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